Analysts await Sonic Corp. (NASDAQ:SONC) to report earnings on Mar, 27 for the fiscal quarter ending Feb 2018.
They expect $0.15 EPS, up 0% or $0 from last year’s $0.15 per share.
At the moment 18 analysts are watching Sonic Corp. (NASDAQ:SONC), 4 rate it “Buy”, 1 “Outperform”, 11 “Underperform”, 2 “Sell”, while 0 “Hold”.
Looking forward, for the quarter ending Nov-18, 8 analysts have a mean sales target of 107.44 million. For the quarter ending Feb-18, 15 analysts have a mean sales target of 94.31 million whilst for the year ending Aug-18, 17 analysts have a mean target of 449.17 million.
In terms of earnings per share, 10 analysts have a 0.32 EPS mean target for the quarter ending Nov-18, for the quarter ending Feb-18, 17 analysts have a 0.16 EPS mean target and for the quarter ending Feb-18 there are 18 estimates of 1.52 EPS.
The biggest institutional shareholders in Sonic Corp. include Southeastern Asset Management Inc. which owns 6 million shares in the company valued at $164.27 million. T. Rowe Price Associates, Inc. is the second biggest holder with 5 million shares currently valued at 134.57 million whilst Vanguard Group Inc has 4 million shares valued at 92.14 million.
Total shares held by institutions as of the most recent company filings are 37,769,069 with a reported 1,665,901 bought and 2,306,261 sold. These holdings make up 96.76% of the company’s outstanding shares.
Currently insiders hold 2,225,819 shares in the business which makes up 5.79% of shares. The biggest holder currently is Mr. Frank E. Richardson,III who owns 1,058,029 shares (2.75% of those outstanding), whilst W. Scott Mclain holds 180,290 (0.47% of shares outstanding) and Rainbolt H E Gene holds 144,845 (0.38% of shares outstanding).
The stock increased or $0 during the last trading session, hitting $.