Intrinsic value of Sonic Automotive Cl A - SAH

Previous Close

$17.71

  Intrinsic Value

$22.69

stock screener

  Rating & Target

buy

+28%

Previous close

$17.71

 
Intrinsic value

$22.69

 
Up/down potential

+28%

 
Rating

buy

We calculate the intrinsic value of SAH stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 0.5

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  4.20
  4.28
  4.35
  4.42
  4.48
  4.53
  4.57
  4.62
  4.66
  4.69
  4.72
  4.75
  4.77
  4.80
  4.82
  4.84
  4.85
  4.87
  4.88
  4.89
  4.90
  4.91
  4.92
  4.93
  4.94
  4.94
  4.95
  4.95
  4.96
  4.96
Revenue, $m
  10,282
  10,722
  11,188
  11,682
  12,205
  12,758
  13,342
  13,958
  14,607
  15,292
  16,014
  16,775
  17,576
  18,419
  19,306
  20,240
  21,222
  22,254
  23,340
  24,482
  25,682
  26,944
  28,270
  29,663
  31,128
  32,666
  34,283
  35,981
  37,765
  39,639
Variable operating expenses, $m
  10,032
  10,459
  10,912
  11,391
  11,898
  12,434
  13,000
  13,598
  14,228
  14,892
  15,533
  16,270
  17,047
  17,865
  18,725
  19,631
  20,583
  21,585
  22,638
  23,746
  24,910
  26,133
  27,420
  28,771
  30,191
  31,683
  33,251
  34,898
  36,629
  38,446
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  10,032
  10,459
  10,912
  11,391
  11,898
  12,434
  13,000
  13,598
  14,228
  14,892
  15,533
  16,270
  17,047
  17,865
  18,725
  19,631
  20,583
  21,585
  22,638
  23,746
  24,910
  26,133
  27,420
  28,771
  30,191
  31,683
  33,251
  34,898
  36,629
  38,446
Operating income, $m
  249
  263
  277
  291
  307
  324
  341
  360
  379
  400
  482
  505
  529
  554
  581
  609
  638
  670
  702
  737
  773
  811
  850
  892
  936
  983
  1,031
  1,082
  1,136
  1,193
EBITDA, $m
  387
  403
  421
  439
  459
  480
  502
  525
  549
  575
  602
  631
  661
  693
  726
  761
  798
  837
  878
  920
  966
  1,013
  1,063
  1,115
  1,170
  1,228
  1,289
  1,353
  1,420
  1,490
Interest expense (income), $m
  77
  137
  144
  151
  159
  167
  176
  185
  195
  205
  216
  227
  239
  252
  265
  279
  294
  309
  325
  343
  361
  380
  399
  420
  442
  466
  490
  515
  542
  570
  600
Earnings before tax, $m
  112
  119
  125
  132
  140
  148
  156
  165
  174
  184
  255
  266
  277
  289
  302
  315
  329
  344
  360
  376
  393
  411
  430
  450
  471
  493
  516
  540
  566
  593
Tax expense, $m
  30
  32
  34
  36
  38
  40
  42
  45
  47
  50
  69
  72
  75
  78
  82
  85
  89
  93
  97
  101
  106
  111
  116
  121
  127
  133
  139
  146
  153
  160
Net income, $m
  82
  87
  91
  97
  102
  108
  114
  121
  127
  135
  186
  194
  202
  211
  220
  230
  240
  251
  262
  274
  287
  300
  314
  328
  344
  360
  377
  394
  413
  433

