In the last trading session, 2.61 million shares of the Sony Group Corporation ADR (NYSE:SONY) were traded, and its beta was 0.95. Most recently the company’s share price was $17.62, and it changed around -$0.07 or -0.40% from the last close, which brings the market valuation of the company to $106.29B. SONY currently trades at a discount to its 52-week high of $20.18, offering almost -14.53% off that amount. The share price’s 52-week low was $15.02, which indicates that the current value has risen by an impressive 14.76% since then. We note from Sony Group Corporation ADR’s average daily trading volume that its 10-day average is 2.33 million shares, with the 3-month average coming to 3.34 million.

Sony Group Corporation ADR stock received a consensus recommendation rating of Overweight, based on a mean score of 1.38. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 1 recommended SONY as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Sony Group Corporation ADR is expected to report earnings per share of 0.27 for the current quarter.

Sony Group Corporation ADR (NYSE:SONY) trade information

Instantly SONY has showed a red trend with a performance of -0.40% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 18.17 on recent trading dayincreased the stock’s daily price by 3.03%. The company’s shares are currently down -6.96% year-to-date, but still down -3.29% over the last five days. On the other hand, Sony Group Corporation ADR (NYSE:SONY) is -10.69% down in the 30-day period. We can see from the shorts that 10.91 million shares have been sold at a short interest cover period of 3.95 day(s).

The consensus price target as assigned by Wall Street analysts is $105, which translates to bulls needing to increase their stock price by 83.22% from its current value. Analyst projections state that SONY is forecast to be at a low of $102 and a high of $108.

Sony Group Corporation ADR (SONY) estimates and forecasts

Sony Group Corporation ADR share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 7.01 percent over the past six months and at a -44.95% annual growth rate that is well below the industry average of -11.70%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 22.70% in revenue this quarter, and will report a decrease of -12.50% in the next quarter. The year-over-year growth rate is expected to be 11.00%, up from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 20.03B in revenue for the current quarter. 2 analysts expect Sony Group Corporation ADR to make 24.61B in revenue for the current ending quarter.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 33.11%. Sony Group Corporation ADR earnings are expected to increase by 13.54% in 2024, but the outlook is positive 0.69% per year for the next five years.

SONY Dividends

Sony Group Corporation ADR’s next quarterly earnings report is expected to be released in November. The annual dividend yield of the stock is 1.63 percent and its annual dividend per share was 0.29. It is important to note, however, that the 1.63% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 0.58 per year.

ARISTOTLE CAPITAL MANAGEMENT, LLC, with 0.8719% or 10.73 million shares worth $911.91 million as of 2024-06-30, holds the second largest percentage of outstanding shares.