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.
Many analysts weighed in on price targets for SNE. The most optimistic analyst gave a price target of 51.92, which equates to a potential upside of 28.04 percent. The most pessimistic analyst gave a price target of 35.84, implying potential capital losses 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.17 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.71 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.33 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, 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. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. SNE has a PEG ratio of 0.24.
In the last 52-weeks, SNE has achieved a high of 40.82 and a low of 27.72. Currently the stock is 46.28 percent higher than its low, and 0.66 percent below the high. SNE has a P/E 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 market cap of SNE is $50.61 billion. SNE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.