A new trading day began on Friday, with Sony Group Corporation ADR (NYSE: SONY) stock price down -0.40% from the previous day of trading, before settling in for the closing price of $17.69. SONY’s price has ranged from $15.02 to $20.18 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 3.14% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 13.54%. With a float of $6.03 billion, this company’s outstanding shares have now reached $6.11 billion.
In an organization with 113000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 29.02%, operating margin of 9.16%, and the pretax margin is 9.96%.
Sony Group Corporation ADR (SONY) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Consumer Electronics Industry. The insider ownership of Sony Group Corporation ADR is 0.00%, while institutional ownership is 7.58%. The most recent insider transaction that took place on Aug 21 ’24, was worth 4,102,353.
Sony Group Corporation ADR (SONY) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.22 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.69% during the next five years compared to 33.11% growth over the previous five years of trading.
Sony Group Corporation ADR (NYSE: SONY) Trading Performance Indicators
Here are Sony Group Corporation ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21. Likewise, its price to free cash flow for the trailing twelve months is 6.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.38, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.24 in one year’s time.
Technical Analysis of Sony Group Corporation ADR (SONY)
Let’s dig in a bit further. During the last 5-days, its volume was 2.6 million. That was inferior than the volume of 3.93 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 11.96%. Additionally, its Average True Range was 0.31.
During the past 100 days, Sony Group Corporation ADR’s (SONY) raw stochastic average was set at 45.27%, which indicates a significant increase from 11.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.62% in the past 14 days, which was lower than the 27.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.69, while its 200-day Moving Average is $17.76. However, in the short run, Sony Group Corporation ADR’s stock first resistance to watch stands at $17.68. Second resistance stands at $17.75. The third major resistance level sits at $17.82. If the price goes on to break the first support level at $17.55, it is likely to go to the next support level at $17.48. Assuming the price breaks the second support level, the third support level stands at $17.41.
Sony Group Corporation ADR (NYSE: SONY) Key Stats
With a market capitalization of 106.29 billion, the company has a total of 1,234,223K Shares Outstanding. Currently, annual sales are 89,843 M while annual income is 6,697 M. The company’s previous quarter sales were 19,275 M while its latest quarter income was 1,482 M.