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Sony (SONY, $82.14) EPS rises +67% year-over-year
Sony Group Corp. posted its fourth-quarter fiscal 2021 net income per share (on a GAAP basis) of ¥88.98 (77 cents) per share, compared to Zacks Consensus Estimate of 82 cents. The figure is +67% higher from the year-ago quarter.
Total revenues were up + 1% year over year to ¥2,264 billion ($19,486.3 million). The Zacks consensus estimate was $20,818.7 million.
The company’s revenue from Game & Network Services (G&NS) rose +0.8% year over year to ¥665.3 billion. Music sales climbed +10.2% year over year to ¥294.6 billion. Revenue in Pictures surged +55.9% year over year to ¥312.2 billion. Entertainment, Technology & Services (ET&S) sales were 4.2% higher year over year to ¥494.1 billion. Imaging & Sensing Solutions sales rose + 9.9% year over year to ¥255.3 billion. Financial Services sales fell -36.4% year over year to ¥279.7 billion.
Looking ahead, Sony projects fiscal full-year sales growth of +15%, likely to be driven by significant improvement in G&NS and I&SS segment sales
It expects operating income to decrease -4% to ¥1,160 billion, down 4% year over year. Net income forecast is ¥830 billion, down -6% year over year. Operating Cash Flow is expected to rise +29% to ¥1,050 billion.
SONY's RSI Oscillator ascends from oversold territory
The RSI Oscillator for SONY moved out of oversold territory on May 12, 2022. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 22 similar instances when the indicator left oversold territory. In 19 of the 22 cases the stock moved higher. This puts the odds of a move higher at 86%.
Current price $86.37 is below $138.21 the lowest support line found by A.I. Throughout the month of 04/13/22 - 05/16/22, the price experienced a -6% Downtrend, while the week of 05/09/22 - 05/16/22 shows a +7% Uptrend.
The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 38 of 60 cases where SONY's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 63%.
The Momentum Indicator moved above the 0 level on May 13, 2022. You may want to consider a long position or call options on SONY as a result. In 53 of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 65%.
The Moving Average Convergence Divergence (MACD) for SONY just turned positive on May 12, 2022. Looking at past instances where SONY's MACD turned positive, the stock continued to rise in 33 of 55 cases over the following month. The odds of a continued upward trend are 60%.
Following a +8.68% 3-day Advance, the price is estimated to grow further. Considering data from situations where SONY advanced for three days, in 222 of 338 cases, the price rose further within the following month. The odds of a continued upward trend are 66%.
SONY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SONY declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 47%.
The Aroon Indicator for SONY entered a downward trend on May 16, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 66%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.05.
The Tickeron SMR rating for this company is 1 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is 9 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 23 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock better than average.
The Tickeron Price Growth Rating for this company is 77 (best 1 - 100 worst), indicating slightly worse than average price growth. SONY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 97 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.956) is normal, around the industry mean (24.032). P/E Ratio (16.026) is within average values for comparable stocks, (30.104). SONY's Projected Growth (PEG Ratio) (38.338) is very high in comparison to the industry average of (7.161). SONY has a moderately low Dividend Yield (0.003) as compared to the industry average of (0.025). P/S Ratio (1.425) is also within normal values, averaging (22.606).
TVs, telephones, washing machines, home speakers and even home-office equipment like computers and printers…the list is virtually endless when it comes to consumer electronics and appliances. And, with ‘smarthomes’ increasingly becoming the reality, we could see a sharp surge in high-tech gadgets (including robotic appliances) making their way into our homes– and therefore spelling plenty opportunities in the related industries. Consumers account for 70% of US GDP, and their purchases of high-functioning electronics could make significant dents in the economy’s health. Sony Corp., Whirlpool and iRobot are some of the major consumer electronics/appliances makers.
The average market capitalization across the Electronics/Appliances Industry is 67.5B. The market cap for tickers in the group ranges from 129.1K to 2.4T. AAPL holds the highest valuation in this group at 2.4T. The lowest valued company is IALS at 129.1K.
The average weekly price growth across all stocks in the Electronics/Appliances Industry was -0.44%. For the same Industry, the average monthly price growth was -11.34%, and the average quarterly price growth was -25.18%. SMDM experienced the highest price growth at 18.82%, while AMOSF experienced the biggest fall at -81.71%.
