Sonic Automotive stock hits all-time high at 88.69 USD

Sonic Automotive Inc (NYSE:SAH). stock reached an all-time high of 88.69 USD, marking a significant milestone for the company. With a market capitalization of $2.99 billion and a P/E ratio of 12.03, InvestingPro analysis indicates the stock is currently trading slightly above its Fair Value. Over the past year, the stock has experienced a remarkable increase, with a 1-year return of 71%, complemented by impressive YTD and 6-month gains of 39%. This surge reflects strong investor confidence and positive market sentiment towards the company’s performance and future prospects. The recent high underscores Sonic Automotive’s robust growth trajectory and its ability to navigate the competitive automotive retail landscape effectively. Investors and market analysts will be closely watching to see if this upward momentum can be sustained in the coming months. For deeper insights, InvestingPro subscribers can access 14 additional exclusive tips and a comprehensive Pro Research Report on Sonic Automotive.

In other recent news, Sonic Automotive reported its first-quarter 2025 earnings with a record consolidated revenue of $3.7 billion, surpassing the expected $3.47 billion. The company achieved an adjusted earnings per share (EPS) of $1.48, slightly below the analyst forecast of $1.42. Sonic Automotive’s EchoPark segment showed robust performance with a 5% increase in retail unit sales and a significant rise in gross profit per unit. Additionally, Sonic Auto expanded its luxury footprint by acquiring four Jaguar Land Rover dealerships in California, adding approximately $500 million in annual sales. This acquisition increases Sonic Auto’s national presence to 177 franchises. Benchmark analyst Michael Albanese reiterated a Buy rating on Sonic Auto, citing the luxury mix as beneficial for the company’s used vehicle business. In corporate governance, Sonic Automotive confirmed the reelection of all nine board members and the ratification of its independent auditor during its annual stockholders meeting. The company continues to focus on strategic growth and transparency with its shareholders.

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