SONY Stock Summary and Trading Ideas (Sony Group American Depositary Shares | NYSE:SONY)

Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments.

Sony Group American Depositary Shares trades on the NYSE stock market under the symbol SONY.

As of September 27, 2024, SONY stock price declined to $97.06 with 420,613 million shares trading.

SONY has a beta of 1.37, meaning it tends to be more sensitive to market movements. SONY has a correlation of 0.30 to the broad based SPY ETF.

SONY has a market cap of $586.99 billion. This is considered a Mega Cap stock.

Last quarter Sony Group American Depositary Shares reported $19 billion in Revenue and $1.22 earnings per share. This beat revenue expectation by $2 billion and exceeded earnings estimates by $.12.

In the last 3 years, SONY traded as high as $133.75 and as low as $61.72.

The top ETF exchange traded funds that SONY belongs to (by Net Assets): AVDE, APIE, AVIV, DFAX, PID.

SONY has underperformed the market in the last year with a return of +19.4%, while SPY returned +36.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SONY shares. However, SONY has outperformed the market in the last 3 month and 2 week periods, returning +17.1% and +3.7%, while SPY returned +5.3% and +2.7%, respectively. This indicates SONY has been having a stronger performance recently.

SONY support price is $97.17 and resistance is $100.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SONY shares will trade within this expected range on the day.