Softbank Corp. (Japan) (OTCMKTS:SFTBY) posted its quarterly earnings results on Wednesday, February 7th. The technology company reported $3.58 earnings per share (EPS) for the quarter, Morningstar.com reports. The business had revenue of $21.27 billion during the quarter. Softbank Corp. (Japan) had a net margin of 17.15% and a return on equity of 32.24%.
Shares of Softbank Corp. (OTCMKTS SFTBY) traded down $0.35 on Thursday, reaching $41.42. 48,768 shares of the company’s stock traded hands, compared to its average volume of 342,315. Softbank Corp. has a twelve month low of $35.01 and a twelve month high of $46.56. The company has a quick ratio of 0.95, a current ratio of 1.00 and a debt-to-equity ratio of 2.06.
A number of research firms have recently weighed in on SFTBY. Zacks Investment Research upgraded shares of Softbank Corp. (Japan) from a “sell” rating to a “hold” rating in a report on Wednesday, November 29th. Jefferies Group set a $53.00 target price on shares of Softbank Corp. (Japan) and gave the stock a “buy” rating in a report on Monday, October 30th. Finally, Sanford C. Bernstein assumed coverage on shares of Softbank Corp. (Japan) in a report on Thursday, October 19th. They issued an “outperform” rating for the company.
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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