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

Key Points

• Analysts’ consensus is “Moderate Buy”: Five of eight analysts rate SoftBank Group a buy, while three recommend holding the stock. Jefferies recently upgraded it from “underperform” to “hold.”
• Shares recently traded at $14.93, with a $170.56 billion market capitalization, a low PE ratio of 5.27, and a 52-week range of $10.55 to $28.97.
• SoftBank’s latest quarterly results exceeded expectations, with earnings per share of $0.19 versus a $0.07 consensus estimate and revenue of $12.82 billion versus $12.23 billion expected.

SoftBank Group Corp. Unsponsored ADR (OTCMKTS:SFTBY - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eight analysts that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company.

Separately, Jefferies Financial Group raised SoftBank Group from an "underperform" rating to a "hold" rating in a report on Wednesday.

SoftBank Group Stock Performance

Shares of SFTBY stock traded up $0.38 during trading hours on Wednesday, reaching $14.93. The company had a trading volume of 304,534 shares, compared to its average volume of 3,307,046. The firm has a market cap of $170.56 billion, a PE ratio of 5.27 and a beta of 1.91. The business has a fifty day moving average price of $17.94 and a 200-day moving average price of $16.72. SoftBank Group has a one year low of $10.55 and a one year high of $28.97.

SoftBank Group (OTCMKTS:SFTBY - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $0.19 earnings per share 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 the consensus estimate of $12.23 billion. Equities research analysts forecast that SoftBank Group will post -0.34 EPS for the current year.

SoftBank Group Company Profile

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.

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