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 twelve months. 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 analysts have issued 1 year target prices for Sony Group's shares. Their SONY share price targets range from $108.00 to $108.00. On average, they expect the company's stock price to reach $108.00 in the next twelve months. This suggests a possible upside of 31.2% 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 the year. Since then, SONY shares have decreased by 13.1% and is now trading at $82.30. View the best growth stocks for 2024 here .

Are investors shorting Sony Group?

Sony Group saw a increase in short interest in 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 short-interest ratio is currently 2.4 days. Approximately 0.2% of the shares of the company are sold short. 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 Friday, April 26th 2024. View our SONY earnings forecast .

How were Sony Group's earnings last quarter?

Sony Group Co. (NYSE:SONY) posted its quarterly earnings results on Wednesday, February, 14th. The company reported $2.00 EPS for the quarter, beating analysts' consensus estimates of $1.68 by $0.32. The business 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 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 a variety of 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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$83.08

+0.78 (+0.95%)

(As of 10:34 AM ET)

Compare

Today's Range: $82.90
▼
$83.63
50-Day Range: $82.30
▼
$97.26
52-Week Range: $79.62
▼
$100.94

Volume: 190,399 shs
Average Volume: 781,940 shs
Market Capitalization: $102.54 billion

P/E Ratio: 16.04
Dividend Yield: 0.48%
Price Target: $108.00

Get Sony Group alerts:

Sony Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 31.2% 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: 0.27
Based on 7 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.

2.82 out of 5 stars

Consumer Discretionary Sector

156th out of 268 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.

1.8

News and Social Media Coverage

News Sentiment
Sony Group has a news sentiment score of 0.27. 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 0.57 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Sony Group this week, compared to 15 articles on an average week.
Search Interest
Only 24 people have searched for SONY on MarketBeat in the last 30 days. This is a decrease of -37% compared to the previous 30 days.
MarketBeat Follows
12 people have added Sony Group to their MarketBeat watchlist in the last 30 days. This is an increase of 140% 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.

1.9

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 15.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sony Group is 15.89, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.29.
Price to Book Value per Share Ratio
Sony Group has a P/B Ratio of 1.88. 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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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

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April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

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

April 2, 2024 | msn.com

Sony President Hiroki Totoki Begins His Role as Interim CEO of PlayStation as Jim Ryan says PS5 Is "Well on Track" to Be Sony's Most Successful Console Ever

April 1, 2024 | msn.com

Sony Pictures Promotes Maia Eyre to SVP of Creative Development at Columbia

April 1, 2024 | venturebeat.com

Hiroki Totoki becomes interim head of Sony Interactive Entertainment

March 29, 2024 | ft.com

Sony Music boss Rob Stringer: ‘We want the artist to be paid’

March 29, 2024 | benzinga.com

(SONY) - Analyzing Sony Group's Short Interest

March 28, 2024 | investorplace.com

The Cloud Gaming Boom: 3 Stocks Set to Skyrocket as the Industry Explodes

March 28, 2024 | yahoo.com

Austin Butler to Star in Darren Aronofsky’s ‘Caught Stealing’ for Sony

March 28, 2024 | msn.com

Austin Butler Is Set To Star In Sony’s Caught Stealing Adaptation With Darren Aronofsky

March 28, 2024 | finance.yahoo.com

AllSaints Music Group to launch spatial audio service offering 360 Reality Audio

March 27, 2024 | msn.com

Austin Butler To Star In Sony’s ‘Caught Stealing’ Adaptation With Darren Aronofsky Directing

March 27, 2024 | yahoo.com

Austin Butler to Star in Darren Aronofsky’s ‘Caught Stealing’ for Sony Pictures

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/16/2024
Next Earnings (Estimated): 4/26/2024
Fiscal Year End: 3/31/2025

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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: +31.2%
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: 15.89
Forward P/E Ratio: 15.80
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: $11.77 per share
Price / Cash Flow: 6.99
Book Value: $43.71 per share
Price / Book: 1.88

Miscellaneous

Outstanding Shares: 1,234,220,000
Free Float: 1,147,827,000
Market Cap: $101.58 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 twelve months. 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 analysts have issued 1 year target prices for Sony Group's shares. Their SONY share price targets range from $108.00 to $108.00. On average, they expect the company's stock price to reach $108.00 in the next twelve months. This suggests a possible upside of 31.2% 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 the year. Since then, SONY shares have decreased by 13.1% and is now trading at $82.30.
View the best growth stocks for 2024 here.
Are investors shorting Sony Group?: Sony Group saw a increase in short interest in 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 short-interest ratio is currently 2.4 days. Approximately 0.2% of the shares of the company are sold short.
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 Friday, April 26th 2024.
View our SONY earnings forecast.
How were Sony Group's earnings last quarter?: Sony Group Co. (NYSE:SONY) posted its quarterly earnings results on Wednesday, February, 14th. The company reported $2.00 EPS for the quarter, beating analysts' consensus estimates of $1.68 by $0.32. The business 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 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 a variety of 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 4/16/2024 by MarketBeat.com Staff

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