Media coverage about Sonic Automotive (NYSE:SAH) has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sonic Automotive earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.7706789223865 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern’s rankings:
Shares of Sonic Automotive (SAH) opened at 20.85 on Friday. The company has a market capitalization of $914.50 million, a PE ratio of 14.03 and a beta of 1.51. The company’s 50-day moving average is $19.75 and its 200-day moving average is $18.88. Sonic Automotive has a one year low of $15.95 and a one year high of $27.45.
Sonic Automotive (NYSE:SAH) last released its quarterly earnings results on Tuesday, October 24th. The company reported $0.40 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.40. Sonic Automotive had a net margin of 0.70% and a return on equity of 10.48%. The firm had revenue of $2.51 billion during the quarter, compared to analyst estimates of $2.54 billion. During the same quarter last year, the business earned $0.47 EPS. The company’s revenue was down 2.0% compared to the same quarter last year. Equities analysts predict that Sonic Automotive will post $1.85 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 15th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.96%. The ex-dividend date is Thursday, December 14th. Sonic Automotive’s dividend payout ratio (DPR) is 13.07%.
Several research analysts have commented on SAH shares. KeyCorp restated a “hold” rating on shares of Sonic Automotive in a research report on Friday, September 1st. Zacks Investment Research upgraded shares of Sonic Automotive from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Bank of America Corporation cut shares of Sonic Automotive from a “neutral” rating to an “underperform” rating in a report on Thursday, October 19th. TheStreet upgraded shares of Sonic Automotive from a “c+” rating to a “b” rating in a report on Wednesday, October 18th. Finally, BidaskClub cut shares of Sonic Automotive from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Three analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $21.75.
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About Sonic Automotive
Sonic Automotive, Inc is an automotive retailer in the United States. The Company’s operating segments include Franchised Dealerships and EchoPark. Its Franchised Dealerships segment consists of retail automotive franchises that sell new vehicles and buy and sell used vehicles, sell replacement parts, perform vehicle repair and maintenance services, and arrange finance and insurance products.
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