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Sonic (SONC) earnings: can the stock break out of the range?

3:07 pm ET, 25 Jun 2018

Sonic Corp. (SONC) is expected to report earnings on June 26 after market close. The report will be for the quarter ending May 2018. The shares are trading at $35.14, down -1.38%.  What are the SONC earnings expectations?  What news will the market be watching out for?

The company’s results have declined lately and investors have been unable to move the stock up for the last couple of years. The stock price has been stuck in a range.  The guidance for this year is tremendously bullish, and there is a fair amount of skepticism about the stock price and a lot of short interest.  

Sonic remains a buyback play.  The company is focused on returning capital to shareholders; it pays a decent dividend but also buys back a ton of stock.

Sonic Corp. has the history of beating analysts’ earnings estimates.  In the past four quarters, the company:

  • Beat analyst EPS estimates by 2 cents ($.43 actuals vs. $.41 forecast) in Q3’17;
  • Beat analyst EPS estimates by 2 cents ($.45 actuals vs. $.43 forecast) in Q4’17;
  • Beat analyst EPS estimates by 5 cents ($.30 actuals vs. $.25 forecast) in Q1’18;
  • Beat analyst EPS estimates by 2 cents ($.17 actuals vs. $.15 forecast) in Q2’18.

For Q3’18, EPS is expected to grow by 14% year-over-year to $.49, while revenue is expected to decline 3% year-over-year to $169 million.

Sonic Corp. (SONC) short share of float is 28.49%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock.

Sonic Corp. (SONC) average analyst price target ($28.12) is -19.98% below its current price ($35.14).

For the latest price and information on Sonic Corp., please visit Finstead and search for "SONC price" or "SONC news".

Sonic Corp. (SONC) Stock Guide

Updated at: 12:36 am ET, 14 Nov 2020

Before we start: if you're looking for SONC stock price, you can quickly find it out by visiting Finny and typing "SONC quote". If you're looking for a quick scoop on SONC stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "SONC". You'll get all this info in one place. Or you can just type "SONC news" to get the latest stock news.

Looking to buy or sell Sonic Corp. (SONC)? Interested in getting the full scoop on SONC, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this SONC stock guide, we'll address key questions about SONC, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. SONC buy or sell? What is SONC Finny Score?
2. What are the reasons to buy SONC? Why should I buy SONC stock?
3. What are the reasons to sell SONC? Why should I sell SONC stock?
4. What are SONC key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Analysis

1. SONC buy or sell? What is SONC Finny Score?

#{finnyScore:null}Our quantitative analysis shows 1 reason to buy and 1 reason to sell SONC. SONC doesn’t have an assigned Finny Score, because we don’t have sufficient data points to score the stock.

2. What are the reasons to buy SONC? Why should I buy SONC stock?

Here are the reasons to buy SONC stock:

3. What are the reasons to sell SONC? Why should I sell SONC stock?

Let's look at the reasons to sell SONC stock (i.e., the bear case):

  • SONC stock price ($43.49) is close to the 52-week high ($43.51). Perhaps now is a good time to sell? See SONC price chart.

Key Stats

4. What are SONC key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for SONC:

Metrics SONC
Price $43.48
Average Price Target / Upside N/A
Average Analyst Rating N/A
Forward Dividend Yield 0.00%
Industry Building Materials
Sector Basic Materials
Number of Employees 1,368
Market Cap N/A
Forward P/E Ratio N/A
Price/Book Ratio N/A
Revenue (TTM) N/A
YoY Quarterly Revenue Growth N/A
Profit Margin N/A

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