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NYSE:SONY

Sony Group (SONY) Stock Price, News & Analysis

$95.14
-0.52 (-0.54%)
(As of 10/8/2024 ET)

About Sony Group Stock (NYSE:SONY)

Key Stats

Today's Range
$95.05
$95.47
50-Day Range
$16.32
$96.84
52-Week Range
$75.11
$100.88
Volume
403,128 shs
Average Volume
807,719 shs
Market Capitalization
$117.42 billion
P/E Ratio
17.49
Dividend Yield
0.43%
Price Target
$21.60
Consensus Rating
Buy

Company Overview

Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices. It also develops, produces, markets, and distributes recorded music; publishes music; and produces and distributes animation titles, game applications, and various services for music and visual products. In addition, the company produces, acquires, and distributes live-action and animated motion pictures for theatrical release, as well as scripted and animated series, unscripted reality or light entertainment, daytime serials, game shows, television movies, and miniseries and other television programs; operation of television networks and direct-to-consumer streaming services; operates a visual effects and animation unit; and manages a studio facility. Further, it researches, develops, designs, produces, markets, distributes, sells, and services televisions, and video and sound products; interchangeable lens, as well as compact digital, and consumer and professional video cameras; projectors and medical equipment; mobile phones, accessories, and applications; and metal oxide semiconductor image sensors, charge-coupled devices, integration systems, and other semiconductors. Additionally, it offers Internet broadband network services; recording media, and storage media products; and life and non-life insurance, banking, and other services, as well as creates and distributes content for PCs and mobile phones. The company was formerly known as Sony Corporation and changed its name to Sony Group Corporation in April 2021. Sony Group Corporation was incorporated in 1946 and is headquartered in Tokyo, Japan.

Sony Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
38th Percentile Overall Score

SONY MarketRank™: 

Sony Group scored higher than 38% of companies evaluated by MarketBeat, and ranked 229th out of 299 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Sony Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Sony Group has only been the subject of 1 research reports in the past 90 days.

  • Read more about Sony Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Sony Group are expected to grow by 13.68% in the coming year, from $4.75 to $5.40 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Sony Group is 17.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.10.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Sony Group is 17.49, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.12.

  • Price to Book Value per Share Ratio

    Sony Group has a P/B Ratio of 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Sony Group's valuation and earnings.
  • Percentage of Shares Shorted

    0.17% of the float of Sony Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Sony Group has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Sony Group has recently decreased by 2.38%, indicating that investor sentiment is improving.
  • Dividend Yield

    Sony Group has a dividend yield of 0.44%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Sony Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Sony Group is 7.54%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Sony Group will have a dividend payout ratio of 7.59% next year. This indicates that Sony Group will be able to sustain or increase its dividend.

  • Read more about Sony Group's dividend.
  • Percentage of Shares Shorted

    0.17% of the float of Sony Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Sony Group has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Sony Group has recently decreased by 2.38%, indicating that investor sentiment is improving.
  • News Sentiment

    Sony Group has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Sony Group this week, compared to 15 articles on an average week.
  • Search Interest

    Only 39 people have searched for SONY on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Sony Group to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Sony Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 7.00% of the stock of Sony Group is held by insiders.

  • Percentage Held by Institutions

    Only 14.05% of the stock of Sony Group is held by institutions.

  • Read more about Sony Group's insider trading history.
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SONY Stock News Headlines

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SONY Stock Analysis - Frequently Asked Questions

Sony Group's stock was trading at $18.9380 at the beginning of 2024. Since then, SONY stock has increased by 402.4% and is now trading at $95.14.
View the best growth stocks for 2024 here
.

Sony Group Co. (NYSE:SONY) announced its quarterly earnings results on Wednesday, August, 7th. The company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.02. The firm had revenue of $19.32 billion for the quarter, compared to analyst estimates of $17.42 billion. Sony Group had a net margin of 7.59% and a trailing twelve-month return on equity of 12.82%.

Shares of Sony Group split on the morning of Monday, September 30th 2024. The 5-1 split was announced on Tuesday, May 14th 2024. The newly issued shares were issued to shareholders after the closing bell on Monday, September 30th 2024. An investor that had 100 shares of stock prior to the split would have 500 shares after the split.

Top institutional investors of Sony Group include Handelsbanken Fonder AB (0.01%), Park Avenue Securities LLC, Doliver Advisors LP and Atomi Financial Group Inc..

Shares of SONY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
8/07/2024
Today
10/08/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Household audio & video equipment
Sub-Industry
Recreation
Employees
113,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.60
High Stock Price Target
$21.60
Low Stock Price Target
$21.60
Potential Upside/Downside
-77.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$6.70 billion
Pretax Margin
10.07%

Debt

Sales & Book Value

Annual Sales
$13.07 trillion
Cash Flow
$11.87 per share
Book Value
$43.36 per share

Miscellaneous

Outstanding Shares
1,234,223,000
Free Float
1,147,827,000
Market Cap
$117.37 billion
Optionable
Optionable
Beta
0.94
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This page (NYSE:SONY) was last updated on 10/8/2024 by MarketBeat.com Staff
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