Kerrigan Advisors Represents Bohn Brothers Automotive Group in Sale of Audi New Orleans to Sonic Automotive
SAH Stock | USD 63.59 0.77 1.20% |
Under 55% of Sonic Automotive's investor base is interested to short. The analysis of current outlook of investing in Sonic Automotive suggests that many traders are impartial regarding Sonic Automotive's prospects. Sonic Automotive's investing sentiment shows overall attitude of investors towards Sonic Automotive.
Sonic |
NEW ORLEANS, December 13, 2024--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented New Orleans-based Bohn Brothers Automotive Group in the sale of its Audi New Orleans dealership, the 1 Audi dealership in Louisiana, to Charlotte, NC-based Sonic Automotive Group , one of the largest automotive retailers in the United States.
Read at finance.yahoo.com
Sonic Automotive Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Sonic Automotive can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
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Sonic Automotive Fundamental Analysis
We 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.
Target Price
Target Price Comparative Analysis
Sonic Automotive is currently under evaluation in target price category among its peers.
Sonic Automotive Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sonic Automotive stock to make a market-neutral strategy. 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 with similar companies.
Peers
Sonic Automotive Related Equities
JL | J Long | 2.53 | ||||
LB | LandBridge Company | 1.73 | ||||
FL | Foot Locker | 0.09 | ||||
HD | Home Depot | 0.58 | ||||
W | Wayfair | 1.91 | ||||
M | Macys | 3.09 | ||||
DIBS | 1StdibsCom | 3.15 | ||||
JD | JD | 3.18 | ||||
BQ | Boqii Holding | 8.11 |
Complementary Tools for Sonic Stock analysis
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