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

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

SFTBY has been the topic of several research reports. TD Cowen reaffirmed a “hold” rating on shares of SoftBank Group in a research report 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 research note on Wednesday, June 17th.

SoftBank Group Stock Performance

OTCMKTS:SFTBY opened at $17.95 on Friday. The stock has a market cap of $205.06 billion, a P/E ratio of 6.34 and a beta of 1.87. The firm’s fifty day simple moving average is $18.78 and its 200 day simple moving average is $16.58. SoftBank Group has a twelve month low of $10.55 and a twelve month high of $28.97. 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 issued its quarterly earnings data on Thursday, August 6th. The technology company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.07 by $0.12. The business had revenue of $12.82 billion during the quarter, compared to analyst estimates of $12.23 billion. SoftBank Group had a net margin of 62.60% and a return on equity of 26.38%. As a group, research analysts predict that SoftBank Group will post -0.34 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.