Sony (SONY) closed at $20.77 in the latest trading session, marking a -0.67% move from the prior day. This change lagged the S&P 500's daily gain of 0.16%. On the other hand, the Dow registered a gain of 0.25%, and the technology-centric Nasdaq decreased by 0.06%.Shares of the electronics and media company have depreciated by 6.31% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 6.18% and the S&P 500's loss of 2.7%.Market participants will be closely following ...

For Immediate ReleasesChicago, IL – January 9, 2024 – Zacks.com announces the list of stocks and featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include, Amazon.com, Inc. (AMZN) , The Procter & Gamble Co. (PG) , Sony Group Corp. (SONY) and The Monarch Cement Co. (MCEM) .Here are highlights from Thursday’s Analyst Blog:Top Stock Reports for Amazon, Procter & Gamble an ...

Technology company Sony Group Corp SONY has added electric vehicles to the list of items to carry its growth into the future and its latest model is nearing a launch with new details shared at the 2025 CES Conference.What Happened: There are many competitors in the electric vehicle sector, but only one can also lay claim to inventing items like the Walkman and PlayStation and being instrumental in the latest and greatest technology advancements for music, movies and gaming.Sony has been dipping its toes int ...

Sony Group Corporation (SONY) is experiencing strong growth driven by sustained momentum in its Game & Network Services (“G&NS”) and Music segments. Additionally, the company has been enhancing its business operations through strategic acquisitions and joint ventures. Shares of the company have gained 23.1% in the past six months compared with the industry's growth of 20.8%.Image Source: Zacks Investment ResearchWith healthy fundamentals, this Zacks Rank #2 (Buy) stock appears to be a solid investment optio ...

Sony (SONY) closed the latest trading day at $21.46, indicating a +1.32% change from the previous session's end. This move outpaced the S&P 500's daily loss of 1.11%. Elsewhere, the Dow lost 0.77%, while the tech-heavy Nasdaq lost 1.49%.Shares of the electronics and media company witnessed a gain of 7.19% over the previous month, beating the performance of the Consumer Discretionary sector with its loss of 0.11% and the S&P 500's gain of 0.4%.Analysts and investors alike will be keeping a close eye on the p ...

Sony Group Corporation (SONY) announced a strategic capital and business tie-up with KADOKAWA CORPORATION ("KADOKAWA"), aimed at transforming the global entertainment landscape. The agreement includes a third-party allotment by KADOKAWA to Sony, scheduled for Jan. 7, 2025, where Sony will acquire 12,054,100 new KADOKAWA shares for nearly ¥50 billion. With this acquisition, Sony is set to become KADOKAWA’s largest shareholder, holding around 10% of its shares, including those acquired in February 2021.Sony a ...

Sony (SONY) ended the recent trading session at $21.18, demonstrating a +0.19% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.04%. Elsewhere, the Dow gained 0.07%, while the tech-heavy Nasdaq lost 0.05%.The the stock of electronics and media company has risen by 6.98% in the past month, leading the Consumer Discretionary sector's loss of 0.56% and the S&P 500's gain of 1.05%.Analysts and investors alike will be keeping a close eye on the ...

Earnings and Revenue Estimates - The Zacks Consensus Estimates anticipate earnings of $1 17 per share and revenue of $82 4 billion for the annual period, representing a +7 34% increase in earnings and a -2 32% decrease in revenue compared to the previous year [1] - For the forthcoming earnings report, the company is predicted to post an EPS of $0 27, indicating a 32 5% decline compared to the same quarter last year, while revenue is expected to be $23 59 billion, a 7 05% decrease year-over-year [8] Stock Performance - Sony's shares have increased by 8 34% over the last month, outperforming the Consumer Discretionary sector's gain of 0 49% and the S&P 500's loss of 0 71% [2] - In the latest market close, Sony reached $21 02, with a +1 74% movement compared to the previous day, outperforming the S&P 500's daily gain of 1 09%, the Dow's gain of 1 18%, and the Nasdaq's gain of 1 03% [7] Valuation Metrics - Sony currently has a PEG ratio of 13 09, which is in line with the Audio Video Production industry's average PEG ratio [5] - The company is trading at a Forward P/E ratio of 17 67, representing a discount relative to the industry's average Forward P/E of 25 76 [10] Analyst Revisions and Rankings - Recent revisions to analyst forecasts for Sony reflect evolving short-term business trends, with upward revisions indicating analysts' positivity towards the company's business operations and profitability [3] - Sony currently carries a Zacks Rank of 2 (Buy), and the Zacks Rank system has a strong track record of outperformance, with 1 ranked stocks yielding an average annual return of +25% since 1988 [4][9] Industry Overview - The Audio Video Production industry, part of the Consumer Discretionary sector, currently holds a Zacks Industry Rank of 19, placing it within the top 8% of over 250 industries [11] - Research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, as measured by the Zacks Industry Rank [6]

ANSYS, Inc. (ANSS) has joined forces with Sony Semiconductor Solutions Corporation to elevate the validation of perception systems for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AVs). This collaboration leverages Ansys AVxcelerate Sensors to simulate real-world lighting and weather conditions, such as rain, fog and snow, ensuring a high-fidelity evaluation of camera sensors and improving accuracy, safety and performance in AV systems.By integrating Sony's HDR sensor models into Ansys ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...