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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
NYSE:SONY

Sony Group (SONY) Stock Price, News & Analysis

$81.61
-1.36 (-1.64%)
(As of 04/17/2024 ET)
Today's Range
$81.36
$82.15
50-Day Range
$81.61
$96.38
52-Week Range
$79.62
$100.94
Volume
579,987 shs
Average Volume
788,834 shs
Market Capitalization
$100.72 billion
P/E Ratio
15.75
Dividend Yield
0.48%
Price Target
$108.00

Sony Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
32.3% 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
0.21mentions of Sony Group in the last 14 days
Based on 13 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.

3.11 out of 5 stars

Consumer Discretionary Sector

154th out of 258 stocks

Household Audio & Video Equipment Industry

4th out of 7 stocks

SONY stock logo

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

SONY Stock News Headlines

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And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Sony Group (NYSE:SONY) Cut to Hold at StockNews.com
20 Most Populated Counties in the US
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
4/17/2024
Next Earnings (Confirmed)
5/14/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Household audio & video equipment
Sub-Industry
N/A
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
+32.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$6.93 billion
Pretax Margin
9.61%

Debt

Sales & Book Value

Annual Sales
$85.23 billion
Cash Flow
$11.91 per share
Book Value
$43.71 per share

Miscellaneous

Outstanding Shares
1,234,220,000
Free Float
1,147,827,000
Market Cap
$100.69 billion
Optionable
Optionable
Beta
0.98
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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 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 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 share price to reach $108.00 in the next twelve months. This suggests a possible upside of 32.3% 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 on January 1st, 2024. Since then, SONY shares have decreased by 13.8% and is now trading at $81.61.
View the best growth stocks for 2024 here
.

Are investors shorting Sony Group?

Sony Group saw a increase in short interest in 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 presently 2.4 days. Approximately 0.2% of the company's stock 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) announced its quarterly earnings data on Wednesday, February, 14th. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.32. The firm earned $25.38 billion during 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 $0.39 per share and currently has a dividend yield of 0.48%. The dividend payout ratio is 7.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SONY will have a dividend payout ratio of 6.76% next year. This indicates that the company will be able to sustain or increase its dividend.

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

Sony Group updated 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 many different institutional and retail investors. Top institutional investors 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 4/17/2024 by MarketBeat.com Staff

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