Sonic Automotive, Inc. (SAH)
NYSE: SAH · IEX Real-Time Price · USD
58.28
-0.71 (-1.20%)
May 20, 2024, 11:06 AM EDT - Market open
Sonic Automotive Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Sonic Automotive stock have an average target of 50.6, with a low estimate of 30 and a high estimate of 68. The average target predicts a decrease of -13.18% from the current stock price of 58.28.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SAH stock from 5 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 2 | 2 | 3 | 3 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell Maintains $48 → $53 | Sell | Maintains | $48 → $53 | -9.06% | May 2, 2024 |
| B of A Securities | B of A Securities | Sell → Strong Buy Upgrades $55 → $68 | Sell → Strong Buy | Upgrades | $55 → $68 | +16.68% | Apr 26, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $60 → $55 | Sell | Maintains | $60 → $55 | -5.63% | Feb 29, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $35 → $40 | Sell | Maintains | $35 → $40 | -31.37% | Feb 29, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $58 → $62 | Strong Buy | Maintains | $58 → $62 | +6.38% | Oct 31, 2023 |
Financial Forecast
Revenue This Year
14.58B
from 14.37B
Increased by 1.47%
Revenue Next Year
15.19B
from 14.58B
Increased by 4.13%
EPS This Year
5.96
from 4.97
Increased by 19.89%
EPS Next Year
6.49
from 5.96
Increased by 8.88%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.9B | 16.9B | 17.8B | 20.0B | 21.4B |
| Avg | 14.6B | 15.2B | 16.4B | 19.2B | 20.6B |
| Low | 13.7B | 14.2B | 15.2B | 18.7B | 20.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.5% | 16.0% | 17.4% | 21.8% | 11.3% |
| Avg | 1.5% | 4.1% | 8.1% | 17.1% | 7.0% |
| Low | -4.3% | -2.8% | 0.3% | 13.7% | 3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.77 | 7.44 | 8.80 | 10.14 | 12.30 |
| Avg | 5.96 | 6.49 | 8.43 | 9.76 | 11.83 |
| Low | 5.01 | 5.88 | 8.15 | 9.47 | 11.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.3% | 24.9% | 35.6% | 20.3% | 26.0% |
| Avg | 19.9% | 8.9% | 30.0% | 15.7% | 21.2% |
| Low | 0.7% | -1.3% | 25.7% | 12.3% | 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.