Sharp - SHCAY Stock Forecast, Price & News

1 Wall Street research 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 research 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.
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Sharp's stock was trading at $1.7450 at the beginning of 2023. Since then, SHCAY stock has increased by 14.6% and is now trading at $2.00.
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Sharp saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 46,400 shares, an increase of 130.8% from the December 15th total of 20,100 shares. Based on an average daily trading volume, of 71,600 shares, the days-to-cover ratio is currently 0.6 days.
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Sharp Co. (OTCMKTS:SHCAY) announced its earnings results on Thursday, November, 4th. The company reported $0.08 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.01. The firm earned $5.51 billion during the quarter. Sharp had a trailing twelve-month return on equity of 16.46% and a net margin of 2.98%.

Sharp (OTCMKTS:SHCAY) pays an annual dividend of $0.05 per share and currently has a dividend yield of 2.36%. The dividend payout ratio is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHCAY will have a dividend payout ratio of 41.67% next year. This indicates that the company will be able to sustain or increase its dividend.

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 $2.00.

Sharp (OTCMKTS:SHCAY) has a market capitalization of $5.20 billion and generates $22.23 billion in revenue each year. The company earns $658.51 million in net income (profit) each year or $0.25 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.