Sonic Automotive Says CDK Global Notified Its Dealership Customers CDK Suspended Some Systems, Including Systems Used By Co, Due To Cybersecurity Incident; Experienced Disruptions To Its Dealer Management System Hosted By CDK
-SEC Filing
-SEC Filing
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/12/2024 | $64.00 | Equal-Weight | Stephens |
8/20/2024 | $73.00 | Buy | Needham |
8/6/2024 | $58.00 → $63.00 | Neutral → Overweight | JP Morgan |
6/10/2024 | $53.00 → $58.00 | Underweight → Neutral | JP Morgan |
4/26/2024 | $55.00 → $68.00 | Underperform → Buy | BofA Securities |
10/31/2023 | $50.00 | Neutral → Underweight | JP Morgan |
2/21/2023 | $60.00 → $55.00 | Overweight → Neutral | JP Morgan |
10/6/2022 | $60.00 | Neutral → Overweight | JP Morgan |
4 - SONIC AUTOMOTIVE INC (0001043509) (Issuer)
4 - SONIC AUTOMOTIVE INC (0001043509) (Issuer)
4 - SONIC AUTOMOTIVE INC (0001043509) (Issuer)
10-Q - SONIC AUTOMOTIVE INC (0001043509) (Filer)
8-K/A - SONIC AUTOMOTIVE INC (0001043509) (Filer)
8-K - SONIC AUTOMOTIVE INC (0001043509) (Filer)
EchoPark Reported Record Second Quarter Adjusted EBITDA* The CDK Global Software Outage Is Estimated To Have Reduced Second Quarter GAAP Income Before Taxes By Approximately $30.0 Million, Or $0.64 In GAAP Diluted Earnings Per Share Sonic Automotive, Inc. ("Sonic Automotive," "Sonic," the "Company," "we" "us" or "our") ((SAH), one of the nation's largest automotive retailers, today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Summary Total revenues of $3.5 billion, down 5% year-over-year; total gross profit of $539.1 million, down 5% year-over-year Reported net income of $41.2 million, up 76% year-over-year ($1.18 earnings
Sonic Automotive, Inc. ("Sonic Automotive" or "Sonic" or the "Company") ((SAH), one of the nation's largest automotive retailers, today announced it will release fiscal 2024 second quarter financial results on Monday, August 5, 2024 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 10:00 A.M. (Eastern). Investor presentation and earnings press release materials will be accessible beginning the morning of the conference call on the Company's website at ir.sonicautomotive.com. To access the live webcast of the conference call, please go to ir.sonicautomotive.com and select the webcast link at the top of the page. To dial in to the conference cal
EchoPark Segment Achieved All-Time Record Quarterly Adjusted EBITDA* in the First Quarter of 2024, Exceeding Previously Stated Target of Breakeven Adjusted EBITDA* in the First Quarter Sonic Automotive, Inc. ("Sonic Automotive," "Sonic," the "Company," "we," "us" or "our") ((SAH), one of the nation's largest automotive retailers, today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Summary Total revenues of $3.4 billion, down 3% year-over-year; total gross profit of $536.2 million, down 3% year-over-year Reported net income of $42.0 million, down 12% year-over-year ($1.20 earnings per diluted share, down 7% year-over-year) Rep
Stephens initiated coverage of Sonic Automotive with a rating of Equal-Weight and set a new price target of $64.00
Needham initiated coverage of Sonic Automotive with a rating of Buy and set a new price target of $73.00
JP Morgan upgraded Sonic Automotive from Neutral to Overweight and set a new price target of $63.00 from $58.00 previously
SC 13G/A - SONIC AUTOMOTIVE INC (0001043509) (Subject)
SC 13G/A - SONIC AUTOMOTIVE INC (0001043509) (Subject)
SC 13G/A - SONIC AUTOMOTIVE INC (0001043509) (Subject)
4 analysts have expressed a variety of opinions on Sonic Automotive (NYSE:SAH) over the past quarter, offering a diverse set of opinions from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 1 1 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 1 0 0 1 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $61.5, a high estimate of $68.00, and a low estimate of $53.00. Marking an increase of 9.82%
B of A Securities analyst John Murphy maintains Sonic Automotive (NYSE:SAH) with a Buy and lowers the price target from $68 to $67.
