Estimize Posted - 1 month ago

Wall St is expecting 1.47 EPS for $SAH Q4 [Reporting 02/12 BMO] http://www.estimize.com/intro/sah?chart=historical&metric_name=eps&utm_cont

NVDAMillionaire Posted - 1 month ago

$SAH Sonic Automotive (SAH): Riding the Waves of Automotive Retail’s Evolution https://beyondspx.com/article/sonic-automotive-sah-riding-the-waves-of-automotive-retail-s-evolution

DonCorleone77 Posted - 10/24/24

$SAH Sonic Automotive reports Q3 adjusted EPS $1.26, consensus $1.43 Reports Q3 revenue $3.5B, consensus $3.55B. David Smith, Chairman and Chief Executive Officer of Sonic Automotive, stated, "I'm pleased to report that we continued to build momentum in our EchoPark Segment in the third quarter, generating all-time record quarterly gross profit, segment income, and adjusted EBITDA* as a result of the dedicated efforts of our team and the improving conditions in the used vehicle retail environment. Overall, the Sonic Automotive team continued to execute at a high level, despite operational disruptions throughout July related to the functionality of certain CDK customer lead applications, inventory management applications and related third-party application integrations with CDK, which negatively impacted our Franchised Dealerships Segment results in the third quarter. With this disruption behind us, we remain confident that our team, our brand portfolio, and our long-term strategy will continue to benefit our diversified business and generate long-term value for our stakeholders."

AnaChart Posted - 09/25/24

$SAH https://anachart.com/wp-content/uploads/ana_temp/1727276502_soc-img.jpg

Aigner_Andreas Posted - 3 months ago

TD BUY $SAH at 56.08, Supp 51.36 Resis 63.04 R23 HiLo 70% T1Y 60 hold 2.9 DIV 2.24% #Sonic Auto #stocks #trading #finance #market

Thestocktraderhubzee Posted - 3 months ago

$SAH JP Morgan Maintains Overweight on Sonic Automotive, Raises Price Target to $75

fwank Posted - 3 months ago

$SPY $CVNA $SAH Subprime delinquencies were already rising from 2015 through 2019, as subprime lending was getting very aggressive, leading to a slew of scandals, big losses, and the collapse of some PE-firm-owned specialized subprime dealer/lenders in 2018, some of which we discussed at the time, so we’re kind of used to the subprime drama and take it in stride. The thing is, subprime is a business with huge profit margin on selling the cars, and huge profits on financing the cars at dizzying interest rates, and so specialized companies take big risks to get to those profits, and for some, it ends in a collapse when the risks come home to roost.

StockInvest_us Posted - 08/28/24

Signal alert: $SAH - Overbought Trend Short (Overvalued) https://stockinvest.us/l/3wdNt09Zpk

jParkz Posted - 4 months ago

$SAH News Sonic Automotive Inc. (NYSE: SAH) is a Leading Gainer in 8/5 Morning Trading https://marketwirenews.com/news-releases/sonic-automotive-inc-nyse-sah-is-a-leading-gainer-in-8549500857383699.html $SAH

briefingcom Posted - 4 months ago

$SAH: New and used car retailer Sonic Automotive (+4.5%) is driving sharply higher after reporting mixed Q2 results that included a few extraordinary items, such as a $0.64/share hit to its GAAP earnings resulting from the CDK software outage in June. Charges related to storm and hail damage and a real estate impairment charge further impaired the results, but on an adjusted basis, SAH generated adjusted EPS of $1.47, beating expectations, with record adjusted EBITDA of $7.2 mln in its EchoPark segment. The EchoPark segment, which operates through an eCommerce channel and focuses on the 1-4 year old pre-owned vehicle market, reported a 14% decrease in revenue to $517.3 mln. However, on a same store basis, EchoPark retail unit sales volumes jumped by 23% in Q2, while revenue and gross profit increased by 10% and 81%, respectively. https://www.briefing.com/story-stocks/archive/2024/8/5/sonic-automotive-speeding-higher-on-betterthanfeared-results-led-by-its-echopark-segment-(sah)?utm_campaign=storystocks&utm_medium=social&utm_source=st&utm_content=link

Himel92 Posted - 4 months ago

Real-Time Stock Data $SAH Price: 61.0 Volume: 231053 Market Cap: 2064761088 PE Ratio: 9.703526 Powered by: MSSV

