Should I buy or sell Sony Group stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sony Group in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SONY shares. View SONY analyst ratings or view top-rated stocks .

What is Sony Group's stock price target for 2024?

5 equities research analysts have issued 12 month price targets for Sony Group's shares. Their SONY share price targets range from $108.00 to $108.00. On average, they expect the company's share price to reach $108.00 in the next twelve months. This suggests a possible upside of 31.9% from the stock's current price. View analysts price targets for SONY or view top-rated stocks among Wall Street analysts .

How have SONY shares performed in 2024?

Sony Group's stock was trading at $94.69 at the beginning of 2024. Since then, SONY stock has decreased by 13.5% and is now trading at $81.89. View the best growth stocks for 2024 here .

Are investors shorting Sony Group?

Sony Group saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,960,000 shares, an increase of 34.2% from the March 15th total of 1,460,000 shares. Based on an average trading volume of 806,200 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.2% of the company's shares are short sold. View Sony Group's Short Interest .

When is Sony Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our SONY earnings forecast .

How can I listen to Sony Group's earnings call?

Sony Group will be holding an earnings conference call on Tuesday, May 14th at 3:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Sony Group's earnings last quarter?

Sony Group Co. (NYSE:SONY) issued its quarterly earnings data on Wednesday, February, 14th. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.32. The firm had revenue of $25.38 billion for the quarter, compared to analyst estimates of $24.31 billion. Sony Group had a net margin of 7.62% and a trailing twelve-month return on equity of 12.43%.

Is Sony Group a good dividend stock?

Sony Group (NYSE:SONY) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.48%. The dividend payout ratio is 7.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SONY will have a dividend payout ratio of 6.93% next year. This indicates that the company will be able to sustain or increase its dividend.

What ETFs hold Sony Group's stock?

ETFs with the largest weight of Sony Group (NYSE:SONY) stock in their portfolio include MUSQ Global Music Industry ETF (MUSQ) , Amplify International Enhanced Dividend Income ETF (IDVO) , Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) , Avantis International Large Cap Value ETF (AVIV) , Amplify Video Game Tech ETF (GAMR) , ActivePassive International Equity ETF (APIE) , Pacer Trendpilot International ETF (PTIN) and Avantis Responsible International Equity ETF (AVSD) .

What guidance has Sony Group issued on next quarter's earnings?

Sony Group issued an update on its FY 2023 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $86.6 billion-$86.6 billion, compared to the consensus revenue estimate of $83.3 billion.

Who are Sony Group's major shareholders?

Sony Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.02%), Atwood & Palmer Inc. (0.02%), IMC Chicago LLC (0.00%), CWM LLC (0.01%), Timber Creek Capital Management LLC (0.00%) and Park Avenue Securities LLC (0.00%).

How do I buy shares of Sony Group?

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 .

NYSE:SONY

Sony Group (SONY) Stock Price, News & Analysis

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$81.89

+0.31 (+0.38%)

(As of 04/18/2024 ET)

Compare

Today's Range: $81.85
▼
$82.57
50-Day Range: $81.61
▼
$96.15
52-Week Range: $79.62
▼
$100.94

Volume: 447,010 shs
Average Volume: 784,273 shs
Market Capitalization: $101.07 billion

P/E Ratio: 15.81
Dividend Yield: 0.49%
Price Target: $108.00

Get Sony Group alerts:

Sony Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 31.9% Upside
$108.00 Price Target
Short Interest: Healthy
0.16% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.22
Based on 17 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.75%
From $5.21 to $5.77 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.27 out of 5 stars

Consumer Discretionary Sector

150th out of 250 stocks

Household Audio & Video Equipment Industry

4th out of 7 stocks

3.4

Analyst's Opinion

Consensus Rating
Sony Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Sony Group has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.16% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sony Group has recently increased by 34.25%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Sony Group has a dividend yield of 0.48%, 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 7.72%. 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 6.93% next year. This indicates that Sony Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SONY.

2.3

News and Social Media Coverage

News Sentiment
Sony Group has a news sentiment score of 0.22. 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 0.53 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for Sony Group this week, compared to 15 articles on an average week.
Search Interest
Only 30 people have searched for SONY on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.
MarketBeat Follows
10 people have added Sony Group to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

0.0

Company Ownership

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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Sony Group are expected to grow by 10.75% in the coming year, from $5.21 to $5.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sony Group is 15.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sony Group is 15.81, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.55.
Price to Book Value per Share Ratio
Sony Group has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Sony Group Stock (NYSE:SONY)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SONY Stock News Headlines

March 27, 2024 | marketbeat.com

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April 18, 2024 | reuters.com

Sony, Apollo discuss joint bid for Paramount, says source

April 18, 2024 | Crypto 101 Media (Ad)

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April 18, 2024 | nypost.com

Sony in talks with Apollo to team up on bid to buy Paramount: sources

April 18, 2024 | benzinga.com

Sony's Latest Bravia Series Elevates At-Home Streaming with Advanced Picture Settings and AI Features

April 18, 2024 | msn.com

Sony Bravia 9 First Look: The TV to beat

April 17, 2024 | prnewswire.com

Cinema is coming home: Sony Electronics introduces brand-new range of BRAVIA® Theater home audio products

April 16, 2024 | finance.yahoo.com

Strategic Shifts in T. Rowe Price Japan Fund's Portfolio Highlight Sony Group Corp's -2.