With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Greenbrier Companies, Inc. (NYSE:GBX) to report quarterly earnings at $1.14 per share on revenue of $928.73 million before the opening bell. Greenbrier shares gained 0.72% to $48.91 in the after-hours trading session. Nature Wood Group Limited (NASDAQ:NWGL) said Jianjun Zeng is stepping down as CEO due to health reasons. The company named Hubei Song as its new CEO. Nature Wood Group shares gained 2% to $2.03 in after-hours trading. Fortress Biotech, Inc. (NASDAQ:FBIO) reported a pause in the payment of dividends on its 9.375% Se
EchoPark Reported Record Second Quarter Adjusted EBITDA* The CDK Global Software Outage Is Estimated To Have Reduced Second Quarter GAAP Income Before Taxes By Approximately $30.0 Million, Or $0.64 In GAAP Diluted Earnings Per Share Sonic Automotive, Inc. ("Sonic Automotive," "Sonic," the "Company," "we" "us" or "our") ((SAH), one of the nation's largest automotive retailers, today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Summary Total revenues of $3.5 billion, down 5% year-over-year; total gross profit of $539.1 million, down 5% year-over-year Reported net income of $41.2 million, up 76% year-over-year ($1.18 earnings
Sonic Automotive, Inc. ("Sonic Automotive" or "Sonic" or the "Company") ((SAH), one of the nation's largest automotive retailers, today announced it will release fiscal 2024 second quarter financial results on Monday, August 5, 2024 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 10:00 A.M. (Eastern). Investor presentation and earnings press release materials will be accessible beginning the morning of the conference call on the Company's website at ir.sonicautomotive.com. To access the live webcast of the conference call, please go to ir.sonicautomotive.com and select the webcast link at the top of the page. To dial in to the conference cal
Rachel Richards Retires After a Distinguished 40-Year Career in the Automotive Industry Sonic Automotive, Inc. ("Sonic'' or the "Company") ((SAH), a Fortune 500 Company and one of the nation's largest automotive and powersports retailers, today announced the retirement of Rachel Richards as the company's Chief Marketing Officer (CMO). Dino Bernacchi will be promoted to Chief Marketing Officer of the company effective May 1, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240430693488/en/Rachel Richards, Sonic Automotive, Inc. (Photo: Business Wire) Rachel Richards joined Sonic Automotive in 2006 as the company's Vice Pres
Rachel Richards Retires After a Distinguished 40-Year Career in the Automotive Industry Sonic Automotive, Inc. ("Sonic'' or the "Company") ((SAH), a Fortune 500 Company and one of the nation's largest automotive and powersports retailers, today announced the retirement of Rachel Richards as the company's Chief Marketing Officer (CMO). Dino Bernacchi will be promoted to Chief Marketing Officer of the company effective May 1, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240430693488/en/Rachel Richards, Sonic Automotive, Inc. (Photo: Business Wire) Rachel Richards joined Sonic Automotive in 2006 as the company's Vice Pres
Carvelli Appointed as First CTO of Sonic Automotive and EchoPark Automotive Sonic Automotive, Inc. ("Sonic Automotive" or "Sonic" or the "Company") ((SAH), a Fortune 500 company and one of the nation's largest automotive retailers, today announced the appointment of Stephen Carvelli as Chief Technology Officer of Sonic Automotive and EchoPark Automotive, a subsidiary of Sonic Automotive. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220322005129/en/Stephen Carvelli CTO, Sonic Automotive (Photo: Business Wire) Carvelli joins the company after most recently serving as the Vice President of Software Development Engineering for Com
Dino Bernacchi Appointed as First CMO of EchoPark Automotive as Nationwide Expansion Continues Sonic Automotive, Inc. ("Sonic Automotive" or "Sonic" or the "Company") ((SAH), a Fortune 500 company and one of the nation's largest automotive retailers, today announced the appointment of Dino Bernacchi as Chief Marketing Officer of EchoPark Automotive, the Company's growing nationwide pre-owned vehicle segment, effective October 4, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211004005256/en/Dino Bernacchi (Photo: Business Wire) Bernacchi joins EchoPark Automotive after most recently serving as the Senior Vice President of