News coverage about Sony (NYSE:SNE) has been trending positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sony earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned headlines about the company an impact score of 44.9489725175522 out of 100, indicating that recent press 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 headlines that may have effected Accern Sentiment’s analysis:
- After Replaying ‘Destiny 1,’ Here Are 10 Things I Miss The Most (finance.yahoo.com)
- Hot Stock under Review – Sony Corporation (NYSE: SNE) – Alpha Beta Stock (alphabetastock.com)
- Mobile: The Monkey On Sony Corporation’s Back – Seeking Alpha (seekingalpha.com)
- The Question Isn’t If Blizzard Will Make Its Own ‘PUBG,’ But How And When (finance.yahoo.com)
- ‘Destiny 2’ Needs Powerful, Collectible Armor Sets To Help It Return To Its RPG Roots (finance.yahoo.com)
Shares of Sony (NYSE:SNE) traded down $1.08 during midday trading on Tuesday, reaching $48.95. The company’s stock had a trading volume of 1,388,768 shares, compared to its average volume of 912,911. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.71 and a current ratio of 0.86. The firm has a market capitalization of $61,240.00, a P/E ratio of 26.90 and a beta of 1.80. Sony has a 12-month low of $29.16 and a 12-month high of $50.82.
Sony (NYSE:SNE) last issued its earnings results on Tuesday, October 31st. The company reported $0.90 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.36. Sony had a return on equity of 7.97% and a net margin of 3.17%. equities research analysts forecast that Sony will post 2.88 EPS for the current year.
A number of research firms recently commented on SNE. ValuEngine raised Sony from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research downgraded Sony from a “buy” rating to a “hold” rating in a research note on Monday, October 30th. Credit Suisse Group downgraded Sony from an “outperform” rating to a “neutral” rating in a research note on Tuesday, September 19th. Jefferies Group reaffirmed a “buy” rating and issued a $45.74 price target on shares of Sony in a research note on Tuesday, October 24th. Finally, Morgan Stanley downgraded Sony from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, October 11th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $48.19.
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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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