Sonic Automotive which can be found using ticker (SAH) now have 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 80 and 35 with the average target price sitting at $60.67. Now with the previous closing price of $50.23 this indicates there is a potential upside of 20.8%. There is a 50 day moving average of $54.63 and the 200 day moving average is $48.04. The market capitalization for the company is $1,857m. Visit the company website at: https://www.sonicautomotive.com
The potential market cap would be $2,243m based on the market consensus.
Sonic Automotive operates as an automotive retailer in the United States. It operates in three segments, Franchised Dealerships, EchoPark, and Powersports. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products for its guests. The EchoPark segment sells used cars and light trucks; and arranges finance and insurance product sales for its guests in pre-owned vehicle specialty retail locations. The Powersports Segment sells new and used powersports vehicles, such as motorcycles, and personal watercraft and all-terrain vehicles; and offers finance and insurance services. Sonic Automotive was incorporated in 1997 and is based in Charlotte, North Carolina.
The company has a dividend yield of 2.23% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 22.5, revenue per share of 361.79 and a 7.98% return on assets.
