SoftBank Group Corp. Unsponsored ADR (OTCMKTS:SFTBY) Receives Consensus Rating of “Hold” from Brokerages

SoftBank Group Corp. Unsponsored ADR (OTCMKTS:SFTBY) has earned a consensus rating of “Hold” from the nine brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company.

Several analysts have issued reports on SFTBY shares. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SoftBank Group in a research report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft upgraded SoftBank Group from a “hold” rating to a “buy” rating in a report on Friday, June 26th. Finally, TD Cowen restated a “hold” rating on shares of SoftBank Group in a research note on Thursday, May 14th.

SoftBank Group Price Performance

Shares of SoftBank Group stock opened at $19.15 on Wednesday. The stock has a market capitalization of $218.76 billion, a P/E ratio of 6.61 and a beta of 1.83. SoftBank Group has a twelve month low of $8.68 and a twelve month high of $28.97. The company has a current ratio of 0.80, a quick ratio of 0.78 and a debt-to-equity ratio of 0.85. The business’s fifty day moving average price is $20.74 and its 200 day moving average price is $16.06.

SoftBank Group (OTCMKTS:SFTBY) last issued its earnings results on Wednesday, May 13th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.86. SoftBank Group had a return on equity of 28.68% and a net margin of 64.12%.The business had revenue of $13.17 billion during the quarter, compared to analysts’ expectations of $12.54 billion. As a group, research analysts anticipate that SoftBank Group will post 0.03 earnings per share for the current year.

SoftBank Group Company Profile

SoftBank Group Corp is a Tokyo‐based multinational conglomerate holding company with a primary focus on technology, telecommunications and investment management. Founded in 1981 by Masayoshi Son, the company initially operated as a software distributor before expanding into mobile communications and internet services. Over the years, SoftBank has built a diversified portfolio that spans telecom operators, semiconductor design, cloud computing, and emerging technology ventures.

A key pillar of SoftBank’s strategy is its investment arm, the SoftBank Vision Fund, which targets high‐growth technology companies around the globe.