Sony Group (SONY) to Release Quarterly Earnings on Wednesday

Sony Group (NYSE:SONY) is expected to be posting its quarterly earnings results before the market opens on Wednesday, February 12th. Analysts expect Sony Group to post 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

SONY stock opened at $22.41 on Tuesday. The business has a 50 day moving average of $21.30 and a 200-day moving average of $14.74. The firm has a market cap of $135.50 billion, a PE ratio of 18.33, a P/E/G ratio of 11.46 and a beta of 0.96. Sony Group has a 12-month low of $15.02 and a 12-month high of $23.05. The company has a quick ratio of 0.49, a current ratio of 0.66 and a debt-to-equity ratio of 0.25.

Wall Street Analyst Weigh In

SONY has been the subject of a number of recent research reports. StockNews.com downgraded Sony Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 19th. Oppenheimer decreased their price objective on Sony Group from $108.00 to $25.00 and set an “outperform” rating for the company in a report on Tuesday, November 12th. Finally, Sanford C. Bernstein started coverage on Sony Group in a research note on Thursday, January 16th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $24.00.

About Sony Group

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.