What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on Sonic with nine of 16 analysts rating it hold. Analysts don't like Sonic as much as competitor Carrols Restaurant Group overall. One out of one analysts rate Carrols Restaurant Group a buy compared to five of 16 for Sonic. Analysts' rating of Sonic has stayed constant from three months prior.
- Revenue Forecasts: On average, analysts predict $116.5 million in revenue this quarter. That would represent a rise of 2.6% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.02 per share. Estimates range from $0.02 to $0.03.
What our community says:
CAPS All-Stars are in strong support of the stock, with 86.7% granting it an "outperform" rating. Most of the community concurs with the All-Stars, with 88.7% awarding it a rating of "outperform." Despite the majority sentiment in favor of Sonic, the stock has a middling CAPS rating of three out of five stars.
Revenue has fallen in the past two quarters.
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