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

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

Several analysts have commented on the stock. Jefferies Financial Group lowered shares of SoftBank Group from a “hold” rating to an “underperform” rating in a report on Thursday, March 12th. Zacks Research upgraded shares of SoftBank Group to a “hold” rating in a report on Tuesday, March 10th. TD Cowen restated a “hold” rating on shares of SoftBank Group in a report on Thursday, May 14th. Sanford C. Bernstein restated an “outperform” rating on shares of SoftBank Group in a report on Wednesday, June 17th. Finally, Cantor Fitzgerald began coverage on shares of SoftBank Group in a research note on Monday, March 9th. They set an “overweight” rating for the company.

SoftBank Group Stock Performance

SoftBank Group stock opened at $19.71 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 firm has a 50-day moving average of $20.32 and a 200-day moving average of $15.66. The firm has a market cap of $225.16 billion, a P/E ratio of 6.80 and a beta of 1.79. SoftBank Group has a 1-year low of $8.63 and a 1-year high of $28.97.

SoftBank Group (OTCMKTS:SFTBY) last posted its earnings results on Wednesday, May 13th. The technology company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.86. SoftBank Group had a net margin of 64.12% and a return on equity of 28.68%. The company had revenue of $13.17 billion during the quarter, compared to analyst estimates of $12.54 billion. Sell-side analysts expect that SoftBank Group will post 0.02 EPS 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.