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SAH $63

SAH target price
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Sonic Automotive
Type
Public
Traded as NYSE: SAH
S&P 600 Component
Industry Automotive
Founder O Bruton Smith
Headquarters Charlotte, North Carolina, United States
Key people
  • O Bruton Smith (Chairman of the Board, CEO)
  • B. Scott Smith (President, Chief Strategic Officer, Director)
Subsidiaries EchoPark Automotive
Website www.sonicautomotive.com

Sonic Automotive, Inc. (NYSE: SAH) is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States. The company’s founder and Executive Chairman O. Bruton Smith is also the Executive Chairman and a director of Speedway Motorsports (NYSE: TRK). Sonic ranked 297th on the 2016 Fortune 500 list. The company also is a member of the Russell 2000 index.

Sonic Automotive operates in 14 states with more than 100 dealerships representing 25 different brands of automobiles. The dealerships market new and used car, replacement parts and vehicle maintenance, as well as collision repair services.

Sonic Automotive was launched as a public company in November 1997 by O Bruton Smith. At the time, the company had 20 stores, representing 15 brands and several hundred employees. The company's founder and CEO is also the Executive Chairman and a director of Speedway Motorsports (NYSE: TRK).

Sonic ranked 287th on the 2016 Fortune 500 list. The company also is a member of the Russell 2000 Index.

Sonic Automotive owns EchoPark Automotive, a used-car dealer also based in Charlotte. EchoPark allows customers to look up competitors' prices on mobile devices located throughout the stores.

The first EchoPark location opened in the Thornton area of Denver, Colorado in 2014. Locations in Centennial, Highlands Ranch, Littleton, and Stapleton Denver were later opened along with a store in Colorado Springs. New stores are currently being built in New Braunfels and San Antonio. EchoPark facilities are LEED certified and constructed with sustainable building technologies.

EchoPark is led by the Sonic Automotive team of President and CEO Scott Smith, Vice Chairman David Smith, Executive VP of Operations Jeff Dyke and Vice President Tim Keen.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-26 Future report Set alerts
Q2 2022 2022-07-28 2.45 2.45
Q1 2022 2022-04-28 2.33 2.33
Q4 2021 2022-02-16 2.66 2.66
Q3 2021 2021-10-28 1.96 1.96
Q2 2021 2021-07-29 2.63 2.63
Q1 2021 2021-04-29 1.23 1.23
Q4 2020 2021-02-17 1.50 1.50
Q3 2020 2020-10-29 0.00 0.00
Q2 2020 2020-07-30 0.65 0.71

Ratings

2016-04-11 Initiated Coverage Jefferies Group Hold $18.00
2016-01-21 Initiated Coverage Sidoti Buy $24.00
2015-11-09 Upgrade Goldman Sachs Sell to Neutral $27.00
2015-11-09 Upgrade Goldman Sachs Group Inc. Sell to Neutral $27.00
2015-09-09 Initiated Coverage Evercore ISI Hold
2015-07-22 Upgrade Bank of America Neutral to Buy $28.00
2015-07-22 Upgrade Bank of America Corp. Neutral to Buy $28.00
2015-02-25 Upgrade Bank of America Underperform to Neutral
2014-10-09 Reiterated Rating Morgan Stanley Overweight
2014-09-29 Upgrade Morgan Stanley Underperform to Overweight $22.00 to $30.00
2014-07-22 Downgrade Bank of America Buy to Underperform $39.00 to $27.00
2014-06-20 Downgrade Goldman Sachs Neutral to Sell $23.00 to $22.00
2014-04-15 Boost Price Target Barclays $16.00 to $19.00
2013-10-22 Downgrade Stephens Overweight to Equal Weight
2011-05-24 Initiated Davenport Buy $18
2010-12-13 Downgrade UBS Buy to Neutral $13 to $14
2008-10-30 Upgrade JP Morgan Underweight to Neutral
2008-08-28 Reiterated UBS Neutral $9 to $11
2008-04-17 Downgrade UBS Buy to Neutral
2008-01-18 Initiated UBS Buy
2007-05-30 Reiterated Prudential Overweight $37 to $39
2007-02-28 Reiterated Calyon Securities Add $34 to $33
2007-01-04 Reiterated Calyon Securities Add $31 to $34
2016-04-11 Initiated Coverage Jefferies Group Hold $18.00
2016-01-21 Initiated Coverage Sidoti Buy $24.00
2015-11-09 Upgrade Goldman Sachs Sell to Neutral $27.00
2015-11-09 Upgrade Goldman Sachs Group Inc. Sell to Neutral $27.00
2015-09-09 Initiated Coverage Evercore ISI Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Rusnak Paul P. 11.56%  (4695262) SAH /
DYKE JEFF EVP of Operations 3.24%  (1316669) SAH /
SMITH O BRUTON Chairman and CEO 2.20%  (894691) SAH / TRK /
SMITH BRYAN SCOTT President and CSO 1.09%  (441038) SAH /
SMITH DAVID BRUTON Executive Vice President 0.82%  (331360) SAH /
COSPER DAVID P Vice Chairman and CFO 0.42%  (171984) SAH /
Byrd Heath EVP and CFO 0.40%  (162035) SAH /
BROOKS WILLIAM R 0.20%  (79212) SAH / TRK /
HELLER H ROBERT 0.18%  (74847) SAH /
BELK WILLIAM I 0.17%  (68847) SAH /
REWEY ROBERT L 0.12%  (47142) LOJN / SAH / TRK /
Vorhoff David C 0.09%  (35046) SAH /
TAYLOR R EUGENE 0.06%  (25605) CBF / FHN / SAH /
Harris John W. III 0.06%  (23710) SAH / SNOW /
DOOLAN VICTOR H 0.05%  (19262) SAH /
Byrd Bernard Clinton Jr 0.02%  (9456) SAH / TRK /