Sonic Automotive, Inc. (NYSE:SAH) has a mean price target of $21.25 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.67 a share for the very next quarter and $2.10 for this year.
The technical study of Sonic Automotive, Inc. Common S demonstrates that the 50-day moving average of Sonic Automotive, Inc. (NYSE:SAH) stock is $17.31, and is trading $0.07 points away or +0.39% from 50-day moving average of $17.31. It is trading $-0.34 or -1.92% away 200-day moving average of $17.72.
The 52-week high of Sonic Automotive, Inc. (NYSE:SAH) was $25.77 while $15.68 is the low mark in the same period. It state Sonic Automotive, Inc. Common S share price has to surge more than $-8.39 to hit 52-week high or drop +10.84% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Sonic Automotive, Inc. Common S, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Sonic Automotive, Inc. (NYSE:SAH) ratio came in at 8.84, after dividing current equity price by yearly earnings. Sonic Automotive, Inc. Common S stock recorded a close of $17.38 in last trading session, registering a market cap of $789.87M.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Sonic Automotive, Inc. (NYSE:SAH) PEG ratio is at 28.07.
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