Sonic Reports Fourth Fiscal Quarter and Fiscal 2016 Results

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Stephens Downgrades Sonic (SONC) to Equal Weight

October 25, 2016 9:13 AM EDT

Stephens downgraded Sonic (NASDAQ: SONC) from Overweight to Equal Weight with a price target of $26.00 (from $32.00).

For an analyst ratings summary and ratings history on Sonic click here. For more ratings news on Sonic click here.

Shares of Sonic closed at $26.49 yesterday.

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Jefferies Cuts Price Target on Sonic Corp (SONC) to $26 Following 4Q

October 25, 2016 7:42 AM EDT

Jefferies maintained a Hold rating on Sonic Corp (NASDAQ: SONC), and cut the price target to $26.00 (from $28.00), following the company's 4Q earnings report. The company did not provide intra-quarter SSS trends, guesses based on commentary during the conference call is that QTD... More

Sonic Corp (SONC) Tops Q4 EPS by 1c, Offers FY17 Outlook

October 24, 2016 4:14 PM EDT

Sonic Corp (NASDAQ: SONC) reported Q4 EPS of $0.45, $0.01 better than the analyst estimate of $0.44. Revenue for the quarter came in at $162.1 million versus the consensus estimate of $167.15 million.

System same-store sales decreased 2.0%

Fiscal Year 2017 Outlook

While the macroeconomic environment may impact results,... More