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  3,979
  4,149
  4,330
  4,521
  4,723
  4,937
  5,163
  5,402
  5,653
  5,918
  6,198
  6,492
  6,802
  7,128
  7,471
  7,833
  8,213
  8,612
  9,033
  9,474
  9,939
  10,427
  10,940
  11,480
  12,046
  12,642
  13,267
  13,924
  14,615
  15,340
Adjusted assets (=assets-cash), $m
  3,979
  4,149
  4,330
  4,521
  4,723
  4,937
  5,163
  5,402
  5,653
  5,918
  6,198
  6,492
  6,802
  7,128
  7,471
  7,833
  8,213
  8,612
  9,033
  9,474
  9,939
  10,427
  10,940
  11,480
  12,046
  12,642
  13,267
  13,924
  14,615
  15,340
Revenue / Adjusted assets
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
  2.584
Average production assets, $m
  1,429
  1,490
  1,555
  1,624
  1,697
  1,773
  1,854
  1,940
  2,030
  2,126
  2,226
  2,332
  2,443
  2,560
  2,684
  2,813
  2,950
  3,093
  3,244
  3,403
  3,570
  3,745
  3,930
  4,123
  4,327
  4,541
  4,765
  5,001
  5,249
  5,510
Working capital, $m
  1,707
  1,780
  1,857
  1,939
  2,026
  2,118
  2,215
  2,317
  2,425
  2,539
  2,658
  2,785
  2,918
  3,058
  3,205
  3,360
  3,523
  3,694
  3,874
  4,064
  4,263
  4,473
  4,693
  4,924
  5,167
  5,423
  5,691
  5,973
  6,269
  6,580
Total debt, $m
  2,666
  2,801
  2,944
  3,096
  3,257
  3,426
  3,606
  3,795
  3,995
  4,205
  4,427
  4,661
  4,907
  5,166
  5,439
  5,725
  6,027
  6,344
  6,678
  7,029
  7,398
  7,786
  8,193
  8,621
  9,071
  9,544
  10,040
  10,562
  11,110
  11,686
Total liabilities, $m
  3,159
  3,295
  3,438
  3,590
  3,750
  3,920
  4,100
  4,289
  4,488
  4,699
  4,921
  5,155
  5,401
  5,660
  5,932
  6,219
  6,521
  6,838
  7,172
  7,523
  7,892
  8,279
  8,687
  9,115
  9,565
  10,038
  10,534
  11,056
  11,604
  12,180
Total equity, $m
  820
  855
  892
  931
  973
  1,017
  1,064
  1,113
  1,165
  1,219
  1,277
  1,337
  1,401
  1,468
  1,539
  1,614
  1,692
  1,774
  1,861
  1,952
  2,047
  2,148
  2,254
  2,365
  2,482
  2,604
  2,733
  2,868
  3,011
  3,160
Total liabilities and equity, $m
  3,979
  4,150
  4,330
  4,521
  4,723
  4,937
  5,164
  5,402
  5,653
  5,918
  6,198
  6,492
  6,802
  7,128
  7,471
  7,833
  8,213
  8,612
  9,033
  9,475
  9,939
  10,427
  10,941
  11,480
  12,047
  12,642
  13,267
  13,924
  14,615
  15,340
Debt-to-equity ratio
  3.250
  3.280
  3.300
  3.320
  3.350
  3.370
  3.390
  3.410
  3.430
  3.450
  3.470
  3.490
  3.500
  3.520
  3.530
  3.550
  3.560
  3.580
  3.590
  3.600
  3.610
  3.620
  3.640
  3.650
  3.660
  3.660
  3.670
  3.680
  3.690
  3.700
Adjusted equity ratio
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206
  0.206

