SoftBank Group Corp. Unsponsored ADR (SFTBY) – What Are Analysts Saying About This Stock?

Shares of SoftBank Group Corp. Unsponsored ADR (OTCMKTS:SFTBY) have received a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company.

Separately, Jefferies Financial Group upgraded SoftBank Group from an “underperform” rating to a “hold” rating in a research report on Wednesday, October 28th.

SoftBank Group Stock Up 0.6%

SFTBY stock opened at $13.42 on Wednesday. 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 0.67, a current ratio of 0.68 and a debt-to-equity ratio of 0.89. The company has a market cap of $153.31 billion, a PE ratio of 4.71 and a beta of 2.07. The business’s 50-day simple moving average is $17.69 and its 200 day simple moving average is $16.72.

SoftBank Group (OTCMKTS:SFTBY) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.07 by $0.12. SoftBank Group had a return on equity of 26.14% and a net margin of 62.60%. The firm had revenue of $12.82 billion during the quarter, compared to analysts’ expectations of $12.23 billion. On average, research analysts anticipate that SoftBank Group will post -0.34 earnings per share for the current year.

About SoftBank Group

SoftBank Group Corp. is a Japanese holding company focused on technology, telecommunications and investment activities. Founded in 1981 by Masayoshi Son, the company began as a distributor of computer software before expanding into internet businesses, mobile communications and technology investing. It is headquartered in Tokyo and serves markets in Japan and internationally.

SoftBank Group’s activities include managing investments in technology companies through its investment portfolio and SoftBank Vision Funds, which have backed businesses in areas such as artificial intelligence, software, e-commerce, financial technology, robotics and communications.