Analyst Ratings for Sony Corp. ADR (SNE)Updated: 2017-07-26
Analysts covering Sony Corp. ADR (NYSE:SNE) have given it a consensus rating of Buy. Last month, SNE received an average rating of Buy.
A buy rating was issued by 20 analysts, 4 gave an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 3 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has decreased by 1.
SNE was given price targets by several analysts. The highest price target was 51.92, which equates to a potential upside of 28.04 percent. The lowest price target was 35.84, which equates to a potential downside of -11.62 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.17 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.71 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.33 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
SNE has an estimated earnings growth rate of 322.31 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SNE is 0.24.
SNE has a 52-week high of 40.82 and a 52-week low of 27.72. Currently the stock is 46.28 percent higher than its low, and 0.66 percent lower than its 52-week high. SNE has a price/earnings ratio of 78.38. Investors typically compare the P/E ratio to a company's peers in the industry. The SNE value stock report compares SNE to some of its peers using value stock charts. The stock has a market capitalization of $50.61 billion. SNE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.