SoftBank Group (OTCMKTS:SFTBY) Shares Gap Up - Still a Buy?

Key Points

• Shares gapped up — SFTBY opened at $12.38 after closing $11.80 and last traded at $12.23 on volume 274,398, though it remains below its 50‑day ($13.58) and 200‑day ($15.06) moving averages.
• Multiple brokerages (Cantor Fitzgerald, Citigroup, BTIG) recently initiated coverage with buy/overweight ratings, leaving the stock with an average MarketBeat rating of Moderate Buy (three Buys, one Hold).
• SoftBank beat the quarter with $0.14 EPS vs $0.10 est and $12.90B revenue vs $12.44B, trades at a low P/E of 5.64, and analysts expect about 2.22 EPS for the current year.

Shares of SoftBank Group Corp. Unsponsored ADR (OTCMKTS:SFTBY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $11.80, but opened at $12.38. SoftBank Group shares last traded at $12.23, with a volume of 274,398 shares.

Analyst Ratings Changes

Several brokerages have recently commented on SFTBY. Cantor Fitzgerald started coverage on shares of SoftBank Group in a research report on Monday. They set an "overweight" rating on the stock. Citigroup initiated coverage on SoftBank Group in a report on Monday, January 5th. They issued a "buy" rating for the company. Finally, BTIG Research initiated coverage on SoftBank Group in a research note on Monday, January 5th. They set a "buy" rating on the stock. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

SoftBank Group Price Performance

The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.81 and a current ratio of 0.83. The company's fifty day moving average price is $13.58 and its 200 day moving average price is $15.06. The firm has a market capitalization of $139.65 billion, a price-to-earnings ratio of 5.64 and a beta of 1.46.

SoftBank Group (OTCMKTS:SFTBY - Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The technology company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.04. SoftBank Group had a net margin of 48.62% and a return on equity of 23.66%. The firm had revenue of $12.90 billion for the quarter, compared to analyst estimates of $12.44 billion. Equities research analysts expect that SoftBank Group Corp. Unsponsored ADR will post 2.22 earnings per share 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.

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