Many companies have performed stock splits this year as the bull market continues to run. Some notable companies that have pursued stock splits this year include Nvidia, Broadcom, Walmart, and Chipotle Mexican Grill. Sony is in the midst of a turnaround On the surface, divesting non-core assets may be seen as a risk due to the complex nature and time consumption of these transactions. I'd argue that Sony is simply in the middle of a turnaround, and has identified areas that are no longer pertinent to the lo ...

The investment community will be closely monitoring the performance of Sony in its forthcoming earnings report. The company is predicted to post an EPS of $1.08, indicating a 15.63% decline compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $17.42 billion, indicating a 4.68% growth compared to the corresponding quarter of the prior year. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections ...

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 0.32% lower. Sony currently has a Zacks Rank of #3 (Hold). In terms of valuation, Sony is currently trading at a Forward P/E ratio of 17.14. This expresses a discount compared to the average Forward P/E of ...

Valuation is also important, so investors should note that Sony has a Forward P/E ratio of 14.8 right now. This denotes a discount relative to the industry's average Forward P/E of 21.16. Shares of the electronics and media company have appreciated by 5.62% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 2.11% and the S&P 500's gain of 3.38%. The investment community will be closely monitoring the performance of Sony in its forthcoming earnings report. The compan ...

Over the past month, shares of this electronics and media company have returned +5.6%, compared to the Zacks S&P 500 composite's +3.4% change. During this period, the Zacks Audio Video Production industry, which Sony falls in, has gained 2.5%. The key question now is: What could be the stock's future direction? Earnings Estimate Revisions Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from/to or ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15 ...

It's been more than 20 years since Sony's last stock split. The company's long-term performance since its last split doesn't leave much to be desired, and it's in the middle of some complex restructuring initiatives that are weighing on profits. As a result, there's a potential catalyst in sight that could be what Sony needs to ignite its business to the next level. Sony is one of the latest tech giants to announce a stock split. Last month, Japanese conglomerate Sony Group (SONY -0.37%) announced a 5-for-1 ...

Shares of the electronics and media company have appreciated by 0.04% over the course of the past month, underperforming the Consumer Discretionary sector's gain of 0.56% and the S&P 500's gain of 3.15%. For the full year, the Zacks Consensus Estimates are projecting earnings of $5.60 per share and revenue of $80.11 billion, which would represent changes of +2.94% and -5.03%, respectively, from the prior year. Research indicates that these estimate revisions are directly correlated with near-term share pric ...

Over the past month, shares of this electronics and media company have returned +0.6%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Audio Video Production industry, which Sony falls in, has gained 9.8%. The key question now is: What could be the stock's future direction? Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a compa ...

Sony Pictures announced Wednesday it purchased dine-in movie theater chain Alamo Drafthouse for an undisclosed amount, more than three years after Alamo filed for bankruptcy during the thick of the COVID-19 pandemic, which crushed theatrical revenue and delayed scores of major movies. Timeline Alamo's founder, Tim League, steps down as the chain's CEO to transition to its executive chairman and is replaced by former Disney executive Shelli Taylor. Topline GC Images The COVID-19 pandemic shutters theaters gl ...