Free Trial

Sharp (OTCMKTS:SHCAY) Shares Gap Up - Should You Buy?

Sharp logo with Consumer Discretionary background
Image from MarketBeat Media, LLC.

Key Points

  • Shares gapped up ~4%, opening at $0.9296 vs the prior close of $0.8937, but trading volume was light at just 515 shares.
  • Fundamentals show a low debt-to-equity (0.04) and a market cap of $2.42B with a P/E of 3.32, yet liquidity ratios are under 1 (current 0.93, quick 0.68) and the stock trades below its 50‑ and 200‑day moving averages ($0.98 and $1.17).
  • Q4 EPS of $0.03 met estimates while revenue slightly missed ($3.03B vs $3.14B); company guidance for FY2025 is 0.132 EPS, versus analyst consensus of 0.01 EPS for the current year, with ROE 23.43% and net margin 5.57%.
  • MarketBeat previews top five stocks to own in May.

Sharp Corp. (OTCMKTS:SHCAY - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $0.8937, but opened at $0.9296. Sharp shares last traded at $0.9296, with a volume of 515 shares.

Sharp Stock Up 4.0%

The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.68. The business has a 50 day moving average price of $0.98 and a 200 day moving average price of $1.17. The firm has a market capitalization of $2.42 billion, a P/E ratio of 3.32 and a beta of 0.66.

Sharp (OTCMKTS:SHCAY - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 EPS for the quarter, hitting analysts' consensus estimates of $0.03. The business had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.14 billion. Sharp had a return on equity of 23.43% and a net margin of 5.57%.Sharp has set its FY 2025 guidance at 0.132-0.132 EPS. On average, analysts predict that Sharp Corp. will post 0.01 earnings per share for the current year.

Sharp Company Profile

(Get Free Report)

Sharp Corporation, founded in 1912 by Tokuji Hayakawa and headquartered in Sakai, Osaka, is a Japanese multinational electronics manufacturer. Over its century-long history, Sharp has been recognized for pioneering products such as the Ever-Sharp mechanical pencil and for its sustained innovation in display technologies.

The company's core offerings span consumer electronics and professional solutions, including LCD televisions, large-scale displays, mobile device components, multifunction printers, and energy products such as solar panels and energy storage systems.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Sharp Right Now?

Before you consider Sharp, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sharp wasn't on the list.

While Sharp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines