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

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

A number of equities analysts recently issued reports on the company. Sanford C. Bernstein restated an “outperform” rating on shares of SoftBank Group in a research note on Wednesday, June 17th. TD Cowen reiterated a “hold” rating on shares of SoftBank Group in a research note on Thursday, May 14th. Finally, Deutsche Bank Aktiengesellschaft upgraded SoftBank Group from a “hold” rating to a “buy” rating in a research note on Friday, June 26th.

SoftBank Group Trading Down 0.2%

Shares of SoftBank Group stock opened at $17.31 on Wednesday. The firm’s 50 day simple moving average is $20.64 and its two-hundred day simple moving average is $16.14. The firm has a market capitalization of $197.74 billion, a price-to-earnings ratio of 5.97 and a beta of 1.83. SoftBank Group has a 12-month low of $9.32 and a 12-month high of $28.97. The company has a current ratio of 0.80, a quick ratio of 0.78 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 EPS for the quarter, topping the consensus estimate of $0.16 by $0.86. The business had revenue of $13.17 billion during the quarter, compared to the consensus estimate of $12.54 billion. SoftBank Group had a net margin of 64.12% and a return on equity of 28.68%. Analysts predict that SoftBank Group will post 0.03 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.