Sony Group (NYSE:SONY – Get Rating) is set to issue its quarterly earnings data before the market opens on Tuesday, May 10th. Analysts expect the company to announce earnings of $0.82 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
Sony Group (NYSE:SONY – Get Rating) last issued its quarterly earnings data on Wednesday, February 2nd. The company reported $2.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.56 by $0.51. Sony Group had a return on equity of 12.12% and a net margin of 8.83%. The business had revenue of $26.68 billion during the quarter, compared to analyst estimates of $26.01 billion. On average, analysts expect Sony Group to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Shares of SONY opened at $86.10 on Tuesday. Sony Group has a 52-week low of $84.01 and a 52-week high of $133.75. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.55 and a current ratio of 0.65. The stock has a 50 day simple moving average of $97.51 and a 200 day simple moving average of $110.99. The firm has a market capitalization of $104.99 billion, a PE ratio of 13.56 and a beta of 0.87.
Institutional investors have recently made changes to their positions in the company. KB Financial Partners LLC bought a new stake in shares of Sony Group during the 4th quarter worth approximately $44,000. Jaffetilchin Investment Partners LLC bought a new stake in shares of Sony Group during the 4th quarter worth approximately $210,000. EverSource Wealth Advisors LLC bought a new stake in shares of Sony Group during the 4th quarter worth approximately $233,000. BNP Paribas Arbitrage SA bought a new stake in shares of Sony Group during the 3rd quarter worth approximately $276,000. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of Sony Group during the 4th quarter worth approximately $475,000.
A number of equities analysts have weighed in on the company. Zacks Investment Research downgraded Sony Group from a “buy” rating to a “sell” rating and set a $115.00 price target for the company. in a research report on Friday, February 4th. StockNews.com assumed coverage on Sony Group in a research report on Thursday, March 31st. They set a “hold” rating for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $115.00.
About Sony Group (Get Rating)
Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets worldwide. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home and portable game consoles, packaged software, and peripheral devices.
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