Sony Group Corporation ADR (NYSE: SONY) is 15.88% higher on its value in year-to-date trading and has touched a low of $15.02 and a high of $24.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SONY stock was last observed hovering at around $24.14 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $24.52, the stock is 10.26% and 13.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.07 million and changing 1.57% at the moment leaves the stock 30.44% off its SMA200. SONY registered 33.62% gain for a year compared to 6-month gain of 38.59%.
The stock witnessed a 20.61% loss in the last 1 month and extending the period to 3 months gives it a 32.54%, and is 9.37% 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 2.00% over the week and 1.43% over the month.
Sony Group Corporation ADR (SONY) has around 113000 employees, a market worth around $147.74B and $91.18B in sales. Current P/E ratio is 19.96 and Fwd P/E is 19.64. Profit margin for the company is 8.20%. Distance from 52-week low is 63.23% and 1.11% from its 52-week high. The company has generated returns on investments over the last 12 months (11.55%).
with sales reaching $3.02T over the same period.The EPS is expected to grow by 13.55% this year, but quarterly earnings will post 2,630.71% year-over-year. Quarterly sales are estimated to shrink -13.30% in year-over-year returns.
Sony Group Corporation ADR (SONY) Top Institutional Holders
The shares outstanding are 6.03B, and float is at 6.03B 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 03 ’24, VINCIQUERRA ANTHONY J (Officer) Proposed Sale 500,000 shares at an average price of $20.35 for $10.18 million. The insider now directly holds shares of Sony Group Corporation ADR (SONY).
