Somewhat Positive Media Coverage Somewhat Unlikely to Affect Sony Corp (SNE) Share Price
News headlines about Sony Corp (NYSE:SNE) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sony Corp earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the company an impact score of 44.2947362036309 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern’s rankings:
- Interesting SNE Put And Call Options For November 10th (stockoptionschannel.com)
- Seeking Virtues in Virtual Reality Stocks (money.usnews.com)
- Will ‘NBA 2K18’ Or ‘Shadow Of War’ Be A Breaking Point For Microtransactions? (finance.yahoo.com)
- Destiny 2’s Faction Rally Is Surprisingly Fun And Possibly Broken (finance.yahoo.com)
- The Mysterious Ataribox Will Cost Between $250-300 And Launch In Spring 2018 (finance.yahoo.com)
Sony Corp (NYSE SNE) traded up 1.69% on Friday, reaching $37.34. 608,471 shares of the company were exchanged. Sony Corp has a 12-month low of $27.72 and a 12-month high of $41.65. The firm has a market capitalization of $47.17 billion, a P/E ratio of 39.18 and a beta of 1.77. The firm has a 50-day moving average of $39.27 and a 200 day moving average of $36.56.
Sony Corp (NYSE:SNE) last issued its quarterly earnings data on Tuesday, August 1st. The company reported $0.56 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.08. The company had revenue of $1,858.10 billion for the quarter, compared to the consensus estimate of $1,735.86 billion. Sony Corp had a net margin of 5.08% and a return on equity of 12.75%. The firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $16.44 earnings per share. On average, equities analysts predict that Sony Corp will post $2.21 earnings per share for the current year.
Several research firms have commented on SNE. Jefferies Group LLC reissued a “buy” rating and set a $45.74 target price on shares of Sony Corp in a research report on Thursday, August 3rd. Zacks Investment Research raised shares of Sony Corp from a “hold” rating to a “strong-buy” rating and set a $47.00 target price on the stock in a research report on Thursday, August 3rd. BidaskClub lowered shares of Sony Corp from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 8th. Credit Suisse Group lowered shares of Sony Corp from an “outperform” rating to a “neutral” rating in a research note on Tuesday, September 19th. Finally, Citigroup Inc. lowered shares of Sony Corp from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $40.60 to $39.93 in a research note on Monday, September 11th. Two analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $43.42.
Sony Corp Company Profile
Sony Corporation (Sony) is engaged in the development, design, manufacture and sale of various kinds of electronic equipment, instruments and devices for consumer, professional and industrial markets, as well as game consoles and software. The Company’s segments include Mobile Communications, Game & Network Services, Imaging Products & Solutions, Home Entertainment & Sound, Devices, Pictures, Music, Financial Services and All Other.
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