Analyst Ratings for Sonic Corp. (SONC)

Updated: 2017-07-27

Shares of Sonic Corp. (NASDAQ:SONC) have received a consensus rating of Hold from Wall Street analysts. Last month, SONC received an average rating of Hold.

Of the 17 analysts covering the stock, 5 gave it a buy rating, 0 gave an overweight rating, 10 gave a hold rating, 1 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 1.

A number of analysts gave price targets for SONC. The highest price target was 32, implying a possible profit of 32.01 percent. The minimum price target given was 24, which equates to a potential downside of -0.99 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.14 percent. That number becomes -5.48 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.8 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of SONC to grow at a rate of -18.34 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SONC is -0.88.

SONC has traded between a high of 30.05 and a low of 21.12 over the past year. Currently the stock is 14.77 percent higher than its low, and 19.33 percent lower than its 52-week high. SONC has a P/E ratio of 16.16. Investors typically compare the P/E ratio to a company's peers in the industry. The SONC value stock report compares SONC to some of its peers using value stock charts. The market cap of SONC is $1.02 billion. SONC will post this quarters earnings in days, on 0000-00-00.