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

SoftBank Group Corp. Unsponsored ADR (OTCMKTS:SFTBYGet Free Report) has been given a consensus rating of “Hold” by the nine research firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have assigned a buy recommendation to the company.

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

Check Out Our Latest Stock Report on SoftBank Group

SoftBank Group Stock Down 0.7%

Shares of OTCMKTS SFTBY opened at $17.60 on Friday. The firm has a market cap of $201.06 billion, a price-to-earnings ratio of 6.21 and a beta of 1.87. The company’s 50-day simple moving average is $19.59 and its 200-day simple moving average is $16.42. The company has a quick ratio of 0.78, a current ratio of 0.80 and a debt-to-equity ratio of 0.85. SoftBank Group has a 52-week low of $10.55 and a 52-week high of $28.97.

SoftBank Group (OTCMKTS:SFTBYGet Free Report) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.12. SoftBank Group had a net margin of 62.60% and a return on equity of 26.38%. The firm had revenue of $12.82 billion during the quarter, compared to the consensus estimate of $12.23 billion. Equities analysts predict that SoftBank Group will post 0.1 EPS 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.

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Analyst Recommendations for SoftBank Group (OTCMKTS:SFTBY)

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