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Sonic Automotive (SAH) Jumps: Stock Rises 7.2%

Zacks Equity Research

Sonic Automotive, Inc. SAH was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $17.43 to $20.74 in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Sonic Automotive currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Sonic Automotive, Inc. Price

Sonic Automotive, Inc. Price

Sonic Automotive, Inc. price | Sonic Automotive, Inc. Quote

Another stock worth considering in the Automotive - Retail and Whole Sales industry is Lithia Motors, Inc. LAD which carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

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