Sony Group(SONY) ZACKS·2024-12-20 23:51Earnings 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]