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NYSE:SONY

Sony Group (SONY) Stock Price, News & Analysis

$92.80
+2.01 (+2.21%)
(As of 08/21/2024 ET)
Today's Range
$91.52
$92.97
50-Day Range
$79.63
$96.15
52-Week Range
$75.11
$100.88
Volume
826,622 shs
Average Volume
849,428 shs
Market Capitalization
$114.54 billion
P/E Ratio
17.06
Dividend Yield
0.45%
Price Target
$108.00

Sony Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
16.4% Upside
$108.00 Price Target
Short Interest
Healthy
0.14% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.78mentions of Sony Group in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.21%
From $5.68 to $6.26 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.

2.92 out of 5 stars

Consumer Discretionary Sector

145th out of 263 stocks

Household Audio & Video Equipment Industry

3rd 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

$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
SONY Aug 2024 83.000 call
SONY Aug 2024 105.000 put
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
8/21/2024
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
$108.00
High Stock Price Target
$108.00
Low Stock Price Target
$108.00
Potential Upside/Downside
+16.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$6.70 billion
Pretax Margin
10.07%

Debt

Sales & Book Value

Annual Sales
$90.19 billion
Cash Flow
$12.18 per share
Book Value
$43.36 per share

Miscellaneous

Outstanding Shares
1,234,220,000
Free Float
1,147,827,000
Market Cap
$114.54 billion
Optionable
Optionable
Beta
0.94
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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 Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for various markets globally.
  • Recent developments in Sony's product lineup, such as the latest versions of their electronic devices, have been well-received by consumers.
  • Sony's current stock price is competitive in the market, offering potential value for investors.
  • The company has shown consistent growth in annual revenue and net income, indicating financial stability.
  • Sony's forward price-to-earnings ratio (Forward PE) suggests positive future earnings potential for the company.

Cons

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

  • While Sony has a strong product portfolio, competition in the electronic devices market is intense, leading to potential challenges in maintaining market share.
  • The dividend yield offered by Sony may not be as attractive compared to other investment options in the market.
  • A significant percentage of Sony's shares are held by institutional investors, which could impact stock price volatility.
  • Fluctuations in Sony's stock price due to market conditions and industry trends may pose risks to investors.
  • Investors should carefully consider Sony's financial performance and market position before making investment decisions.
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 Tuesday, August 20, 2024. Please send any questions or comments about these Sony Group pros and cons to contact@marketbeat.com.

SONY Stock Analysis - Frequently Asked Questions

How have SONY shares performed this year?

Sony Group's stock was trading at $94.69 at the start of the year. Since then, SONY shares have decreased by 2.0% and is now trading at $92.80.
View the best growth stocks for 2024 here
.

How were Sony Group's earnings last quarter?

Sony Group Co. (NYSE:SONY) announced its earnings results on Wednesday, August, 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.11 by $0.11. The business earned $19.32 billion during the quarter, compared to analyst estimates of $17.42 billion. Sony Group had a trailing twelve-month return on equity of 12.82% and a net margin of 7.59%.

When did Sony Group's stock split?

Sony Group shares split on Monday, September 30th 2024. The 5-1 split was announced on Tuesday, May 14th 2024. The newly created shares will be 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.

Who are Sony Group's major shareholders?

Sony Group's top institutional shareholders include Primecap Management Co. CA (1.74%), Mondrian Investment Partners LTD (0.18%), Gabelli Funds LLC (0.11%) and Envestnet Asset Management Inc. (0.11%).

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 8/22/2024 by MarketBeat.com Staff

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