The average weekly volume growth across all stocks in the Electronics/Appliances Industry was -3.34%. For the same stocks of the Industry, the average monthly volume growth was 62.47% and the average quarterly volume growth was 42.84%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Positive Outlook today, backed by the BollingerBands Indicator. Tickeron has a positive outlook on this group and predicts a further increase by more than 4.00% within the next month with a likelihood of 51%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.37.
19 stocks in the group of tickers confirmed the positive outlook based on the RSI indicator with average odds of 72%.
The most notable companies in this group are Apple (NASDAQ:AAPL), GoPro (NASDAQ:GPRO).
The average market capitalization across the group is 81.4B. The market cap for tickers in the group ranges from 1.7M to 2.4T. AAPL holds the highest valuation in this group at 2.4T. The lowest valued company is ANDR at 1.7M.
- 5/10/22 5:36 AM: Apple (AAPL, $152.06) saw a $91.7B market cap decrease this week
- 5/5/22 4:57 AM: Apple (AAPL, $166.02) saw a $131.9B market cap increase this week
- 5/3/22 8:18 AM: Apple (AAPL, $157.96) saw a $101.5B market cap decrease this week
The average weekly price growth across all stocks in the group was 0.01%. For the same group, the average monthly price growth was -14.6%, and the average quarterly price growth was -32.36%. SMDM experienced the highest price growth at 18.75%, while TRUHF experienced the biggest fall at -20.79%.
- 5/14/22 4:23 AM: VIZIO Holding (VZIO, $8.4) was a top weekly gainer, with a +8.11% jump
- 5/11/22 7:46 AM: Helo (HLOC, $2.63) was a top weekly gainer, with a +9.58% jump. Expect an Uptrend reversal
- 5/7/22 5:28 AM: Singing Machine (SMDM, $0.16) was a top weekly gainer, with a +6.6% jump
The average weekly volume growth across all stocks in the group was 1260.97%. For the same stocks of the group, the average monthly volume growth was 294.79% and the average quarterly volume growth was 254.91%
- 3/30/22 5:28 AM: The volume for Sonos stock increased for one day, resulting in a record-breaking daily growth of 910% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are Apple (NASDAQ:AAPL), GoPro (NASDAQ:GPRO).
TVs, telephones, washing machines, home speakers and even home-office equipment like computers and printers…the list is virtually endless when it comes to consumer electronics and appliances. And, with ‘smarthomes’ increasingly becoming the reality, we could see a sharp surge in high-tech gadgets (including robotic appliances) making their way into our homes– and therefore spelling plenty opportunities in the related industries. Consumers account for 70% of US GDP, and their purchases of high-functioning electronics could make significant dents in the economy’s health. Sony Corp., Whirlpool and iRobot are some of the major consumer electronics/appliances makers.
The average market capitalization across the Electronics/Appliances Industry is 67.5B. The market cap for tickers in the group ranges from 129.1K to 2.4T. AAPL holds the highest valuation in this group at 2.4T. The lowest valued company is IALS at 129.1K.
- 5/10/22 5:36 AM: Apple (AAPL, $152.06) saw a $91.7B market cap decrease this week
- 5/5/22 4:57 AM: Apple (AAPL, $166.02) saw a $131.9B market cap increase this week
- 5/3/22 8:18 AM: Apple (AAPL, $157.96) saw a $101.5B market cap decrease this week
The average weekly price growth across all stocks in the Electronics/Appliances Industry was -0.71%. For the same Industry, the average monthly price growth was -11.52%, and the average quarterly price growth was -25.3%. SMDM experienced the highest price growth at 18.75%, while TKLS experienced the biggest fall at -26.5%.
- 5/14/22 4:23 AM: VIZIO Holding (VZIO, $8.4) was a top weekly gainer, with a +8.11% jump
- 5/11/22 7:46 AM: Helo (HLOC, $2.63) was a top weekly gainer, with a +9.58% jump. Expect an Uptrend reversal
- 5/7/22 5:28 AM: Singing Machine (SMDM, $0.16) was a top weekly gainer, with a +6.6% jump
The average weekly volume growth across all stocks in the Electronics/Appliances Industry was -66.18%. For the same stocks of the Industry, the average monthly volume growth was -39.19% and the average quarterly volume growth was -53.53%
- 3/30/22 5:28 AM: The volume for Sonos stock increased for one day, resulting in a record-breaking daily growth of 910% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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