SoftBank Group Corp. Unsponsored ADR (OTCMKTS:SFTBY) Given Average Recommendation of “Hold” by Analysts

SoftBank Group Corp. Unsponsored ADR (OTCMKTS:SFTBY – Get Free Report) has been assigned an average rating of “Hold” from the nine research firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating on the company.

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

Get SoftBank Group alerts:

Read Our Latest Analysis on SFTBY

SoftBank Group Price Performance

Shares of SFTBY stock opened at $19.15 on Wednesday. SoftBank Group has a one year low of $8.68 and a one year high of $28.97. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.80 and a quick ratio of 0.78. The stock’s fifty day simple moving average is $20.74 and its 200 day simple moving average is $16.06. The firm has a market cap of $218.76 billion, a price-to-earnings ratio of 6.61 and a beta of 1.83.

SoftBank Group (OTCMKTS:SFTBY – Get Free Report) last posted its earnings results on Wednesday, May 13th. The technology company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.86. The business had revenue of $13.17 billion for the quarter, compared to analyst estimates of $12.54 billion. SoftBank Group had a net margin of 64.12% and a return on equity of 28.68%. On average, analysts expect that SoftBank Group will post 0.03 earnings per share for the current fiscal year.

About SoftBank Group

(Get Free Report)

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.

Featured Stories

• Five stocks we like better than SoftBank Group
• Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
• 3 Overlooked Energy ETFs Delivering Strong Returns and Income
• 3 Space Stocks That Could Outshine SpaceX After Its IPO
• JPMorgan’s Q2 Strength Gives the Stock Rally New Support

Receive News & Ratings for SoftBank Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoftBank Group and related companies with MarketBeat.com's FREE daily email newsletter.