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 16, 2024 | msn.com

ZEEL withdraws from NCLT application for merger with Sony

April 16, 2024 | msn.com

Sony’s new 16-25mm is its lightest and smallest ever ultra-wide f/2.8 zoom lens, but it comes with a catch

April 16, 2024 | msn.com

Zee-Sony merger: Zee Ent announces withdrawal of merger implementation application from NCLT against Sony

April 16, 2024 | msn.com

Punit Goenka's ZEE to aggressively pursue claims against Sony; withdraws merger implementation application from NCLT

April 16, 2024 | finance.yahoo.com

Sony Electronics Announces a Compact Wide-Angle FE 16-25mm F2.8 G Zoom Lens

April 15, 2024 | msn.com

Sony's PS5 Pro Release: Reports Say Developers Are Getting Ready For New Console

April 15, 2024 | americanbankingnews.com

Sony Group Co. (NYSE:SONY) Given Average Recommendation of "Moderate Buy" by Brokerages

April 14, 2024 | msn.com

Hollywood strikes ‘groundbreaking’ AI agreement with Sony, Universal, Warner and Disney

April 10, 2024 | msn.com

BLACKPINK's Lisa Partners with Sony Music for New Solo Album

April 9, 2024 | americanbankingnews.com

Sony Group (NYSE:SONY) Cut to Hold at StockNews.com

April 8, 2024 | finance.yahoo.com

20 Most Populated Counties in the US

April 6, 2024 | msn.com

India’s Zee to Cut Workforce by 15%, Proposes Lean Management Structure After Unsuccessful Sony Merger

April 6, 2024 | 247wallst.com

This Is How Much Nvidia Is Up Since the Corona Virus Market Crash

April 6, 2024 | msn.com

WWE goes Alpha: Sony is the camera of choice for WrestleMania's photo team

April 5, 2024 | msn.com

Sony Has Lost Interest in PS5's Star Wars: KOTOR Remake – Report

April 5, 2024 | msn.com

India’s Zee Chief to Prune Workforce by 15%, Proposes Lean Management Structure After Unsuccessful Sony Merger

April 3, 2024 | forbes.com

Hands-On With Sony’s New Spatial Content Creation System

April 3, 2024 | tmcnet.com

Video Streaming Company Rad Announces Collaboration with Sony Electronics Inc., Bringing the Power of Blockchain to Sony's BRAVIA®TV

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/14/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Household audio & video equipment
Sub-Industry: N/A
Current Symbol: NYSE:SONY
CUSIP: N/A
CIK: 313838
Web: www.sony.com
Phone: (136) 748-2111
Fax: 813-6748-2061
Employees: 113,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $108.00
High Stock Price Target: $108.00
Low Stock Price Target: $108.00
Potential Upside/Downside: +31.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.18
Trailing P/E Ratio: 15.81
Forward P/E Ratio: 15.72
P/E Growth: N/A
Net Income: $6.93 billion
Net Margins: 7.62%
Pretax Margin: 9.61%
Return on Equity: 12.43%
Return on Assets: 2.74%

Debt

Debt-to-Equity Ratio: 0.25
Current Ratio: 0.69
Quick Ratio: 0.54

Sales & Book Value

Annual Sales: $85.23 billion
Price / Sales: 1.19
Cash Flow: $11.85 per share
Price / Cash Flow: 6.91
Book Value: $43.71 per share
Price / Book: 1.87

Miscellaneous

Outstanding Shares: 1,234,220,000
Free Float: 1,147,827,000
Market Cap: $101.07 billion
Optionable: Optionable
Beta: 0.98

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Key Executives

Mr. Kenichiro Yoshida (Age 65)
CEO, Representative Corporate Executive Officer & Chairman
Comp: $4.3M
Mr. Hiroki Totoki (Age 60)
President, COO, CFO, Representative Corporate Executive Officer & Director
Comp: $1.47M
Dr. Hiroaki Kitano Ph.D. (Age 63)
Senior EVP & CTO, Corporate Executive Officer
Comp: $666.5k
Mr. Shiro Kambe (Age 63)
Senior EVP & Corporate Executive Officer
Comp: $679.7k
Mr. Kazushi Ambe (Age 63)
Senior EVP & Corporate Executive Officer
Comp: $673.1k
Mr. Toshimoto Mitomo (Age 61)
Executive Deputy President, CSO & Corporate Executive Officer
Comp: $666.5k
J. Justin Hill
Senior Vice President of Finance & Investor Relations and Head of Investor Relations
Ms. Natsuko Takei (Age 63)
Senior General Manager of Legal & Compliance Department
Mr. Shoji Nemoto (Age 68)
Head of Disc Manufacturing Business
Yasuhiro Ueda
Head of Technology Policy & Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Sony Group Stock? SONY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Sony Group Co.:

