- Sony’s operating income forecast for fiscal year falls short of estimates, set at 1.28 trillion yen against the estimated 1.33 trillion yen.
- Company’s net income forecast also misses the anticipated amount, with a projection of 925.00 billion yen instead of the estimated 998.68 billion yen.
- Net sales prediction for Sony is also lower than projected numbers, announced at 12.31 trillion yen while estimates were at 12.55 trillion yen.
- Looking at fourth quarter results, Sony’s net income exceeded expectations. It reported net income of 189.01 billion yen surpassing estimates of 153.21 billion yen.
- Net sales for the fourth quarter were also more robust than estimated, reported at 3.48 trillion yen rather than the estimated 2.91 trillion yen.
- From an investment perspective, Sony received 23 buy ratings, 4 hold ratings, and 2 sell ratings.
Sony Corp on Smartkarma
Analysts on Smartkarma, such as Sumeet Singh, provide valuable insights into companies like Sony Corp. In a recent report titled “ECM Weekly (19th Feb 2024),” Aequitas Research covered deals and upcoming IPOs, shedding light on the market sentiment towards various firms. Notably, Trial Holdings (5882 JP) re-entered the IPO market, while Juniper Hotels explored opportunities in India. Additionally, the report highlighted the resurgence of REIT placements, particularly in Japan, and a significant deal involving Toei Animation (4816 JP).
A look at Sony Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts examining Sony Corp‘s long-term outlook utilizing Smartkarma Smart Scores paint a mixed picture. With a Value score of 3 pointing to a fair valuation, investors may find moderate opportunities for gains in the company’s stock. Meanwhile, the Dividend and Growth scores both at 2 suggest that Sony’s performance in these areas is average, neither significantly excelling nor underperforming.
On the bright side, Sony’s Resilience score of 3 indicates a sturdy ability to weather economic uncertainties, which may provide a sense of stability for risk-averse investors. However, the Momentum score of 2 implies a lack of strong positive price trend, hinting at potential challenges in attracting momentum-driven investors. As Sony Corporation continues to innovate across its diverse product offerings in audio, video games, and entertainment sectors, its overall outlook may evolve based on changes in these key Smart Scores metrics.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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