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NYSE:SONY

Sony Group (SONY) Stock Price, News & Analysis

$87.34
+1.31 (+1.52%)
(As of 07/26/2024 ET)
Today's Range
$86.20
$87.64
50-Day Range
$78.45
$96.15
52-Week Range
$75.11
$100.88
Volume
962,028 shs
Average Volume
845,082 shs
Market Capitalization
$107.80 billion
P/E Ratio
16.06
Dividend Yield
0.47%
Price Target
$108.00

Sony Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
23.7% 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
0.01mentions of Sony Group in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.86%
From $5.58 to $6.13 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.

1.66 out of 5 stars

Consumer Discretionary Sector

217th out of 279 stocks

Household Audio & Video Equipment Industry

4th out of 8 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

625,000% Gain
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Sony Group Corporation (SON1.F)
3 Japanese Stocks You Can Still Buy on Sale
The 3 Best Esports Stocks to Buy in July 2024
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
7/26/2024
Next Earnings (Estimated)
8/14/2024
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
+23.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$6.70 billion
Pretax Margin
9.74%

Debt

Sales & Book Value

Annual Sales
$90.19 billion
Cash Flow
$11.63 per share
Book Value
$43.36 per share

Miscellaneous

Outstanding Shares
1,234,220,000
Free Float
1,147,827,000
Market Cap
$108.12 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 has a diverse product portfolio ranging from electronic equipment to entertainment services, providing revenue streams from various sectors.
  • Recent developments show a strong focus on innovation and technological advancements, which can lead to competitive products in the market.
  • With a current stock price of $82.35 on record date 05/31/2024, there may be potential for growth based on market performance and company strategies.
  • The company's global presence in key markets like Japan, the United States, Europe, and China offers opportunities for expansion and market penetration.
  • Sony Group Corporation's history of adapting to changing consumer preferences and market trends demonstrates resilience and potential for long-term success.

Cons

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

  • Fluctuations in the consumer electronics industry can impact the company's financial performance and stock value, leading to potential risks for investors.
  • Competitive pressures from other tech giants and emerging companies may challenge Sony's market position and profitability in the long run.
  • The company's exposure to geopolitical tensions and trade regulations could affect its operations and financial results, adding uncertainty for investors.
  • Changes in consumer preferences and technological disruptions may require continuous investments in research and development, impacting short-term profitability.
  • Market volatility and economic uncertainties can influence investor sentiment and stock price movements, posing risks for those looking for stable returns.
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 Monday, July 22, 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 beginning of 2024. Since then, SONY shares have decreased by 7.8% and is now trading at $87.34.
View the best growth stocks for 2024 here
.

How were Sony Group's earnings last quarter?

Sony Group Co. (NYSE:SONY) issued its quarterly earnings results on Tuesday, May, 14th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.21. The business earned $23.45 billion during the quarter, compared to analyst estimates of $18.97 billion. Sony Group had a net margin of 7.95% and a trailing twelve-month return on equity of 13.05%.

When did Sony Group's stock split?

Sony Group's stock split on the morning of Monday, September 30th 2024. The 5-1 split was announced on Monday, September 30th 2024. The newly created shares will be issued to shareholders after the market closes 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 Cardinal Capital Management Inc. (0.03%), Raymond James & Associates (0.02%), Manning & Napier Advisors LLC (0.02%) and Pictet North America Advisors SA (0.02%).

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 7/26/2024 by MarketBeat.com Staff

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