That’s why I Feel Comfortable With Sony Group Corporation ADR’s (SONY) Future

At the time of writing, Sony Group Corporation ADR [SONY] stock is trading at $98.65, up 2.75%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SONY shares have gain 5.81% over the last week, with a monthly amount glided 2.69%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Sony Group Corporation ADR [NYSE: SONY] stock has seen the most recent analyst activity on September 18, 2024, when Daiwa Securities downgraded its rating to a Outperform. Previously, Macquarie downgraded its rating to Neutral on February 15, 2024. On December 12, 2023, Wolfe Research initiated with a Outperform rating. The Benchmark Company started tracking the stock assigning a Buy rating. Goldman upgraded its rating to a Buy. In a note dated July 08, 2022, Macquarie upgraded an Outperform rating on this stock.

For the past year, the stock price of Sony Group Corporation ADR fluctuated between $75.11 and $100.88. Currently, Wall Street analysts expect the stock to reach $105 within the next 12 months. Sony Group Corporation ADR [NYSE: SONY] shares were valued at $98.65 at the most recent close of the market. An investor can expect a potential return of 6.44% based on the average SONY price forecast.

Analyzing the SONY fundamentals

According to Sony Group Corporation ADR [NYSE:SONY], the company’s sales were 87.68B for trailing twelve months, which represents an -10.31% plunge. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.13 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.53.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 97.80 points at the first support level, and at 96.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 99.12, and for the 2nd resistance point, it is at 99.59.

Ratios To Look Out For

It is important to note that Sony Group Corporation ADR [NYSE:SONY] has a current ratio of 0.63. Further, the Quick Ratio stands at 0.47, while the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 1.37, the price to book ratio is 2.46 and price to earnings (TTM) ratio is 18.40.

Transactions by insiders

Recent insider trading involved AJV TRUST, Officer, that happened on Aug 21 ’24 when 44675.0 shares were purchased.

Related Posts