Softbank Corp. (Japan) (OTCMKTS:SFTBY) released its quarterly earnings results on Wednesday, February 7th. The technology company reported $3.58 earnings per share for the quarter, Morningstar.com reports. Softbank Corp. (Japan) had a return on equity of 32.24% and a net margin of 17.15%. The business had revenue of $21.27 billion for the quarter.
Softbank Corp. (SFTBY) traded down $0.45 on Thursday, hitting $41.32. The stock had a trading volume of 96,096 shares, compared to its average volume of 342,929. The company has a current ratio of 1.00, a quick ratio of 0.95 and a debt-to-equity ratio of 2.06. Softbank Corp. has a 1 year low of $35.01 and a 1 year high of $46.56.
A number of research firms have weighed in on SFTBY. Sanford C. Bernstein began coverage on Softbank Corp. (Japan) in a research report on Thursday, October 19th. They set an “outperform” rating on the stock. Jefferies Group set a $53.00 price objective on Softbank Corp. (Japan) and gave the stock a “buy” rating in a report on Monday, October 30th. Finally, Zacks Investment Research upgraded Softbank Corp. (Japan) from a “sell” rating to a “hold” rating in a report on Wednesday, November 29th.
About Softbank Corp. (Japan)
SoftBank Group Corp., together with its subsidiaries, operates in the information industry in Japan and internationally. The company operates through five segments: Domestic Telecommunications, Sprint, Yahoo Japan, Distribution, and ARM. The Domestic Telecommunications segment provides mobile communications and broadband services; sells mobile devices; and provision of fixed-line telecommunications services to corporate customers, such as data communications and fixed-line telephone services.
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