Sony Group Corporation ADR (NYSE: SONY) is -6.27% lower on its value in year-to-date trading and has touched a low of $15.02 and a high of $20.18 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SONY stock was last observed hovering at around $17.62 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $17.75, the stock is -4.29% and -4.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.56 million and changing 0.74% at the moment leaves the stock -0.03% off its SMA200. SONY registered 9.61% gain for a year compared to 6-month gain of 6.94%. The firm has a 50-day simple moving average (SMA 50) of $18.6804 and a 200-day simple moving average (SMA200) of $17.75619.
The stock witnessed a -7.71% loss in the last 1 month and extending the period to 3 months gives it a 0.42%, and is -1.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.84% over the week and 1.09% over the month.
Sony Group Corporation ADR (SONY) has around 113000 employees, a market worth around $107.07B and $87.68B in sales. Current P/E ratio is 46.71 and Fwd P/E is 14.37. Profit margin for the company is 7.53%. Distance from 52-week low is 18.16% and -12.02% from its 52-week high. The company has generated returns on investments over the last 12 months (10.63%).
with sales reaching $20.03B over the same period.The EPS is expected to grow by 13.39% this year, but quarterly earnings will post 11.00% year-over-year.
Sony Group Corporation ADR (SONY) Top Institutional Holders
The shares outstanding are 6.11B, and float is at 6.03B with Short Float at 0.18%.
The top institutional shareholder in the company is PRIMECAP MANAGEMENT CO/CA/ with over 21.49 million shares valued at $1.83 billion. The investor’s holdings represent 1.7456% of the SONY Shares outstanding. As of 2024-06-30, the second largest holder is ARISTOTLE CAPITAL MANAGEMENT, LLC with 10.73 million shares valued at $911.91 million to account for 0.8719 of the shares outstanding. The other top investors are FISHER ASSET MANAGEMENT, LLC which holds 7.66 million shares representing 0.6225% and valued at over $651.08 million, while BANK OF AMERICA CORP /DE/ holds 0.3759 of the shares totaling 4.63 million with a market value of $393.21 million.
Sony Group Corporation ADR (SONY) Insider Activity
#####
