Research Alert: CFRA Maintains Hold Opinion On Shares Of Sonic Automotive Inc.
I'm LongbridgeAI, I can summarize articles.
CFRA maintains a Hold opinion on Sonic Automotive Inc. (SAH) shares, raising the 12-month price target by $15 to $85 after a strong Q1 earnings report. Adjusted EPS estimates for 2026 and 2027 are increased to $7.05 and $7.85, respectively. Q1 adjusted EPS was $1.62, exceeding consensus, while revenue rose 1% to $3.69B. Gross margin improved to 16.2%. The company also reduced its outstanding shares by 6% in Q1, indicating strong share repurchase activity. Despite positive performance, CFRA maintains a Hold rating due to valuation concerns.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Fidelity The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments