It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed AM Best Affirms Credit Ratings of PMG Assurance Ltd..
Sony Group Corporation ADR is listed on the NYSE in the Technology sector while operating in the Consumer Electronics industry. At the end of the last regular session, the stock closed at $96.96 and fluctuated between $96.98 as its day high and $96.13 as its day low. The current market capitalization of Sony Group Corporation ADR is $119.53B. A total of 0.75 million shares were traded on the day, compared to an average of 835.22K shares.
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Sony Group Corporation ADR pays an annual dividend of $0.55, resulting in a dividend yield of 0.56%, and it has a price to earnings (P/E) ratio of 19.22.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for SONY in the last 3 months, the mean price target is $109.86 with high estimates of $135.40 and low estimates of $66.89. In terms of 52-week highs and lows, SONY has a high of $100.94 and a low of $79.62.
As of this writing, SONY has an earnings estimate of $Sonos, Inc. per share for the current quarter. EPS was calculated based on a consensus of Tidal ETF Trust II YieldMax COI estimates, with a high estimate of $Sanofi per share and a lower estimate of $Sony Group Corporation.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. SONY’s latest balance sheet shows that the firm has $2.56T in Cash & Short Term Investments as of fiscal 2022. There were $3.57T in debt and $8.76T in liabilities at the time. Its Book Value Per Share was $38.72, while its Total Shareholder’s Equity was $7.20T.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SONY is Buy with a score of 4.78.