Sonic Automotive, Inc. (SAH)
NYSE: SAH · IEX Real-Time Price · USD
57.10
-1.07 (-1.84%)
At close: Jul 19, 2024, 4:00 PM
57.02
-0.08 (-0.14%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Sonic Automotive Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Sonic Automotive stock have an average target of 57, with a low estimate of 40 and a high estimate of 68. The average target predicts a decrease of -0.18% from the current stock price of 57.10.
Analyst Consensus: Buy
* Price targets were last updated on Jun 10, 2024.
Analyst Ratings
The average analyst rating for SAH stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 3 | 3 | 2 | 2 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell → Hold Upgrades $53 → $58 | Sell → Hold | Upgrades | $53 → $58 | +1.58% | Jun 10, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $48 → $53 | Sell | Maintains | $48 → $53 | -7.18% | May 2, 2024 |
| B of A Securities | B of A Securities | Sell → Strong Buy Upgrades $55 → $68 | Sell → Strong Buy | Upgrades | $55 → $68 | +19.09% | Apr 26, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $60 → $55 | Sell | Maintains | $60 → $55 | -3.68% | Feb 29, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $35 → $40 | Sell | Maintains | $35 → $40 | -29.95% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
14.46B
from 14.37B
Increased by 0.59%
Revenue Next Year
15.05B
from 14.46B
Increased by 4.08%
EPS This Year
5.93
from 4.97
Increased by 19.40%
EPS Next Year
6.35
from 5.93
Increased by 6.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.8B | 16.8B | 17.8B | 20.0B | 21.4B |
| Avg | 14.5B | 15.0B | 16.4B | 19.2B | 20.6B |
| Low | 13.8B | 14.0B | 15.2B | 18.7B | 20.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.9% | 16.3% | 18.5% | 21.9% | 11.3% |
| Avg | 0.6% | 4.1% | 9.0% | 17.3% | 7.0% |
| Low | -4.3% | -3.0% | 0.9% | 13.8% | 3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.51 | 7.14 | 8.73 | 10.14 | 12.30 |
| Avg | 5.93 | 6.35 | 8.37 | 9.76 | 11.83 |
| Low | 5.32 | 5.83 | 8.10 | 9.47 | 11.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.0% | 20.3% | 37.5% | 21.1% | 26.0% |
| Avg | 19.4% | 6.9% | 31.9% | 16.5% | 21.2% |
| Low | 7.0% | -1.7% | 27.7% | 13.1% | 17.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.