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Monro has performed exceptionally well compared to the broader market in recent months. The company has been supported by somewhat mixed but mostly favorable performance and its low trading multiples. In all, the company still seems to offer some upside potential from here moving ...
Morgan Stanley analyst Adam Jonas lowered the firm's price target on Sonic Automotive ( SAH ) to $33 from $40 and keeps an Underweight rating on the shares. He is making "material cuts" to forecasts across his autos and shared mobility coverage, particularly in FY23, to reflect sl...
Morgan Stanley slashed estimates across the automobile industry to adjust for slowing growth and credit headwinds. The top line estimate cuts of 5% to 10% across its coverage and EBITDA cuts in the order of 5% to +15% place the MS forecasts below the consensus expectations ahead of ...
Penske Automotive Group continues to significantly outperform the broader market. This comes as financial performance at the business remains robust, even though fears about the economy persist. Relative to similar firms, Penske does look pricey, but that doesn't change the fact t...
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The Dividend Champions list is a monthly...
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) ( NYSE:SAH ), one of the nation’s largest automotive retailers, today announced it will release fiscal 2022 second quarter financial results on Thursday, July...
Automotive Dealership Celebrates Completion of Student-Inspired Exterior Wall Mural EchoPark Automotive Tampa's new student-inspired exterior wall mural is already proving to be a positive addition to the surrounding community. The design of the recently completed mural cele...
Please see the statement below from David Smith, CEO of Sonic Automotive, Inc. (“Sonic'' or the “Company”) ( NYSE:SAH ), on the passing of the Company’s founder and executive chairman Bruton Smith. “Yesterday, our company’s founder, ...
Smith had trailblazing careers in motorsports, philanthropy and automotive retail, serving as Founder and Executive Chairman of Sonic Automotive, Speedway Motorsports and Speedway Children’s Charities Click here for high-resolution photos of Bruton Smith through the y...
Group 1 Automotive has been hit alongside most other stocks on the market in recent months. Although the industry could see weakness in the event of a recession, shares are priced at incredibly low levels, and performance remains strong. The market is ignoring what is one of the m...
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Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) ( NYSE:SAH ), one of the nation’s largest automotive retailers, today announced it will release fiscal 2024 second quarter financial results on Monday, August 5, 2024 by ...
2024-06-09 08:04:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-18 16:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...