Sonic Automotive Inc. (NYSE: SAH) has reported E.P.S. of $2.18 for its third fiscal quarter (ending September 30) versus $1.96 for the same period a year ago — an increase of 11%. For the latest four quarters through September 30, E.P.S. were $5.77 versus $-1.28 for the same period a year ago — a decline of -551%.
Recent Price Action
Sonic Automotive Inc. (NYSE: SAH) stock enjoyed a large increase of 3.6% on 10/24/24. The stock closed at $57.44. Moreover, this advance was accompanied by exceptionally high trading volume at 242% of normal. The stock has been strong relative to the market over the last nine months and has risen 1.2% during the last week.
Current PriceTarget Research Rating
SAH’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Sonic Automotive has a current Value Trend Rating of C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Sonic Automotive has a neutral Appreciation Score of 59 and a slightly positive Power Rating of 63, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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