SBI (OTCMKTS:SBHGF – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.69, Zacks reports. The firm had revenue of $3.51 billion during the quarter, compared to analyst estimates of $3.21 billion.
SBI Stock Performance
Shares of SBI stock opened at $18.35 on Friday. SBI has a one year low of $15.01 and a one year high of $25.72. The business’s 50 day moving average price is $17.51 and its 200 day moving average price is $19.42. The company has a market cap of $6.06 billion, a price-to-earnings ratio of 3.16 and a beta of 0.79.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded SBI to a “hold” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, SBI currently has an average rating of “Hold”.
SBI Company Profile
SBI Holdings, Inc is a Japan-based financial services conglomerate that traces its origins to the establishment of SoftBank Investment in 1999. The company was rebranded as SBI Holdings in 2005 following its separation from SoftBank Group. Since its inception, SBI has pursued a diversified strategy aimed at integrating traditional financial services with emerging fintech innovations.
The group’s core activities encompass online securities brokerage, retail and corporate banking, asset management, insurance services and venture capital investments.
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