Sony Group (SONY) Projected to Post Quarterly Earnings on Wednesday

Sony Group (NYSE:SONY) is expected to announce its earnings results before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $22.08 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Sony Group Stock Performance

NYSE:SONY opened at $22.53 on Wednesday. Sony Group has a 52-week low of $15.02 and a 52-week high of $22.71. The business’s fifty day moving average is $21.07 and its 200 day moving average is $14.20. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.49 and a current ratio of 0.66. The firm has a market cap of $136.27 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 10.96 and a beta of 0.95.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on SONY shares. Sanford C. Bernstein assumed coverage on shares of Sony Group in a report on Thursday, January 16th. They issued an “outperform” rating on the stock. TD Cowen lowered their target price on shares of Sony Group from $107.00 to $23.00 and set a “buy” rating on the stock in a research note on Friday, October 11th. StockNews.com lowered shares of Sony Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. Finally, Oppenheimer lowered their price objective on Sony Group from $108.00 to $25.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 12th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Sony Group has a consensus rating of “Buy” and an average target price of $24.00.

Sony Group Company Profile

Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices.