Sonic Automotive Stock Today

SAH Stock  USD 69.93  0.50  0.72%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Sonic Automotive is trading at 69.93 as of the 28th of November 2024. This is a 0.72 percent increase since the beginning of the trading day. The stock's open price was 69.43. Sonic Automotive has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Sonic Automotive are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
12th of November 1997
Category
Consumer Cyclical
Classification
Consumer Discretionary
Sonic Automotive, Inc. operates as an automotive retailer in the United States. Sonic Automotive, Inc. was incorporated in 1997 and is based in Charlotte, North Carolina. Sonic Automotive operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. The company has 22.16 M outstanding shares of which 1.39 M shares are at this time shorted by investors with about 7.15 days to cover. More on Sonic Automotive

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Sonic Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOScott Smith
Old NameSahara Energy Ltd
Business ConcentrationAutomotive Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, Consumer Discretionary, Specialty Retail, Auto & Truck Dealerships, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover3.042.6791
Moderately Up
Slightly volatile
Gross Profit Margin0.120.1563
Way Down
Pretty Stable
Net DebtB3.8 B
Way Down
Slightly volatile
Total Current Liabilities1.5 B2.3 B
Way Down
Slightly volatile
Non Current Liabilities Total2.3 B2.2 B
Sufficiently Up
Slightly volatile
Total Assets3.1 B5.4 B
Way Down
Slightly volatile
Total Current Assets1.6 B2.5 B
Way Down
Slightly volatile
Debt Levels
Sonic Automotive can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sonic Automotive's financial leverage. It provides some insight into what part of Sonic Automotive's total assets is financed by creditors.
Liquidity
Sonic Automotive has 3.86 B in debt with debt to equity (D/E) ratio of 2.8, meaning that the company heavily relies on borrowing funds for operations. Sonic Automotive has a current ratio of 1.0, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Sonic to invest in growth at high rates of return.

Free Cash Flow

(208.34 Million)
Sonic Automotive (SAH) is traded on New York Stock Exchange in USA. It is located in 4401 Colwick Road, Charlotte, NC, United States, 28211 and employs 10,500 people. Sonic Automotive is listed under Automotive Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.37 B. Sonic Automotive runs under Specialty Retail sector within Consumer Discretionary industry. The entity has 22.16 M outstanding shares of which 1.39 M shares are at this time shorted by investors with about 7.15 days to cover. Sonic Automotive has about 229.2 M in cash with (15.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.68.
Check Sonic Automotive Probability Of Bankruptcy
Ownership Allocation
Sonic Automotive shows a total of 22.16 Million outstanding shares. The majority of Sonic Automotive outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Sonic Automotive to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Sonic Automotive. Please pay attention to any change in the institutional holdings of Sonic Automotive as this could imply that something significant has changed or is about to change at the company. Also note that roughly one million one hundred twenty-three thousand five hundred fourty-seven invesors are currently shorting Sonic Automotive expressing very little confidence in its future performance.
Check Sonic Ownership Details

Sonic Stock Institutional Holders

InstituionRecorded OnShares
Towle & Co2024-09-30
372.8 K
Geode Capital Management, Llc2024-09-30
333.6 K
Northern Trust Corp2024-09-30
272.9 K
Jacobs Levy Equity Management, Inc.2024-09-30
261.6 K
Bank Of New York Mellon Corp2024-06-30
253.4 K
Goldman Sachs Group Inc2024-06-30
227.2 K
Bank Of America Corp2024-06-30
182.4 K
Nuveen Asset Management, Llc2024-06-30
158.6 K
J. Goldman & Co Lp2024-09-30
130.1 K
Blackrock Inc2024-06-30
2.4 M
Dimensional Fund Advisors, Inc.2024-09-30
1.7 M
View Sonic Automotive Diagnostics

Sonic Automotive Historical Income Statement

As of now, Sonic Automotive's Net Income is increasing as compared to previous years. The Sonic Automotive's current Net Income Applicable To Common Shares is estimated to increase to about 105.6 M, while Total Revenue is projected to decrease to under 8.5 B. View More Fundamentals

Sonic Stock Against Markets

Sonic Automotive Corporate Directors

Keri KaiserIndependent DirectorProfile
William BrooksDirectorProfile
Victor DoolanIndependent DirectorProfile
Robert HellerIndependent DirectorProfile
When determining whether Sonic Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonic Automotive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonic Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonic Automotive Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonic Automotive. If investors know Sonic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonic Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.109
Dividend Share
1.2
Earnings Share
5.64
Revenue Per Share
409.817
Quarterly Revenue Growth
(0.04)
The market value of Sonic Automotive is measured differently than its book value, which is the value of Sonic that is recorded on the company's balance sheet. Investors also form their own opinion of Sonic Automotive's value that differs from its market value or its book value, called intrinsic value, which is Sonic Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonic Automotive's market value can be influenced by many factors that don't directly affect Sonic Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonic Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonic Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonic Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.