Sony Group Co. has a strong track record of designing, developing, and selling electronic equipment across various markets globally, indicating a diversified revenue stream.
Recent financial performance has been positive, with the company reporting earnings per share that beat consensus estimates, showcasing strong profitability.
Investors may find the current stock price of Sony Group Co. attractive, providing a potentially favorable entry point into the market.
The company's focus on innovation and technological advancements in its products can lead to competitive advantages and market leadership.
Sony Group Co.'s presence in multiple sectors such as entertainment, electronics, and gaming offers investors exposure to different industries within a single investment.

Cons

Investors should be bearish about investing in Sony Group Co. for these reasons:

Market volatility and competition in the electronic equipment industry may pose risks to Sony Group Co.'s financial performance and stock price.
Fluctuations in consumer demand for electronic devices could impact the company's sales and revenue, leading to potential uncertainties for investors.
External factors such as global economic conditions and trade policies may influence Sony Group Co.'s operations and profitability.
Changes in technology trends and consumer preferences could require continuous adaptation and investment by the company, affecting its bottom line.
Investors should consider the impact of currency exchange rates on Sony Group Co.'s international operations and financial results.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Sony Group pros and cons to contact@marketbeat.com.

SONY Stock Analysis - Frequently Asked Questions

Should I buy or sell Sony Group stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sony Group in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SONY shares.
View SONY analyst ratings or view top-rated stocks.
What is Sony Group's stock price target for 2024?: 5 equities research analysts have issued 12 month price targets for Sony Group's shares. Their SONY share price targets range from $108.00 to $108.00. On average, they expect the company's share price to reach $108.00 in the next twelve months. This suggests a possible upside of 31.9% from the stock's current price.
View analysts price targets for SONY or view top-rated stocks among Wall Street analysts.
How have SONY shares performed in 2024?: Sony Group's stock was trading at $94.69 at the beginning of 2024. Since then, SONY stock has decreased by 13.5% and is now trading at $81.89.
View the best growth stocks for 2024 here.
Are investors shorting Sony Group?: Sony Group saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,960,000 shares, an increase of 34.2% from the March 15th total of 1,460,000 shares. Based on an average trading volume of 806,200 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.2% of the company's shares are short sold.
View Sony Group's Short Interest.
When is Sony Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our SONY earnings forecast.
How can I listen to Sony Group's earnings call?: Sony Group will be holding an earnings conference call on Tuesday, May 14th at 3:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Sony Group's earnings last quarter?: Sony Group Co. (NYSE:SONY) issued its quarterly earnings data on Wednesday, February, 14th. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.32. The firm had revenue of $25.38 billion for the quarter, compared to analyst estimates of $24.31 billion. Sony Group had a net margin of 7.62% and a trailing twelve-month return on equity of 12.43%.
Is Sony Group a good dividend stock?: Sony Group (NYSE:SONY) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.48%. The dividend payout ratio is 7.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SONY will have a dividend payout ratio of 6.93% next year. This indicates that the company will be able to sustain or increase its dividend.
What ETFs hold Sony Group's stock?: ETFs with the largest weight of Sony Group (NYSE:SONY) stock in their portfolio include MUSQ Global Music Industry ETF (MUSQ), Amplify International Enhanced Dividend Income ETF (IDVO), Calamos Antetokounmpo Global Sustainable Equities ETF (SROI), Avantis International Large Cap Value ETF (AVIV), Amplify Video Game Tech ETF (GAMR), ActivePassive International Equity ETF (APIE), Pacer Trendpilot International ETF (PTIN) and Avantis Responsible International Equity ETF (AVSD).
What guidance has Sony Group issued on next quarter's earnings?: Sony Group issued an update on its FY 2023 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $86.6 billion-$86.6 billion, compared to the consensus revenue estimate of $83.3 billion.
Who are Sony Group's major shareholders?: Sony Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.02%), Atwood & Palmer Inc. (0.02%), IMC Chicago LLC (0.00%), CWM LLC (0.01%), Timber Creek Capital Management LLC (0.00%) and Park Avenue Securities LLC (0.00%).
How do I buy shares of Sony Group?: 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.

This page (NYSE:SONY) was last updated on 4/18/2024 by MarketBeat.com Staff

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Sony Group (SONY) Stock Price, News & Analysis

Sony Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Sony Group Stock (NYSE:SONY)

SONY Stock Price History

SONY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

Should I Buy Sony Group Stock? SONY Pros and Cons Explained

Pros

Cons

SONY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™