Sharp - SHCAY Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sharp in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SHCAY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHCAY, but not buy additional shares or sell existing shares.
View SHCAY analyst ratings or view top-rated stocks.

Sharp's stock was trading at $2.81 at the start of the year. Since then, SHCAY stock has decreased by 44.5% and is now trading at $1.56.
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Sharp saw a drop in short interest during the month of August. As of August 15th, there was short interest totaling 4,300 shares, a drop of 58.3% from the July 31st total of 10,300 shares. Based on an average trading volume of 66,600 shares, the days-to-cover ratio is presently 0.1 days.
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Sharp Co. (OTCMKTS:SHCAY) released its earnings results on Thursday, November, 4th. The company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.01. The business had revenue of $5.51 billion for the quarter. Sharp had a trailing twelve-month return on equity of 24.17% and a net margin of 4.34%.

Sharp (OTCMKTS:SHCAY) pays an annual dividend of $0.09 per share and currently has a dividend yield of 5.94%. SHCAY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 23.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHCAY will have a dividend payout ratio of 47.37% next year. This indicates that the company will be able to sustain or increase its dividend.

Sharp issued an update on its FY 2022 earnings guidance on Friday, September, 2nd. The company provided earnings per share guidance of $0.60-$0.60 for the period. The company issued revenue guidance of $20.85 billion-$20.85 billion.

Sharp trades on the OTCMKTS under the ticker symbol "SHCAY."

Shares of SHCAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SHCAY stock can currently be purchased for approximately $1.56.

Sharp (OTCMKTS:SHCAY) has a market capitalization of $4.06 billion and generates $22.23 billion in revenue each year. The company earns $658.51 million in net income (profit) each year or $0.38 on an earnings per share basis.

The company employs 47,941 workers across the globe.

Sharp's mailing address is 1 Takumi-cho Sakai-ku, Sakai M0, 590-8522. The official website for the company is www.sharp-world.com. The company can be reached via phone at (172) 282-1221.