In the latest trading session, 6.97 million Sony Group Corporation ADR (NYSE:SONY) shares changed hands as the company’s beta touched 0.96. With the company’s most recent per share price at $24.73 changing hands around $0.21 or 0.84% at last look, the market valuation stands at $148.97B. SONY’s current price is a discount, trading about -3.68% off its 52-week high of $25.64. The share price had its 52-week low at $15.02, which suggests the last value was 39.26% up since then. When we look at Sony Group Corporation ADR’s average trading volume, we note the 10-day average is 5.79 million shares, with the 3-month average coming to 4.03 million.
Analysts gave the Sony Group Corporation ADR (SONY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.64. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SONY as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Sony Group Corporation ADR’s EPS for the current quarter is expected to be 0.
Sony Group Corporation ADR (NYSE:SONY) trade information
Instantly SONY is in green as seen in intraday trades today. With action 4.37%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 16.85%, with the 5-day performance at 4.37% in the green. However, in the 30-day time frame, Sony Group Corporation ADR (NYSE:SONY) is 0.84% up. Looking at the short shares, we see there were 10.53 million shares sold at short interest cover period of 2.54 days.
The consensus price target for the stock as assigned by Wall Street analysts is 21, meaning bulls need a downside of -17.76% from its recent market value. According to analyst projections, SONY’s forecast low is 20.4 with 21.6 as the target high. To hit the forecast high, the stock’s price needs a 12.66% surge from its current level, while the stock would need to tank 17.51% for it to hit the projected low.
Sony Group Corporation ADR (SONY) estimates and forecasts
Year-over-year growth is forecast to reach 2,693.02% up from the last financial year.
Consensus estimates given by 13 financial analysts project the company’s revenue in the current quarter to hit an average of 3T. 4 analysts are of the opinion that Sony Group Corporation ADR’s revenue for the current quarter will be 2.97T. The company’s revenue for the corresponding quarters a year ago was 3.48T and 3.01T respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -13.79%. The estimates for the next quarter sales put growth at -1.36%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -3.53%. The 2025 estimates are for Sony Group Corporation ADR earnings to increase by 18.79%, but the outlook for the next 5-year period is at 10.11% per year.
SONY Dividends
Sony Group Corporation ADR is expected to release its next quarterly earnings report on 2025-Feb-12. The 0.50% annual yield figure for the share gives it an annual dividend of 0.12. It is important to note, however, that the 0.50% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 0.59 per year.
Sony Group Corporation ADR (NYSE:SONY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.00% of Sony Group Corporation ADR shares while 7.75% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 7.75%. There are 7.75% institutions holding the Sony Group Corporation ADR stock share, with PRIMECAP MANAGEMENT CO/CA/ the top institutional holder. As of 2024-06-30, the company held 1.7576% of the shares, roughly 21.49 million SONY shares worth $1.83 billion.
ARISTOTLE CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 0.8779% or 10.73 million shares worth $911.91 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard/Primecap Fund and Vanguard/Windsor II. With 62.98 shares estimated at $1.56 billion under it, the former controlled 1.02% of total outstanding shares. On the other hand, Vanguard/Windsor II held about 0.23% of the shares, roughly 14.38 shares worth around $355.13 million.
