Seeking Alpha

Scott Wachsler's  Instablog

Scott Wachsler
Send Message
I manage Wax, a baseline equity research company comprised of individual investors not licensed or registered with any government agency. I have been all cap value investor and independent equity researcher for the past 30 years, and believe that patience is the key to successful... More
My company:
Wax Ink
My blog:
Wax Ink
  • Sonic Automotive, Inc. - Value Alert 0 comments
    Jun 21, 2013 5:11 AM | about stocks: SAH

    Texas (June 21, 2013) Wax Ink has issued a No Investment Interest rating for Sonic Automotive, Inc. (NYSE: SAH) based on a recent baseline equity review which placed fair value between $26-$32.

    The recent close of $20.87 is approximately 33% above the fair value buy target for the stock and approximately 35% below the fair value close target for the stock. The recent close is also 23% below analysts' twelve-month $27.00 median price target for the stock.

    The recent close represents a 0.0% increase in price since the last baseline equity review was conducted in June of 2013.

    The stock currently has a trailing twelve-month PE Ratio of 7, and a PEG Ratio of 0.4 basis estimated forward earnings growth of 16.5%.

    In the past 52 weeks, share prices have moved between a high of $25.51 and a low of $11.88, placing equilibrium at $21.96.

    Basis the recent close, the stock is trading 22% below the 52 week high, 43% above the 52 week low, 5% below equilibrium, and has an average daily trading volume of approximately 353 thousand shares.

    Sonic Automotive, Inc. operates as an automotive retailer in the United States.

    The company's competitors include AutoNation, Inc., CarMax, Inc., and Penske Automotive Group, Inc..

    Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012. All prices are per share unless otherwise noted.

    Wax Ink currently has no investment position in the company mentioned in this alert.

    Wax Ink is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.

    For use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: Value Analysis Stocks: SAH
Back To Scott Wachsler's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.