Event-Driven Stocks

SONIC CORP

Consumer Discretionary · Retail-Eating Places · DE · SEC filings ↗ · Compare ⊕

Signs3 good1 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY18FY17FY16FY15FY14FY13
Revenue$88.1M$100.2M$606.3M$606.1M$552.3M$542.6M
Operating income$14.9M$22.6M$127.5M$116.4M$98.7M$89.2M
Net income$19.6M$11.0M$64.1M$64.5M$47.9M$36.7M
Total assets$531.1M$561.7M$648.7M$620.0M$651.0M$660.8M
Total liabilities
Equity−$288.8M−$201.8M−$75.6M$17.4M$62.7M$77.5M
EPS (diluted)$0.51$0.25$1.29$1.20$0.85$0.64
Shares out.35.7M40.3M45.8M49.8M53.0M56.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2018
Operating margin
16.9%
Net margin
22.3%
Return on equity
−6.8%
Return on assets
3.7%
Return on capital (ROCE)
3.2%
Liabilities / assets
Debt / equity
Book value / share
$-8.09
Revenue growth (YoY)
−12.0%
Net income growth (YoY)
78.8%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2018
Accruals / assets
13.5%clean
Piotroski F-Score
6/8mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
63
/ 100
Profitability 80Growth 50Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 severe1 warning3 good
  • Negative shareholder equity
  • Revenue declined year-over-year
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
0 acquisitions10 disposalsnet 150,996 shares · last 10
InsiderDateTypeSharesPrice
Thronson SusanDirectorDec 7, 2018D4,225$43.50
Taylor Kathy LDirectorDec 3, 2018D28,252$43.50
Schutz Jeffrey HDirectorOct 12, 2018Gift425$0.00
Pena Federico FDirectorOct 11, 2018Gift2,310$0.00
Lavelle Kate SDirectorNov 5, 2018Gift2,083$0.00
Hobart Lauren RDirectorDec 7, 2018D6,642$43.50
Davis Steven ADirectorDec 7, 2018D6,772$43.50
Black R NealDirectorDec 7, 2018D3,719$43.50
Bartel TonyDirectorDec 3, 2018Gift4,053$0.00
Saroch E EdwardOfficer — Senior VP of SubsidiaryDec 7, 2018D92,515$43.50

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)