Sonic Automotive Stock Net Income

SAH Stock  USD 69.14  0.79  1.13%   
Sonic Automotive fundamentals help investors to digest information that contributes to Sonic Automotive's financial success or failures. It also enables traders to predict the movement of Sonic Stock. The fundamental analysis module provides a way to measure Sonic Automotive's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sonic Automotive stock.
Last ReportedProjected for Next Year
Net Income178.2 M187.1 M
Net Income Applicable To Common Shares101.8 M105.6 M
Net Loss-51.4 M-48.8 M
Net Income Per Share 5.09  5.35 
Net Income Per E B T 0.74  0.57 
As of now, Sonic Automotive's Net Income is increasing as compared to previous years. The Sonic Automotive's current Net Income Applicable To Common Shares is estimated to increase to about 105.6 M, while Net Loss is forecasted to increase to (48.8 M).
  
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Sonic Automotive Company Net Income Analysis

Sonic Automotive's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Sonic Automotive Net Income

    
  178.2 M  
Most of Sonic Automotive's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sonic Automotive is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sonic Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Sonic Automotive is extremely important. It helps to project a fair market value of Sonic Stock properly, considering its historical fundamentals such as Net Income. Since Sonic Automotive's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sonic Automotive's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sonic Automotive's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Sonic Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

1.93 Million

As of now, Sonic Automotive's Accumulated Other Comprehensive Income is increasing as compared to previous years.
Based on the recorded statements, Sonic Automotive reported net income of 178.2 M. This is 65.1% lower than that of the Specialty Retail sector and 35.9% lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 68.79% higher than that of the company.

Sonic Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sonic Automotive's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sonic Automotive could also be used in its relative valuation, which is a method of valuing Sonic Automotive by comparing valuation metrics of similar companies.
Sonic Automotive is currently under evaluation in net income category among its peers.

Sonic Automotive ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sonic Automotive's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sonic Automotive's managers, analysts, and investors.
Environmental
Governance
Social

Sonic Automotive Institutional Holders

Institutional Holdings refers to the ownership stake in Sonic Automotive that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sonic Automotive's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sonic Automotive's value.
Shares
Towle & Co2024-09-30
372.8 K
Geode Capital Management, Llc2024-09-30
333.6 K
Northern Trust Corp2024-09-30
272.9 K
Jacobs Levy Equity Management, Inc.2024-09-30
261.6 K
Bank Of New York Mellon Corp2024-06-30
253.4 K
Goldman Sachs Group Inc2024-06-30
227.2 K
Bank Of America Corp2024-06-30
182.4 K
Nuveen Asset Management, Llc2024-06-30
158.6 K
J. Goldman & Co Lp2024-09-30
130.1 K
Blackrock Inc2024-06-30
2.4 M
Dimensional Fund Advisors, Inc.2024-09-30
1.7 M

Sonic Fundamentals

About Sonic Automotive Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sonic Automotive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sonic Automotive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sonic Automotive based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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:
Check out Sonic Automotive Piotroski F Score and Sonic Automotive Altman Z Score analysis.
For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.