Sony Group (NYSE:SONY - Get Free Report) is projected to post its quarterly earnings results before the market opens on Wednesday, February 12th. Analysts expect Sony Group to post earnings of $0.27 per share and revenue of $22.08 billion for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.
Sony Group Price Performance
NYSE SONY traded up $0.41 on Wednesday, reaching $22.93. The company had a trading volume of 3,873,527 shares, compared to its average volume of 3,650,374. The stock has a market capitalization of $138.64 billion, a PE ratio of 18.76, a price-to-earnings-growth ratio of 10.96 and a beta of 0.96. Sony Group has a 12 month low of $15.02 and a 12 month high of $22.96. The company has a quick ratio of 0.49, a current ratio of 0.66 and a debt-to-equity ratio of 0.25. The firm's 50 day moving average price is $21.07 and its 200 day moving average price is $14.20.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on SONY shares. Sanford C. Bernstein initiated coverage on Sony Group in a research report on Thursday, January 16th. They issued an "outperform" rating on the stock. StockNews.com cut Sony Group from a "strong-buy" rating to a "buy" rating in a report on Tuesday, November 19th. Oppenheimer cut their target price on shares of Sony Group from $108.00 to $25.00 and set an "outperform" rating for the company in a report on Tuesday, November 12th. Finally, TD Cowen decreased their price target on shares of Sony Group from $107.00 to $23.00 and set a "buy" rating on the stock in a research note on Friday, October 11th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $24.00.
View Our Latest Stock Report on SONY
About Sony Group
(
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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.
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