Press coverage about Sony (NYSE:SNE) has been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sony earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.2558430393229 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

Shares of Sony (NYSE:SNE) traded up $1.37 on Wednesday, hitting $48.59. 1,343,292 shares of the company’s stock were exchanged, compared to its average volume of 1,430,286. Sony has a 1-year low of $30.70 and a 1-year high of $53.91. The firm has a market capitalization of $60,991.90, a PE ratio of 13.20 and a beta of 1.55. The company has a current ratio of 0.92, a quick ratio of 0.80 and a debt-to-equity ratio of 0.16.

Sony (NYSE:SNE) last announced its quarterly earnings results on Friday, February 2nd. The company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.74. Sony had a net margin of 6.29% and a return on equity of 15.00%. The business had revenue of $2,672.32 billion during the quarter, compared to analysts’ expectations of $2,560.40 billion. During the same period last year, the business earned $15.55 earnings per share. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. equities analysts forecast that Sony will post 3.3 earnings per share for the current year.

Several equities research analysts recently issued reports on the stock. ValuEngine upgraded shares of Sony from a “hold” rating to a “buy” rating in a research report on Saturday, February 3rd. JPMorgan Chase & Co. cut shares of Sony from an “overweight” rating to a “neutral” rating in a research report on Tuesday, January 23rd. Zacks Investment Research upgraded shares of Sony from a “hold” rating to a “strong-buy” rating and set a $52.00 price target for the company in a research report on Tuesday, January 2nd. Finally, Jefferies Group reiterated a “buy” rating and set a $59.84 price target on shares of Sony in a research report on Friday, November 17th. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $48.19.

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About Sony

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, Semiconductors, Component, Films, Music, Financial Services and All Other.

Insider Buying and Selling by Quarter for Sony (NYSE:SNE)

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