Sony Group Corporation ADR (NYSE: SONY) is -1.56% lower on its value in year-to-date trading and has touched a low of $15.02 and a high of $22.71 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 $21.37 in the last trading session, with the day’s loss setting it -0.54%.
Currently trading at $20.83, the stock is -0.11% and 1.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.87 million and changing -2.53% at the moment leaves the stock 13.72% off its SMA200. SONY registered 5.47% gain for a year compared to 6-month gain of 16.77%. The firm has a 50-day simple moving average (SMA 50) of $20.47 and a 200-day simple moving average (SMA200) of $18.31719.
The stock witnessed a -0.90% loss in the last 1 month and extending the period to 3 months gives it a 16.43%, and is 2.46% up 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 1.07% over the week and 1.17% over the month.
Sony Group Corporation ADR (SONY) has around 113000 employees, a market worth around $123.76B and $87.58B in sales. Current P/E ratio is 17.05 and Fwd P/E is 16.88. Profit margin for the company is 8.55%. Distance from 52-week low is 38.66% and -8.28% from its 52-week high. The company has generated returns on investments over the last 12 months (11.05%).
with sales reaching $3.75T over the same period.The EPS is expected to grow by 11.91% this year, but quarterly earnings will post 2,599.49% year-over-year. Quarterly sales are estimated to grow 9.10% in year-over-year returns.
Sony Group Corporation ADR (SONY) Top Institutional Holders
The shares outstanding are 6.03B, and float is at 5.94B with Short Float at 0.13%.
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
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Still, SEC filings show that on Dec 02 ’24, VINCIQUERRA ANTHONY J (Officer) Proposed Sale 500,000 shares at an average price of $20.00 for $10.0 million. The insider now directly holds shares of Sony Group Corporation ADR (SONY).
