Sharp Co. (OTCMKTS:SHCAY) to Post FY2020 Earnings of $0.26 Per Share, Jefferies Financial Group Forecasts

Sharp Co. (OTCMKTS:SHCAY) – Stock analysts at Jefferies Financial Group issued their FY2020 earnings per share estimates for Sharp in a report released on Thursday, August 8th. Jefferies Financial Group analyst A. Goyal forecasts that the company will post earnings per share of $0.26 for the year. Jefferies Financial Group has a “Hold” rating on the stock. Jefferies Financial Group also issued estimates for Sharp’s FY2021 earnings at $0.23 EPS and FY2022 earnings at $0.22 EPS.

A number of other research analysts also recently issued reports on the company. JPMorgan Chase & Co. upgraded Sharp from a “neutral” rating to an “overweight” rating in a research note on Monday, July 8th. ValuEngine upgraded Sharp from a “hold” rating to a “buy” rating in a research note on Monday.

Shares of OTCMKTS:SHCAY opened at $2.63 on Monday. The company has a market cap of $5.57 billion, a P/E ratio of 12.52 and a beta of 1.25. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.40 and a quick ratio of 1.10. The company has a fifty day simple moving average of $2.93. Sharp has a 1 year low of $2.15 and a 1 year high of $6.57.

Sharp Company Profile

Sharp Corporation manufactures and distributes electronic communication equipment, electronic equipment, electronic application equipment, and electronic components in Japan, the Americas, Europe, China, and internationally. It operates through four segments: Smart Homes, Smart Business Solutions, Internet of Things (IoT) Electronics Devices, and Advance Display Systems.

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