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

Shares of SoftBank Group Corp. Unsponsored ADR (OTCMKTS:SFTBY) have received a consensus rating of “Hold” from the nine research firms that are covering the company, Marketbeat Ratings reports. One 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.

A number of analysts have recently issued reports on the stock. TD Cowen restated a “hold” rating on shares of SoftBank Group in a report on Thursday, May 14th. Sanford C. Bernstein reiterated an “outperform” rating on shares of SoftBank Group in a research 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.

SoftBank Group Price Performance

SoftBank Group stock opened at $17.60 on Friday. 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 company has a 50-day moving average price of $19.59 and a 200 day moving average price of $16.42. SoftBank Group has a 12-month low of $10.55 and a 12-month high of $28.97. The stock has a market cap of $201.06 billion, a P/E ratio of 6.21 and a beta of 1.87.

SoftBank Group (OTCMKTS:SFTBY) last posted its earnings results on Thursday, August 6th. The technology company reported $0.19 earnings per share for the quarter, beating 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 company had revenue of $12.82 billion for the quarter, compared to analyst estimates of $12.23 billion. Sell-side analysts anticipate that SoftBank Group will post 0.1 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.