DonCorleone77 Posted - 4 months ago

$SAH Sonic Automotive reports Q2 adjusted EPS $1.47, consensus $1.38 Reports Q2 revenue $3.5B, consensus $3.58B. CEO David Smith stated, "I'm pleased to report that we continued to make great progress in our EchoPark Segment performance in Q2, with record Q2 Adjusted EBITDA that outpaced our previous projections and sets the stage for continued growth in the second half of 2024 and beyond. Overall, the Sonic Automotive team continued to execute at a high level, despite operational challenges in the last 12 days of Q2 as a result of the previously announced CDK Global software outage...As a result of the business disruption caused by the CDK outage, we estimate our second quarter GAAP income before taxes was negatively impacted by approximately $30M, or 64c in diluted earnings per share." CFO Heath Byrd added, "Our diversified cash flow streams continued to benefit our overall financial position in Q2, despite operational disruption from the CDK outage. As of June 30, 2024, we had $467M in cash and floor plan deposits on hand, and approximately $885M of total liquidity, before considering unencumbered real estate. We continue to maintain a conservative balance sheet approach, with the ability to deploy capital strategically as market conditions evolve."

epsguid Posted - 4 months ago

$SAH reported earnings of $1.47, consensus was $1.39, Earnings Whisper was $1.34 via @eWhispers #whisperbeat http://eps.sh/d/sah

Stock_Titan Posted - 4 months ago

$SAH Sonic Automotive Reports Second Quarter 2024 Financial Results https://www.stocktitan.net/news/SAH/sonic-automotive-reports-second-quarter-2024-financial-6oamctur8jpp.html

NVDAMillionaire Posted - 07/30/24

$SAH Sonic Automotive, Inc. (NYSE:SAH) – Navigating the Evolving Automotive Retail Landscape with Diversified Growth Strategies http://beyondspx.com/2024/07/30/sonic-automotive-inc-nysesah-navigating-the-evolving-automotive-retail-landscape-with-diversified-growth-strategies/

Stock_Titan Posted - 07/26/24

$SAH Sonic Automotive Schedules Release of Second Quarter 2024 Financial Results https://www.stocktitan.net/news/SAH/sonic-automotive-schedules-release-of-second-quarter-2024-financial-qs2p3x4c4zjy.html

vjtweet Posted - 07/25/24

$SAH stopped out few times.. this time charm?

vjtweet Posted - 07/21/24

$SAH earnings this week. If it can hold above 58, it is likely to get an explosive upward move.

insiderbuyingselling Posted - 4 months ago

$SAH new insider selling: 19827 shares. http://insiderbuyingselling.com/?t=SAH

InsiderPeek Posted - 4 months ago

$SAH CFO Byrd Heath sold 19.8k shares for $1.2 millions (ownership down 9.64%) insiderpeek.com/company/SAH

StockInvest_us Posted - 5 months ago

Signal alert: $SAH - PivotPoint bottom https://stockinvest.us/l/oyeS57Ty6t

Wallst45 Posted - 5 months ago

$LAD $AN $SAH $ABG $GPI 𝗖𝗗𝗞 𝗰𝘆𝗯𝗲𝗿𝗮𝘁𝘁𝗮𝗰𝗸 𝗿𝗲𝗹𝗮𝘁𝗲𝗱 𝗮𝘂𝘁𝗼 𝘀𝗮𝗹𝗲𝘀 𝗱𝗿𝗼𝗽 𝗻𝗼𝘁 𝗹𝗶𝗸𝗲𝗹𝘆 𝗹𝗼𝘀𝘁 𝗳𝗼𝗿 𝗴𝗼𝗼𝗱 𝗯𝘂𝘁 𝘄𝗶𝗹𝗹 𝘀𝗶𝗺𝗽𝗹𝘆 𝗿𝗼𝗹𝗹𝗼𝘃𝗲𝗿 𝘁𝗼 𝗤𝟯 - 𝗝𝗲𝗳𝗳𝗲𝗿𝗶𝗲𝘀

