Share Rating Recap: Sony Corp (NYSE:SNE)

Sony Corp (NYSE:SNE) shares traded 1.41% up during most recent session to reach at the closing price of $36.68. The stock exchanged hands 2.71 Million shares versus average trading capacity of 785.35 Million shares, yielding a market cap of $45.55 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $42.17 within the next 52-weeks. The mean target projections are based on 2 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Sony Corp (NYSE:SNE) high price target of $42.85 and with a conservative view have low price target of $41.5.

Bernstein “Initiates Coverage On” Sony Corp (NYSE:SNE) in a research note issued to investors on 4/25/17 to Outperform with price target of $41.

Additionally on 7/06/16 Deutsche Bank “Upgrades” Sony Corp (NYSE:SNE) to Buy setting price target at $ and on 4/21/16 JP Morgan “Downgrades” the stock to Neutral. Furthermore on 2/17/15 Jefferies “Maintained” the stock to Buy at $36.8.

On the other hand the company has Relative Strength Index (RSI 14) of 76.63 along with Average True Range (ATR 14) of 0.41, Consequently Sony Corp (NYSE:SNE)’s weekly and monthly volatility is 1.01%, 0.84% respectively. The company’s beta value is at 1.74.

In terms of Buy, Sell or Hold recommendations, Sony Corp (NYSE:SNE) has analysts’ mean recommendation of 1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Sony Corp (NYSE:SNE)’s minimum EPS for the current quarter is at $0.07 and can go high up to $0.07. The consensus mean EPS for the current quarter is at $0.07 derived from a total of 1 estimates from the analysts who have weighed in on projected earnings.

Previously Sony Corp (NYSE:SNE) reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $-0.23. The company posted an earnings surprise of -62.2%.

Sony Corp (NYSE:SNE)’s revenue estimates for the current quarter are $17.81 Billion according to 1 number of analysts, for the current quarter the company has high revenue estimates of $17.81 Billion in contradiction of low revenue estimates of $17.81 Billion. For the current year the company’s revenue estimates are $67.53 Billion compared to low analyst estimates of $67.53 Billion and high estimates of $67.53 Billion according to 1 number of analysts.

Currently Sony Corp (NYSE:SNE)’s shares owned by insiders are 0%, whereas shares owned by institutional owners are 7%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 2.94%.

Sony Corp (NYSE:SNE) 52-week high price stands at $36.21 and low price stands at $26.84, its price distance from 52-week high is 1.3% while its distance from 52-week low price is 36.66%. The stock hit its 52-week high on 05/26/17, and 52-week low on 06/27/16.

Sony Corp (NYSE:SNE)’s trailing twelve month revenues are $68 Billion, whereas its price to sales ratio for the same period is 0.67. Its book value per share for the most recent quarter is $17.68 while its price to book ratio for the same period is 2.07, as for as the company’s cash per share for the most recent quarter is $14.54, however its price to cash per share ratio for the same period is 2.52. The stock has 5 year expected PEG ratio of 3.34 whereas its trailing twelve month P/E ratio is 72.06.

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