Press coverage about Sony (NYSE:SNE) has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sony earned a news impact score of 0.07 on Accern’s scale. Accern also gave headlines about the company an impact score of 44.8503854277562 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
Sony (NYSE:SNE) traded up $0.72 on Friday, reaching $49.89. 522,437 shares of the company traded hands, compared to its average volume of 668,105. The stock has a market capitalization of $62,129.10, a PE ratio of 28.03 and a beta of 1.79. Sony has a 52 week low of $29.16 and a 52 week high of $50.82. The company has a quick ratio of 0.71, a current ratio of 0.86 and a debt-to-equity ratio of 0.17.
Sony (NYSE:SNE) last posted its earnings results on Tuesday, October 31st. The company reported $0.90 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.36. Sony had a net margin of 3.17% and a return on equity of 7.97%. analysts anticipate that Sony will post 2.88 earnings per share for the current year.
A number of analysts have recently issued reports on SNE shares. Jefferies Group reissued a “buy” rating and issued a $45.74 price objective on shares of Sony in a research note on Tuesday, October 24th. Zacks Investment Research cut shares of Sony from a “buy” rating to a “hold” rating in a research note on Monday, October 30th. Morgan Stanley cut shares of Sony from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, October 11th. Finally, ValuEngine raised shares of Sony from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the stock. Sony currently has an average rating of “Buy” and an average target price of $48.19.
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Sony Corporation (Sony) is engaged in the development, design, manufacture and sale of various kinds of electronic equipment, instruments and devices for consumer, professional and industrial markets, as well as game consoles and software. The Company’s segments include Mobile Communications, Game & Network Services, Imaging Products & Solutions, Home Entertainment & Sound, Devices, Pictures, Music, Financial Services and All Other.
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