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

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

Several equities analysts have weighed in on the company. TD Cowen reaffirmed a “hold” rating on shares of SoftBank Group in a research report on Thursday, May 14th. Sanford C. Bernstein reiterated an “outperform” rating on shares of SoftBank Group in a research note on Wednesday, June 17th. Finally, Deutsche Bank Aktiengesellschaft raised shares of SoftBank Group from a “hold” rating to a “buy” rating in a research report on Friday, June 26th.

SoftBank Group Trading Down 2.5%

SFTBY opened at $17.31 on Wednesday. SoftBank Group has a 52 week low of $9.32 and a 52 week high of $28.97. The business has a fifty day simple moving average of $20.64 and a 200-day simple moving average of $16.13. The firm has a market cap of $197.74 billion, a P/E ratio of 5.97 and a beta of 1.83. 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 (OTCMKTS:SFTBY) last posted its quarterly earnings data on Wednesday, May 13th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.86. The firm had revenue of $13.17 billion for the quarter, compared to the consensus estimate of $12.54 billion. SoftBank Group had a return on equity of 28.68% and a net margin of 64.12%. On average, equities analysts expect that SoftBank Group will post 0.03 earnings per share for the current year.

About SoftBank Group

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.