SoftBank Group (OTCMKTS:SFTBY) Stock Price Down 6.5% - Should You Sell?

Key Points

• Shares fell 6.5% to $11.17 on Thursday (intraday low $11.08) on very light trading — 273,255 shares versus an average session volume of about 2.30 million.
• Analyst views are mixed with a MarketBeat consensus of "Hold" (3 Buys, 2 Holds, 1 Sell); recent coverage includes Cantor Fitzgerald (overweight), Citigroup and BTIG (buy) and Jefferies (cut to underperform).
• Fundamentals show a quarterly beat (EPS $0.14 vs. $0.10), strong profitability (48.62% net margin, 23.66% ROE) and a low P/E of 5.23 with market cap ≈ $129.5B, but liquidity is weak (current ratio 0.83) and debt/equity is ~0.96.

SoftBank Group Corp. Unsponsored ADR (OTCMKTS:SFTBY - Get Free Report)'s share price fell 6.5% on Thursday . The company traded as low as $11.08 and last traded at $11.17. 273,255 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 2,295,101 shares. The stock had previously closed at $11.95.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SFTBY. Cantor Fitzgerald began coverage on SoftBank Group in a research report on Monday, March 9th. They set an "overweight" rating on the stock. Citigroup began coverage on SoftBank Group in a research note on Monday, January 5th. They set a "buy" rating on the stock. Zacks Research raised shares of SoftBank Group to a "hold" rating in a research report on Tuesday, March 10th. Jefferies Financial Group cut shares of SoftBank Group from a "hold" rating to an "underperform" rating in a research note on Thursday, March 12th. Finally, BTIG Research initiated coverage on shares of SoftBank Group in a research report on Monday, January 5th. They set a "buy" rating on the stock. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold".

SoftBank Group Stock Performance

The firm has a fifty day moving average of $12.89 and a 200 day moving average of $14.83. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.83 and a quick ratio of 0.81. The stock has a market capitalization of $129.54 billion, a price-to-earnings ratio of 5.23 and a beta of 1.50.

SoftBank Group (OTCMKTS:SFTBY - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The technology company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.04. SoftBank Group had a return on equity of 23.66% and a net margin of 48.62%.The company had revenue of $12.90 billion during the quarter, compared to the consensus estimate of $12.44 billion. On average, sell-side analysts anticipate that SoftBank Group Corp. Unsponsored ADR will post 2.22 earnings per share for the current fiscal 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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