Core Viewpoint - Sony's stock has underperformed recently, returning -5.6% over the past month compared to the S&P 500's +3.2% and the Zacks Audio Video Production industry's -4.6% [1] Earnings Estimates - Sony is expected to post earnings of $0.27 per share for the current quarter, reflecting a year-over-year increase of +22.7% [4] - The consensus earnings estimate for the current fiscal year is $1.12, indicating a year-over-year change of +2.8%, which has remained unchanged over the last 30 days [4] - For the next fiscal year, the consensus earnings estimate is $1.21, representing an increase of +8.4% from the previous year, also unchanged over the past month [5] Revenue Growth - The consensus sales estimate for Sony is $20.33 billion for the current quarter, indicating a year-over-year change of +7.7% [8] - The sales estimates for the current and next fiscal years are $90.07 billion and $88.94 billion, reflecting changes of +6.8% and -1.3%, respectively [8] Recent Performance - In the last reported quarter, Sony achieved revenues of $19.32 billion, a year-over-year increase of +16.1% [9] - The reported revenues exceeded the Zacks Consensus Estimate of $17.42 billion by +10.88%, with an EPS surprise of +9.91% [10] - Over the last four quarters, Sony surpassed consensus EPS estimates three times and revenue estimates three times [10] Valuation - Sony is graded A on the Zacks Value Style Score, indicating it is trading at a discount to its peers [14] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for determining whether the stock is fairly valued [12][13] Conclusion - The current Zacks Rank of 3 suggests that Sony may perform in line with the broader market in the near term [15]

Sony Group Corporation (SONY) is scheduled to report second-quarter fiscal 2024 earnings on Nov. 8.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for earnings is pegged at 27 cents per share, indicating a rise of 22.7% from the year-ago reported figure. The consensus estimate for revenues is pegged at $20.3 billion, suggesting growth of 7.7% from the prior-year actuals.The company’s earnings surpassed the Zacks Consensus Estimate in three of the last fo ...

In the latest market close, Sony (SONY) reached $18.05, with a +1.75% movement compared to the previous day. This change outpaced the S&P 500's 1.23% gain on the day. Elsewhere, the Dow saw an upswing of 1.02%, while the tech-heavy Nasdaq appreciated by 1.43%.Prior to today's trading, shares of the electronics and media company had lost 7.28% over the past month. This has lagged the Consumer Discretionary sector's gain of 1.35% and the S&P 500's loss of 0.54% in that time.The investment community will be cl ...

Sony (SONY) closed the latest trading day at $17.98, indicating a +0.73% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.33%. On the other hand, the Dow registered a loss of 0.22%, and the technology-centric Nasdaq decreased by 0.56%. The electronics and media company's stock has dropped by 7.8% in the past month, falling short of the Consumer Discretionary sector's gain of 0.99% and the S&P 500's gain of 1.83%. The upcoming earnings release of Sony wil ...

News in brief: Getac aims to take a new step towards a sustainable world by adopting SORPLAS™ from Sony Semiconductor Solutions (SSS) in its premium rugged products, beginning with the recently launched S510 rugged laptop and K120 fully rugged tablet. SORPLAS is an environmentally conscious plastic developed and provided by SSS, which can achieve up to 99% utilization rate of recycled materials. The announcement reaffirms Getac's collaboration with SSS to delivering long-term sustainability in the technolog ...

The most recent trading session ended with Sony (SONY) standing at $17.75, reflecting a +0.74% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.27%. Meanwhile, the Dow experienced a rise of 0.65%, and the technology-dominated Nasdaq saw an increase of 0.26%. The electronics and media company's stock has dropped by 8.38% in the past month, falling short of the Consumer Discretionary sector's gain of 1.51% and the S&P 500's gain of 2%. Investors will be eagerly ...

The Japanese conglomerate still doesn't get as much attention as its U.S. peers.Sony (SONY -0.66%) is one of the world's top gaming, film production, and music publishing companies. It also sells consumer electronics and image sensors, and it's getting ready to spin off its financial services group over the next few years.Over the past 10 years, Sony's stock price has risen nearly 430%. But with a market cap of $110 billion, the Japanese conglomerate is still a lot less valuable than Walt Disney, which is w ...

The Zacks Audio Video Production industry participants are concentrating on the premium segment of the branded products market for business growth. Sony Group Corporation (SONY) , Dolby Laboratories (DLB) , and LiveOne (LVO) are likely to benefit from investments in cutting-edge technology solutions that create better communication experiences. Easing of supply chain issues is likely to aid the performance of these companies. However, muted consumer discretionary spending amid weak global macroeconomic cond ...

Sony Group Corporation (NYSE: SONY ) is an undervalued conglomerate that is likely to reprice higher in the coming quarters on the strength of its intellectual property and financial services, among other segments that may perform well. Sony has multiple Zvi provides advisory services to companies, trusts, and individuals, including consulting expert services regarding retirement and estate planning. Zvi is admitted to practice law in the state of New York, where he offers cash management, Bitcoin, and Trus ...

Stock splits tend to be good news for a company. Will it be the same for Sony? This is the year of stock splits, it seems. Retail behemoth Walmart was the trendsetter, executing its split in February with dozens of companies following suit. The highest-profile splits came in the summer when the anointed leader of the artificial intelligence (AI) boom, Nvidia, split its stock 10-for-1, and the hottest fast-food stock, Chipotle Mexican Grill, executed one of the largest in history, splitting its stock 50-for- ...