Wallst45 Posted - 5 months ago

$ABG $AN $LAD $SAH @DonCorleone77 ✌🏼

Wallst45 Posted - 5 months ago

$LAD $ABG $AN $SAH CDK CEO pledges to compensate dealers after ransomware event

DonCorleone77 Posted - 5 months ago

$CARG $CPRT $AN $KMX $SAH Wholesale used-vehicle prices were down 8.9% in June y/y, Manheim reports Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, were down in June compared to May. The Manheim Used Vehicle Value Index or MUVVI, fell to 196.1, a decline of 8.9% from a year ago. The seasonal adjustment to the index mitigated the impact on the month, resulting in values that declined 0.6% month over month for the second time in a row. The non-adjusted price in June decreased by 2.2% compared to May, moving the unadjusted average price down 10.0% year over year. "Wholesale value declines have been stronger than we normally see for much of the last two months," said Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive. "However, even though much of the industry was feeling the retail sales disruptions caused by the CDK outages in the latter part of the month, Manheim started to see wholesale price declines decelerate, ending the month at a seasonally normal pace. Sales conversion is currently running several points above the previous three years, including 2021, indicating that buyer demand is relatively strong despite all the uncertainty in the market." In June, Manheim Market Report or MMR, values saw weekly decreases above long-term average declines, with the first half of the month showing stronger depreciation while the last week slowed noticeably. Over the last four weeks, the Three-Year-Old Index decreased an aggregate of 1.5%, including a decline of only 0.2% in the last week of the month. Those same four weeks delivered an average decrease of 0.5% between 2014 and 2019, showing that depreciation trends are currently running higher than long-term averages for the year. Publicly traded companies in the used vehicle space include: CarGurus (CARG), Copart (CPRT), AutoNation (AN), CarMax (KMX), Sonic Automotive (SAH), Penske Automotive (PAG), Asbury Automotive (ABG) and Group 1 Automotive (GPI).

StockInvest_us Posted - 5 months ago

Signal alert: $SAH - Oversold Trend Short (Undervalued) https://stockinvest.us/l/QjuKirwlxc

DonCorleone77 Posted - 5 months ago

$SAH Sonic says cyberattack 'reasonably likely' to have material impact on Q2 results Sonic Automotive has experienced disruptions since June 19 in its access to certain information systems provided to the company by CDK Global due to a cybersecurity incident experienced by CDK. The affected systems include the company's dealer management system, DMS, its customer relationship management system, CRM, and other systems that support sales, inventory and accounting functions. In a regulatory filing, the company disclosed that access to the basic functionality of the DMS has been restored. Other affected systems, including the CRM and certain functions of the DMS, remain offline as the company continues to investigate and test such systems. Additionally, some third-party applications typically accessible through the affected systems also remain offline. The timing of restoration of full access to all affected systems remains unclear. Since the onset of the incident, the company has closely monitored the effect of the incident on its business, financial condition and results of operations. While the full impact of the incident on the company and its results of operations and financial condition are not presently ascertainable, based on the information available to the company, the company concluded that the incident is reasonably likely to have a material impact on the company's results of operation for Q2 due to, among other thing, a slower rate of vehicle sales during the period since June 19, due to the impact of the incident on the affected systems. As a result, the company expects that its earnings for Q2 will be adversely impacted by the incident. The company has not yet determined whether the incident has otherwise had or is otherwise reasonably likely to have a material impact on the company and its financial condition.

DonCorleone77 Posted - 06/22/24

$SAH Sonic Automotive: CDK suspended certain systems after cyber incident In a regulatory filing, Sonic Automotive disclosed that on June 19, a third-party provider of certain information systems used by Sonic Automotive notified its dealership customers that CDK had suspended certain systems, including systems used by the company, in response to a cybersecurity incident impacting CDK. As a result, the company experienced disruptions to its dealer management system hosted by CDK, which supports critical dealership operations including those supporting sales, inventory and accounting functions and its customer relationship management system. All of the company's dealerships are open and operating utilizing workaround solutions to minimize the disruption caused by this CDK outage. Upon detection of the unauthorized activity, the company immediately took precautionary containment steps to protect the company's systems and commenced an investigation of the incident. As the incident is ongoing, the full scope, nature and impact of the incident, including the extent to which the threat actor accessed any customer data, are not yet known. While this incident has had, and is likely to continue to have, a negative impact on the company's business operations until the relevant systems are fully restored, the company has not yet determined whether the incident is reasonably likely to have a material impact on the company's financial condition or results of operations.

Bsholton Posted - 06/20/24

$LAD $AN $PAG $SAH $ABG Current estimate for CDK to be back up operational is this Sunday. That means these stores have zero revenue for up to 5 normal business days including a holiday and 2 weekend days!

erevnon Posted - 6 months ago

JP Morgan upgrades Sonic Automotive $SAH from Underweight to Neutral and raises the price target from $53 to https://marketsblock.com/stock-upgrades-and-downgrades/