Sony (SONY) Increases Despite Market Slip: Here's What You Need to Know

Company Performance - Sony's stock closed at $21.46, reflecting a +1.32% change, outperforming the S&P 500's loss of 1.11% [1] - Over the past month, Sony's shares gained 7.19%, surpassing the Consumer Discretionary sector's loss of 0.11% and the S&P 500's gain of 0.4% [9] Earnings Estimates - For the full year, earnings are projected at $1.17 per share, representing a +7.34% change, while revenue is expected to be $82.4 billion, indicating a -2.32% change from the prior year [2] - Upcoming earnings per share (EPS) are projected at $0.27, reflecting a 32.5% decrease from the same quarter last year, with revenue estimated at $23.59 billion, down 7.05% from the prior-year quarter [5] Valuation Metrics - Sony has a PEG ratio of 13.41, which is in line with the average PEG ratio of Audio Video Production stocks [7] - The company is currently traded at a Forward P/E ratio of 18.11, which is a discount compared to the industry average Forward P/E of 26.47 [11] Industry Context - The Audio Video Production industry is part of the Consumer Discretionary sector and holds a Zacks Industry Rank of 15, placing it in the top 6% of over 250 industries [4] - The Zacks Rank system indicates that 1 ranked stocks have yielded an average annual return of +25% since 1988, with Sony currently holding a Zacks Rank of 2 (Buy) [3][6]