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  82
  87
  91
  97
  102
  108
  114
  121
  127
  135
  186
  194
  202
  211
  220
  230
  240
  251
  262
  274
  287
  300
  314
  328
  344
  360
  377
  394
  413
  433
Depreciation, amort., depletion, $m
  137
  141
  144
  148
  152
  156
  160
  165
  170
  175
  120
  126
  132
  138
  145
  152
  159
  167
  175
  184
  193
  202
  212
  223
  234
  245
  258
  270
  284
  298
Funds from operations, $m
  219
  227
  236
  244
  254
  264
  274
  285
  297
  309
  306
  320
  334
  349
  365
  382
  400
  418
  438
  458
  480
  503
  526
  551
  578
  605
  634
  665
  697
  730
Change in working capital, $m
  69
  73
  77
  82
  87
  92
  97
  102
  108
  114
  120
  126
  133
  140
  147
  155
  163
  171
  180
  190
  199
  209
  220
  231
  243
  255
  268
  282
  296
  311
Cash from operations, $m
  150
  154
  158
  162
  167
  172
  177
  183
  189
  196
  186
  194
  201
  210
  218
  227
  237
  247
  258
  269
  281
  293
  306
  320
  335
  350
  366
  383
  401
  419
Maintenance CAPEX, $m
  -74
  -77
  -81
  -84
  -88
  -92
  -96
  -100
  -105
  -110
  -115
  -120
  -126
  -132
  -138
  -145
  -152
  -159
  -167
  -175
  -184
  -193
  -202
  -212
  -223
  -234
  -245
  -258
  -270
  -284
New CAPEX, $m
  -62
  -61
  -65
  -69
  -73
  -77
  -81
  -86
  -90
  -95
  -100
  -106
  -111
  -117
  -123
  -130
  -136
  -144
  -151
  -159
  -167
  -175
  -184
  -194
  -204
  -214
  -225
  -236
  -248
  -260
Cash from investing activities, $m
  -136
  -138
  -146
  -153
  -161
  -169
  -177
  -186
  -195
  -205
  -215
  -226
  -237
  -249
  -261
  -275
  -288
  -303
  -318
  -334
  -351
  -368
  -386
  -406
  -427
  -448
  -470
  -494
  -518
  -544
Free cash flow, $m
  14
  16
  13
  10
  7
  4
  1
  -3
  -6
  -9
  -29
  -32
  -36
  -40
  -44
  -48
  -52
  -56
  -61
  -65
  -70
  -75
  -81
  -86
  -92
  -98
  -104
  -111
  -118
  -125
Issuance/(repayment) of debt, $m
  128
  135
  143
  152
  161
  170
  179
  189
  200
  211
  222
  234
  246
  259
  273
  287
  302
  317
  334
  351
  369
  388
  407
  428
  450
  473
  497
  522
  548
  576
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  128
  135
  143
  152
  161
  170
  179
  189
  200
  211
  222
  234
  246
  259
  273
  287
  302
  317
  334
  351
  369
  388
  407
  428
  450
  473
  497
  522
  548
  576
Total cash flow (excl. dividends), $m
  142
  151
  156
  162
  167
  173
  180
  187
  194
  201
  193
  201
  210
  219
  229
  239
  250
  261
  273
  286
  299
  312
  327
  342
  358
  375
  393
  411
  430
  451
Retained Cash Flow (-), $m
  -33
  -35
  -37
  -39
  -42
  -44
  -47
  -49
  -52
  -55
  -58
  -61
  -64
  -67
  -71
  -74
  -78
  -82
  -87
  -91
  -96
  -101
  -106
  -111
  -117
  -123
  -129
  -135
  -142
  -149
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  109
  116
  119
  122
  126
  129
  133
  138
  142
  147
  135
  141
  146
  152
  158
  165
  172
  179
  187
  195
  203
  212
  221
  231
  241
  252
  264
  276
  288
  302
Discount rate, %
  11.70
  12.29
  12.90
  13.54
  14.22
  14.93
  15.68
  16.46
  17.29
  18.15
  19.06
  20.01
  21.01
  22.06
  23.17
  24.32
  25.54
  26.82
  28.16
  29.57
  31.04
  32.60
  34.23
  35.94
  37.73
  39.62
  41.60
  43.68
  45.87
  48.16
PV of cash for distribution, $m
  97
  92
  83
  73
  65
  56
  48
  41
  34
  28
  20
  16
  12
  9
  7
  5
  4
  2
  2
  1
  1
  0
  0
  0
  0
  0
  0
  0
  0
  0
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

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. The EchoPark segment consists of standalone specialty retail locations that provide customers an opportunity to search, buy, service, finance and sell pre-owned vehicles. Its franchised dealerships provide services, including sales of both new and used cars, and light trucks; sales of replacement parts and performance of vehicle maintenance, manufacturer warranty repairs, and paint and collision repair services (collectively, Fixed Operations), and arrangement of extended warranties, service contracts, financing, insurance and other aftermarket products (collectively, F&I) for its customers.

FINANCIAL RATIOS  of  Sonic Automotive Cl A (SAH)

Valuation Ratios
P/E Ratio 8.5
Price to Sales 0.1
Price to Book 1.1
Price to Tangible Book
Price to Cash Flow 3.7
Price to Free Cash Flow 79.2
Growth Rates
Sales Growth Rate 1.1%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 19.1%
Cap. Spend. - 3 Yr. Gr. Rate 5.4%
Financial Strength
Quick Ratio 0
Current Ratio 0
LT Debt to Equity 115.9%
Total Debt to Equity 332.3%
Interest Coverage 3
Management Effectiveness
Return On Assets 3.9%
Ret/ On Assets - 3 Yr. Avg. 4.1%
Return On Total Capital 3%
Ret/ On T. Cap. - 3 Yr. Avg. 3.2%
Return On Equity 12.8%
Return On Equity - 3 Yr. Avg. 13.4%
Asset Turnover 2.7
Profitability Ratios
Gross Margin 14.7%
Gross Margin - 3 Yr. Avg. 14.7%
EBITDA Margin 3.2%
EBITDA Margin - 3 Yr. Avg. 3.1%
Operating Margin 2.4%
Oper. Margin - 3 Yr. Avg. 2.4%
Pre-Tax Margin 1.6%
Pre-Tax Margin - 3 Yr. Avg. 1.6%
Net Profit Margin 1%
Net Profit Margin - 3 Yr. Avg. 1%
Effective Tax Rate 38.7%
Eff/ Tax Rate - 3 Yr. Avg. 39%
Payout Ratio 9.7%

