Ollen Smith - Sonic Automotive Executive Chairman of the Board

SAH Stock  USD 69.32  0.18  0.26%   

Chairman

Mr. Ollen Bruton Smith is Executive Chairman of the Board of the Company. Prior to his appointment as Executive Chairman, Mr. Smith had served as Chairman and Chief Executive Officer of the Company since its organization in January 1997. Mr. Smith has also served as a director of Sonic since its organization in January 1997. Mr. Smith is also a director of many of Sonics subsidiaries. Mr. Smith has worked in the retail automobile industry since 1966 since 2015.
Age 94
Tenure 9 years
Address 4401 Colwick Road, Charlotte, NC, United States, 28211
Phone704 566 2400
Webhttps://www.sonicautomotive.com
Smith is also the Executive Chairman and a director of Speedway Motorsports, Inc., which is controlled by Mr. Smith and his family. SMI is a public company whose shares are traded on the New York Stock Exchange . Among other things, SMI owns and operates the following speedways: Atlanta Motor Speedway, Bristol Motor Speedway, Charlotte Motor Speedway, Kentucky Speedway, Las Vegas Motor Speedway, New Hampshire Motor Speedway, Sonoma Raceway and Texas Motor Speedway. He is also a director of most of SMI’s operating subsidiaries.

Sonic Automotive Management Efficiency

The company has Return on Asset of 0.0531 % which means that on every $100 spent on assets, it made $0.0531 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2094 %, implying that it generated $0.2094 on every 100 dollars invested. Sonic Automotive's management efficiency ratios could be used to measure how well Sonic Automotive manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Sonic Automotive's Return On Capital Employed is decreasing as compared to previous years. The Sonic Automotive's current Return On Assets is estimated to increase to 0.03, while Return On Tangible Assets are projected to decrease to 0.03. As of now, Sonic Automotive's Return On Assets are increasing as compared to previous years. The Sonic Automotive's current Asset Turnover is estimated to increase to 3.04, while Total Assets are projected to decrease to under 3.1 B.
Sonic Automotive has 3.86 B in debt with debt to equity (D/E) ratio of 2.8, meaning that the company heavily relies on borrowing funds for operations. Sonic Automotive has a current ratio of 1.0, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Sonic to invest in growth at high rates of return.

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Sonic Automotive, Inc. operates as an automotive retailer in the United States. Sonic Automotive, Inc. was incorporated in 1997 and is based in Charlotte, North Carolina. Sonic Automotive operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 10200 people. Sonic Automotive (SAH) is traded on New York Stock Exchange in USA. It is located in 4401 Colwick Road, Charlotte, NC, United States, 28211 and employs 10,500 people. Sonic Automotive is listed under Automotive Retail category by Fama And French industry classification.

Management Performance

Sonic Automotive Leadership Team

Elected by the shareholders, the Sonic Automotive's board of directors comprises two types of representatives: Sonic Automotive inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sonic. The board's role is to monitor Sonic Automotive's management team and ensure that shareholders' interests are well served. Sonic Automotive's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sonic Automotive's outside directors are responsible for providing unbiased perspectives on the board's policies.
Steve Wittman, Chief Digital Retail Officer
Marti Eulberg, Chief Creative Officer
Keri Kaiser, Independent Director
William Brooks, Director
Stephen Coss, General VP
Thomas Keen, Chief Operating Officer - Echo Park Automotive
Heath Byrd, Executive Vice President, Chief Financial Officer
Dino Bernacchi, Chief Marketing Officer
Michael Hodge, Director
David Smith, Chief Executive Officer, Executive Vice Chairman of the Board
R Taylor, Independent Director
Stephen Conrad, Vice President - eCommerce
Danny Wieland, IR Contact Officer
Victor Doolan, Independent Director
Robert Heller, Independent Director
Toni Ortiz, Senior Controller
John Harris, Independent Director
Ollen Smith, Executive Chairman of the Board
Stephen Carvelli, Chief Technology Officer
Scott Smith, Co-Founder, CEO and President and Director
Marcus Smith, Director
Rachel Richards, Chief VP
Frank Dyke, Executive Vice President - Operations
Jeff Dyke, Executive Vice President - Operations
Thien Truong, Chief Revenue Officer
William Belk, Lead Independent Director
Harry Harden, Chief Officer

Sonic Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Sonic Automotive a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Sonic Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonic Automotive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonic Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonic Automotive Stock:
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Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonic Automotive. If investors know Sonic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonic Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.109
Dividend Share
1.2
Earnings Share
5.64
Revenue Per Share
409.817
Quarterly Revenue Growth
(0.04)
The market value of Sonic Automotive is measured differently than its book value, which is the value of Sonic that is recorded on the company's balance sheet. Investors also form their own opinion of Sonic Automotive's value that differs from its market value or its book value, called intrinsic value, which is Sonic Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonic Automotive's market value can be influenced by many factors that don't directly affect Sonic Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonic Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonic Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonic Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.