Sonic Automotive Slumps: SAH Falls 5.8% in Session - Tale of the Tape

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Sonic Automotive, Inc. ( SAH ) saw a big move last session, as the company's shares fell by nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for SAH, as the stock is now down 10.7% since July 3. 


The automotive retailer has seen a flat track record when it comes to current year estimate revisions over the past few weeks , and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.


SAH currently has a Zacks Rank #3 (Hold) while its  Earnings ESP  is positive.


Some better-ranked stocks in the Retail/Wholesale Auto/Truck industry include Lithia Motors Inc. ( LAD ), Rush Enterprises, Inc. ( RUSHA ), and Asbury Automotive Group, Inc. ( ABG ). While Lithia Motors and Rush Enterprises sport a Zacks Rank #1 (Strong Buy), Asbury Automotive holds a Zacks Rank #2 (Buy).  


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SONIC AUTOMOTVE (SAH): Free Stock Analysis Report

LITHIA MOTORS (LAD): Free Stock Analysis Report

RUSH ENTRPRS-A (RUSHA): Free Stock Analysis Report

ASBURY AUTO GRP (ABG): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: SAH , LAD , RUSHA , ABG

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