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See what the IHS Markit Score report has to say about Sonic Corp.

IHS Markit

Sonic Corp

NASDAQ/NGS:SONC

Score: Negative (17)

12 days at current score.

Downgraded from Neutral on August 31st 2017

View full report here!

Summary


  • This company ranked negatively compared to the Consumer Services sector despite 2 positive IHS Markit Categories
  • ETFs holding this stock are seeing positive inflows
  • Bearish sentiment is high and has been increasing
  • Economic output in this company's sector is expanding


Bearish sentiment

Short interest | Negative

Short interest is high for SONC with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting SONC. Sentiment has worsened and traders added to their bearish short positions on August 18.

Money flow

ETF/Index ownership | Positive

ETF activity is positive. Over the last month, ETFs holding SONC are favorable, with net inflows of $2.83 billion. Additionally, the rate of inflows is increasing.

Economic sentiment

PMI by IHS Markit | Positive

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year.

Credit worthiness

Credit default swap

CDS data is not available for this security.

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