$0.25 EPS Expected for Sonic Corp. (SONC); Northrop Grumman (NOC) Had 9 Bullish Analysts

December 7, 2017 - By Henry Gaston

Analysts expect Sonic Corp. (NASDAQ:SONC) to report $0.25 EPS on January, 3.They anticipate $0.01 EPS change or 4.17% from last quarter’s $0.24 EPS. SONC’s profit would be $10.06 million giving it 27.23

P/E if the $0.25 EPS is correct. After having $0.45 EPS previously, Sonic Corp.’s analysts see -44.44% EPS growth. The stock decreased 0.37% or $0.1 during the last trading session, reaching $27.23. About 595,772 shares traded. Sonic Corp. (NASDAQ:SONC) has declined 5.36% since December 7, 2016 and is downtrending. It has underperformed by 22.06% the S&P500.

Among 16 analysts covering Northrop Grumman (NYSE:NOC), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Northrop Grumman had 49 analyst reports since July 30, 2015 according to SRatingsIntel. Cowen & Co maintained Northrop Grumman Corporation (NYSE:NOC) rating on Thursday, October 19. Cowen & Co has “Hold” rating and $275.0 target. RBC Capital Markets maintained Northrop Grumman Corporation (NYSE:NOC) on Friday, September 29 with “Buy” rating. The firm has “Buy” rating by Argus Research given on Friday, August 4. As per Wednesday, June 21, the company rating was maintained by Jefferies. Robert W. Baird initiated it with “Outperform” rating and $260 target in Thursday, October 6 report. The rating was maintained by Cowen & Co on Wednesday, August 23 with “Hold”. As per Friday, October 27, the company rating was maintained by Bank of America. RBC Capital Markets maintained the shares of NOC in report on Wednesday, November 15 with “Buy” rating. As per Thursday, November 12, the company rating was maintained by Argus Research. RBC Capital Markets initiated it with “Outperform” rating and $268 target in Thursday, January 12 report. See Northrop Grumman Corporation (NYSE:NOC) latest ratings:

15/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $374.0 Maintain
13/11/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $293 New Target: $319 Maintain
27/10/2017 Broker: Bank of America Rating: Buy New Target: $350.0 Maintain
27/10/2017 Broker: Stifel Nicolaus Rating: Hold Old Target: $255 New Target: $300 Maintain
26/10/2017 Broker: Goldman Sachs Rating: Buy New Target: $320.0
26/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $347.0 Maintain
26/10/2017 Broker: Cowen & Co Rating: Market Perform Old Target: $275 New Target: $300 Maintain
19/10/2017 Broker: Cowen & Co Rating: Hold New Target: $275.0 Maintain
08/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $324.0 Maintain
29/09/2017 Broker: Jefferies Rating: Hold New Target: $269.0 Maintain

Investors sentiment increased to 0.94 in Q2 2017. Its up 0.03, from 0.91 in 2017Q1. It is positive, as 23 investors sold Sonic Corp. shares while 56 reduced holdings. 31 funds opened positions while 43 raised stakes. 47.84 million shares or 1.89% more from 46.95 million shares in 2017Q1 were reported. Nationwide Fund Advsrs holds 23,187 shares. 1.08M are held by State Street Corp. State Of Alaska Department Of Revenue owns 8,378 shares or 0.02% of their US portfolio. American Group Inc owns 30,951 shares for 0% of their portfolio. Ubs Asset Mngmt Americas, a Illinois-based fund reported 420,125 shares. Ls Inv Limited Liability reported 0% of its portfolio in Sonic Corp. (NASDAQ:SONC). Bnp Paribas Arbitrage invested 0% of its portfolio in Sonic Corp. (NASDAQ:SONC). Great Lakes Advsrs Ltd holds 129,676 shares. 163,154 are owned by Morgan Stanley. Geode Cap Mgmt Llc holds 0% in Sonic Corp. (NASDAQ:SONC) or 376,908 shares. Laurion Capital Mngmt Lp stated it has 109,400 shares or 0.02% of all its holdings. Credit Suisse Ag owns 41,468 shares. Delaware-based Dupont Cap Mgmt has invested 0.03% in Sonic Corp. (NASDAQ:SONC). Bluefin Trading Lc accumulated 11,000 shares or 0.03% of the stock. 398,304 were reported by Ahl Partners Limited Liability Partnership.

Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in the United States. The company has market cap of $1.10 billion. As of August 31, 2016, the firm operated 3,557 Sonic Drive-Ins in 45 states, of which 345 were owned and operated by the firm and 3,212 were owned and operated by franchisees. It has a 18.78 P/E ratio. It also leases real estate properties to franchisees.

Among 16 analysts covering Sonic (NASDAQ:SONC), 6 have Buy rating, 2 Sell and 8 Hold. Therefore 38% are positive. Sonic had 39 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Hold” rating by Deutsche Bank given on Wednesday, March 30. The firm has “Hold” rating by Zacks given on Tuesday, August 25. On Friday, June 24 the stock rating was maintained by Bank of America with “Buy”. Jefferies maintained Sonic Corp. (NASDAQ:SONC) on Tuesday, October 10 with “Hold” rating. The rating was upgraded by Longbow to “Buy” on Monday, September 21. Telsey Advisory Group maintained the stock with “Outperform” rating in Tuesday, October 20 report. The firm earned “Hold” rating on Wednesday, March 30 by Jefferies. Barclays Capital maintained Sonic Corp. (NASDAQ:SONC) on Wednesday, September 28 with “Underweight” rating. The firm earned “Outperform” rating on Wednesday, January 6 by Telsey Advisory Group. The rating was maintained by Jefferies on Wednesday, September 28 with “Hold”.

Northrop Grumman Corporation, a security company, provides systems, products, and solutions in autonomous systems, cyber, strike, logistics and modernization, and command, control, communications, computers, intelligence, surveillance, and reconnaissance to government and commercial clients worldwide. The company has market cap of $52.26 billion. It has three divisions: Aerospace Systems, Mission Systems, and Technology Services. It has a 22.38 P/E ratio. The Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, autonomous systems, spacecraft, high-energy laser systems, microelectronics, and other systems/subsystems.

Investors sentiment increased to 0.94 in 2017 Q2. Its up 0.06, from 0.88 in 2017Q1. It is positive, as 44 investors sold Northrop Grumman Corporation shares while 280 reduced holdings. 78 funds opened positions while 225 raised stakes. 138.80 million shares or 0.44% less from 139.41 million shares in 2017Q1 were reported. Peapack Gladstone Fincl Corp reported 1,079 shares stake. Wedge Capital Mgmt L Lp Nc accumulated 232,038 shares. First Allied Advisory Svcs owns 5,964 shares. Whittier Trust Of Nevada holds 590 shares. Virtus Advisers holds 8,672 shares or 0.22% of its portfolio. Eqis Cap Management invested in 0.02% or 1,318 shares. Stephens Ar reported 4,192 shares. Comerica Fincl Bank holds 0.15% of its portfolio in Northrop Grumman Corporation (NYSE:NOC) for 74,677 shares. Gyroscope Cap Mgmt Gru Ltd Liability has 0.17% invested in Northrop Grumman Corporation (NYSE:NOC) for 1,299 shares. Sequoia Fincl Limited Liability Company reported 868 shares stake. Manufacturers Life Ins The, a Ontario – Canada-based fund reported 249,843 shares. Sumitomo Life Ins invested in 0.24% or 7,221 shares. Bluemountain Capital Lc has 0.04% invested in Northrop Grumman Corporation (NYSE:NOC). Nomura Asset holds 20,775 shares or 0.07% of its portfolio. Shelton Mngmt has 10,088 shares.

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