S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Best Bear Market Funds: Top 3 Investment Options to Consider
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Best Bear Market Funds: Top 3 Investment Options to Consider
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Best Bear Market Funds: Top 3 Investment Options to Consider
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Best Bear Market Funds: Top 3 Investment Options to Consider
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
NYSE:SONY

Sony Group (SONY) Stock Price, News & Analysis

$86.54
-0.18 (-0.21%)
(As of 03/27/2024 ET)
Today's Range
$86.17
$86.89
50-Day Range
$85.16
$99.59
52-Week Range
$79.62
$100.94
Volume
655,220 shs
Average Volume
673,164 shs
Market Capitalization
$106.81 billion
P/E Ratio
16.71
Dividend Yield
0.45%
Price Target
$108.00

Sony Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
24.8% Upside
$108.00 Price Target
Short Interest
Healthy
0.12% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.59mentions of Sony Group in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.14%
From $5.19 to $5.82 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.

2.88 out of 5 stars

Consumer Discretionary Sector

171st out of 271 stocks

Household Audio & Video Equipment Industry

2nd out of 6 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

GameStop Stock Downtrend Is Intact: The End Game Draws Near (SONY)
GameStop is on track to revert to its pre-meme price points below $5, and the move could gain momentum as critical support targets are breached.
The AI Defense Stock Set to Soar
To protect our interests, The Pentagon has partnered with this small AI defense contractor - creating some of the most powerful AI defenses ever made.
Sony Group (NYSE:SONY) Lifted to "Buy" at StockNews.com
This consistently signaled gains of 453%... 610%... and even 1036%...
It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.
StockNews.com Downgrades Sony Group (NYSE:SONY) to Hold
Sensex, Nifty Modestly Lower As Adani Group Stocks Tumble
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
3/27/2024
Fiscal Year End
3/31/2024
Next Earnings (Estimated)
4/26/2024

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
+24.8%
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
$12.09 per share
Book Value
$43.71 per share

Miscellaneous

Outstanding Shares
1,234,220,000
Free Float
1,147,827,000
Market Cap
$106.81 billion
Optionable
Optionable
Beta
0.98
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Should I Buy Sony Group Stock? SONY Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Sony Group was last updated on Tuesday, March 26, 2024 at 10:16 PM.

Pros

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

  • Sony Group Co. has shown strong stock performance with a market cap of $106.08 billion, indicating stability and potential growth.
  • The company reported earnings per share of $2.00 for the last quarter, surpassing the consensus estimate by $0.32, showcasing financial strength and positive outlook.
  • Investors have shown confidence in Sony Group Co. as institutional investors and hedge funds own 14.05% of the stock, indicating trust in the company's future prospects.
  • Recent investments by notable entities like BlackRock Inc. and Bank of America Corp DE demonstrate a positive sentiment towards Sony Group Co., potentially leading to further growth.
  • Sony Group Co. operates in diverse markets globally, including Japan, the United States, Europe, China, and the Asia-Pacific region, providing a broad revenue base and reducing dependency on a single market.

Cons

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

  • Sony Group Co. faces competition in the consumer electronics industry from various global players, which could impact market share and profitability.
  • The company's stock price experienced a decline of $2.68 during recent trading, indicating potential volatility in the market and uncertainty in short-term performance.
  • Fluctuations in the global economy and geopolitical factors could affect Sony Group Co.'s operations and financial results, leading to unpredictable outcomes for investors.
  • The company's debt-to-equity ratio of 0.25 may pose risks in case of economic downturns or financial challenges, impacting investor confidence.
  • Sony Group Co. operates in industries with rapid technological advancements, requiring continuous innovation and investment to stay competitive, which could strain financial resources.

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 equities research analysts have issued twelve-month price targets for Sony Group's stock. Their SONY share price targets range from $108.00 to $108.00. On average, they anticipate the company's share price to reach $108.00 in the next year. This suggests a possible upside of 24.8% 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 stock has decreased by 8.6% and is now trading at $86.54.
View the best growth stocks for 2024 here
.

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) announced its earnings results on Wednesday, February, 14th. The company reported $2.00 EPS for the quarter, topping analysts' consensus estimates of $1.68 by $0.32. The firm had revenue of $25.38 billion for the quarter, compared to analysts' expectations of $24.31 billion. Sony Group had a trailing twelve-month return on equity of 12.43% and a net margin of 7.62%.

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 0.46%. 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 6.87% 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 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 number of retail and institutional investors. Top institutional investors include Primecap Management Co. CA (1.80%), Fisher Asset Management LLC (0.52%), Fisher Asset Management LLC (0.52%), Fiduciary Management Inc. WI (0.25%), Harding Loevner LP (0.18%) and Clearbridge Investments LLC (0.13%).

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 3/28/2024 by MarketBeat.com Staff

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