Bernstein slashes price target on Sony Group Corporation ADR [SONY] – find out why.

Sony Group Corporation ADR [NYSE: SONY] gained 2.15% or 0.45 points to close at $21.37 with a heavy trading volume of 4090334 shares.

The daily chart for SONY points out that the company has recorded 16.56% gains over the past six months.

If we look at the average trading volume of 3.21M shares, SONY reached to a volume of 4090334 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Sony Group Corporation ADR [SONY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SONY shares is $23.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SONY stock is a recommendation set at 1.59. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Bernstein have made an estimate for Sony Group Corporation ADR shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 16, 2025. The new note on the price target was released on September 18, 2024, representing the official price target for Sony Group Corporation ADR stock.

The Average True Range (ATR) for Sony Group Corporation ADR is set at 0.37, with the Price to Sales ratio for SONY stock in the period of the last 12 months amounting to 1.45. The Price to Book ratio for the last quarter was 2.39, with the Price to Cash per share for the same quarter was set at 2.50. Price to Free Cash Flow for SONY in the course of the last twelve months was 6.03 with Quick ratio for the last quarter at 0.49.

Trading performance analysis for SONY stock

Sony Group Corporation ADR [SONY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.24. With this latest performance, SONY shares gained by 3.44% in over the last four-week period, additionally plugging by 16.56% over the last 6 months – not to mention a rise of 7.29% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SONY stock in for the last two-week period is set at 59.35, with the RSI for the last a single of trading hit 63.48, and the three-weeks RSI is set at 58.11 for Sony Group Corporation ADR [SONY]. The present Moving Average for the last 50 days of trading for this stock 20.45, while it was recorded at 20.83 for the last single week of trading, and 18.30 for the last 200 days.

Sony Group Corporation ADR [SONY]: A deeper dive into fundamental analysis

Sony Group Corporation ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.49 and a Current Ratio set at 0.66.

Sony Group Corporation ADR [SONY]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SONY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sony Group Corporation ADR go to 1.35%.

An analysis of Institutional ownership at Sony Group Corporation ADR [SONY]

The top three institutional holders of SONY stocks are: PRIMECAP MANAGEMENT CO/CA/ with ownership of 21.49 million shares, which is approximately 1.7456%. ARISTOTLE CAPITAL MANAGEMENT, LLC, holding 10.73 million shares of the stock with an approximate value of $$911.91 million in SONY stocks shares; and ARISTOTLE CAPITAL MANAGEMENT, LLC, currently with $$651.08 million in SONY stock with ownership which is approximately 0.6225%.