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Sony Corporation (SNE)

NYSE - NYSE Delayed Price. Currency in USD
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81.60+4.13 (+5.33%)
At close: 4:00PM EDT

83.59 +1.99 (2.44%)
Before hours: 4:15AM EDT

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Commodity Channel Index

Commodity Channel Index

Previous Close77.47
Open81.90
Bid0.00 x 1200
Ask0.00 x 800
Day's Range79.11 - 81.95
52 Week Range50.94 - 84.15
Volume2,709,568
Avg. Volume1,047,052
Market Cap100.391B
Beta (5Y Monthly)1.10
PE Ratio (TTM)17.15
EPS (TTM)4.76
Earnings DateN/A
Forward Dividend & Yield0.46 (0.59%)
Ex-Dividend DateMar 27, 2020
1y Target Est106.89
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
21% Est. Return
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  • Bloomberg

    Turns Out, People Do Buy Gadgets in a Pandemic

    (Bloomberg Opinion) -- Consumer lethargy is a real risk as Covid-19 spreads unabated. A jump in revenue and profit at Samsung Electronics Co. answers a question economists and investors have been mulling since the start of the year: What people buy in a pandemic.As it turns out, gadgets. Smartphones and flat-screen TVs weren’t around when the Spanish flu struck a century ago, but they’re a hot item now. Samsung’s handset business jumped 50% for the September quarter from the previous period, helped by the launch of new iterations of its flagship Galaxy series. The company also managed to leverage cost-saving measures, including lower marketing spending, to boost earnings from the June quarter. Consumer indulgence didn’t end there — Samsung’s lineup of earbuds, watches and tablets also helped drive the bottom line. But the benefits of bored consumers and profligate government stimulus packages went further, into TVs and flat-screen monitors. Even its memory-chip business enjoyed a surge in demand, because PCs and handsets are greedy users of such components, especially in high-end models. The company’s sheer size comes into play: Shipments were higher than expected despite lower prices (which are purely a function of supply and demand), an indication that it can leverage economies of scale. The South Korean giant, like its global peers, will have to wait until at least next year for a real recovery to come. In the interim, it’s warning of a fourth-quarter downturn, particularly in smartphones and chips. Some of that will be due to macroeconomic malaise, while new products, such as Apple Inc.’s latest iPhone and Sony Corp.’s forthcoming PlayStation 5, will also vie for consumer budgets.Samsung will get through it all. But just like consumers, tired of quarantine lockdowns and travel restrictions, the company will first have to get through a bleak winter. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Sony Surges After Increase in Forecast on Gaming Demand
    Bloomberg

    Sony Surges After Increase in Forecast on Gaming Demand

    (Bloomberg) -- Sony Corp. shares soared after the company raised its fiscal-year operating profit outlook by 13%, with a surge in video-game demand from home-bound consumers.The forecast of 700 billion yen ($6.7 billion), up from a previous 620 billion yen, surpassed the average analyst expectation of 658.9 billion yen and precedes the PlayStation 5’s highly anticipated November debut. Sony’s stock climbed as much as 5.8% in Tokyo, their biggest intraday gain since March.Sony aims to sell more than 7.6 million PS5 units by the end of March, more than the PS4 managed in its first fiscal year, Chief Financial Officer Hiroki Totoki said.Sony’s outlook hike underscores how the entertainment giant is benefiting from a global Covid-era consumer shift. While sales of its smartphone image sensors have been hit by U.S.-China trade tensions, the Japanese company is drawing gamers to its online services. Sony is betting that the PS5 will help it outdo Nintendo Co. during the all-important holidays and drive growth.Hardware sales of the new console are likely to contribute “a small minus” to Sony’s bottom line over its first few months, the CFO added, confirming expectations that it will be a loss leader to begin with.“Sony will spend a lot of money to deliver many units of the PlayStation 5 to the U.S., probably by air,” said Ace Research Institute analyst Hideki Yasuda. “The hardware would be sold at a slight loss as well.”Operating profit for the three-month period ended Sept. 30 rose 14% to 318 billion yen, outstripping expectations. Game software sales in the quarter were 331 billion yen, down from the 432.5 billion of the prior three months. Sony now has 45.9 million members signed up for its PlayStation Plus subscription, up from 45 million in the prior quarter.Key takeaways:Sony sees improved profits in all segments except for imaging and sensingRaising fiscal-year operating profit forecast for gaming division to 300 billion yen from 240 billion yenCompany cites software, mainly add-ons, for improved gaming outlookMonthly active PlayStation users declined to 10.7 million from 11.4 million quarter-on-quarterSony Interactive Entertainment Chief Executive Officer Jim Ryan told Reuters the company pre-sold as many PS5 units in the device’s first 12 hours of availability as it did in the PS4’s first 12 weeks.The novel coronavirus continued to weigh on Sony’s motion picture business, as many theaters around the world remained far shy of capacity, though the company’s movie prospects may be headed for a bump in the next quarter, according to Bloomberg Intelligence analyst Masahiro Wakasugi. This is largely thanks to the runaway success of a Demon Slayer movie released to theaters on Oct. 16, recording the fastest box office debut in Japan with 10.8 billion yen earned in its first 10 days. The movie’s revenue is part of the group’s music segment.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Barrons.com

    AMD Dropped on Its Big Xilinx Merger. Why Some Analysts Are Cheering the Stock.

    Advanced Micro Devices’ $35 billion acquisition of Xilinx has upended the thesis around AMD stock. Some analysts argue that AMD should climb higher.