SAH stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the SAH stock intrinsic value calculation we used $9867.208 million for the last fiscal year's total revenue generated by Sonic Automotive Cl A. The default revenue input number comes from 0001 income statement of Sonic Automotive Cl A. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our SAH stock valuation model: a) initial revenue growth rate of 4.2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 11.7%, whose default value for SAH is calculated based on our internal credit rating of Sonic Automotive Cl A, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Sonic Automotive Cl A.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of SAH stock the variable cost ratio is equal to 97.6%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for SAH stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Sonic Automotive Cl A.

Corporate tax rate of 27% is the nominal tax rate for Sonic Automotive Cl A. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the SAH stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for SAH are equal to 13.9%.

Life of production assets of 18.5 years is the average useful life of capital assets used in Sonic Automotive Cl A operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for SAH is equal to 16.6%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $786.76 million for Sonic Automotive Cl A - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 30.682 million for Sonic Automotive Cl A is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Sonic Automotive Cl A at the current share price and the inputted number of shares is $0.5 billion.

RELATED COMPANIES Price Int.Val. Rating
LAD Lithia Motors 83.66 108.04  buy
GPI Group 1 Automo 57.15 116.17  buy
AN AutoNation 38.57 114.15  str.buy
ABG Asbury Automot 68.66 87.62  hold
PAG Penske Automot 44.07 54.41  hold
RUSHA Rush Enterpris 37.39 52.65  buy

COMPANY NEWS

▶ Sonic Automotive talks EchoPark but not recent CEO departure   [Oct-26-18 11:51AM  American City Business Journals]
▶ Sonic Automotive: 3Q Earnings Snapshot   [08:37AM  Associated Press]
▶ Charlotte-based Sonic Automotive sees boom in EchoPark sales   [Jul-27-18 03:04PM  American City Business Journals]
▶ Sonic Automotive's Earnings Outlook   [Jul-26-18 02:40PM  Benzinga]
▶ 5 Retail Stocks to Take Center Stage as Sales Pop Up Again   [Jul-20-18 12:56PM  InvestorPlace]
▶ After-hours buzz: SAH, CSX & more   [Jul-17-18 05:49PM  CNBC]
▶ At US$023.35, Is Sonic Automotive Inc (NYSE:SAH) A Buy?   [Jun-26-18 12:03PM  Simply Wall St.]
▶ Leslie Doggett Buys Lone Star Ford   [May-03-18 03:32PM  PR Newswire]
▶ Houston private co. buys Ford dealership from Sonic Automotive   [May-02-18 09:06AM  American City Business Journals]
▶ Sonic Automotive: 1Q Earnings Snapshot   [09:09AM  Associated Press]
▶ New Strong Buy Stocks for March 1st   [Mar-01-18 10:35AM  Zacks]
▶ Sonic Automotive touts record sales, eyes EchoPark openings in Charlotte   [Feb-27-18 04:30PM  American City Business Journals]
▶ Sonic Automotive beats 4Q profit forecasts   [10:06AM  Associated Press]
▶ What Is Sonic Automotive Incs (NYSE:SAH) Share Price Doing?   [Dec-21-17 04:25PM  Simply Wall St.]
▶ Sonic Automotive closes on Independence Boulevard site for used-car concept   [Nov-03-17 02:40PM  American City Business Journals]
▶ Sonic Automotive sees quick sales rebound in hurricane-ravaged markets   [Oct-24-17 04:55PM  American City Business Journals]
▶ Sonic Automotive meets 3Q profit forecasts   [07:47AM  Associated Press]
▶ Harvey and Irma to deal blow to Sonics Q3 earnings   [Oct-12-17 11:10AM  American City Business Journals]
▶ Sonic Automotive, Inc. -- Hurricane And Earnings Update   [Oct-11-17 04:30PM  PR Newswire]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.