SHCAY - Sharp Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
2.6100
+0.2300 (+9.66%)
At close: 3:48PM EDT
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close2.3800
Open2.5000
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range2.4900 - 2.6100
52 Week Range2.0000 - 4.0400
Volume126,575
Avg. Volume77,842
Market Cap5.727B
Beta (5Y Monthly)1.56
PE Ratio (TTM)9.19
EPS (TTM)0.2840
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMar 27, 2019
1y Target Est1.90
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
N/A
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
    View more
    • Japan's Sharp sues Tesla for patent infringement over network gear: source
      Reuters

      Japan's Sharp sues Tesla for patent infringement over network gear: source

      Sharp Corp has filed a patent infringement lawsuit against the Japanese unit of Tesla Inc, seeking an injunction to halt imports of some electric vehicles (EV) to Japan, a source familiar with the matter said on Wednesday. The lawsuit, filed in Tokyo, alleges that mobile communications equipment installed in some Tesla models violate patents owned by Sharp, said the source, who declined to be identified because of the sensitive nature of the issue. Kyodo News, which first reported the move, said Tesla's Model S, Model 3 sedans and Model X sport-utility vehicle are subject to the lawsuit.

    • Sharp (SHCAY): The Perfect Mix of Value and Rising Earnings Estimates?
      Zacks

      Sharp (SHCAY): The Perfect Mix of Value and Rising Earnings Estimates?

      Sharp (SHCAY) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

    • Japan's Sharp files patent infringement lawsuit against U.S. TV brand Vizio
      Reuters

      Japan's Sharp files patent infringement lawsuit against U.S. TV brand Vizio

      Japan's Sharp Corp said on Wednesday it has filed a patent infringement lawsuit against U.S. TV brand Vizio Inc and two others, seeking an injunction to ban one of Vizio's TV products in the United States. Sharp, a unit of Taiwan's Foxconn, said Vizio's 70-inch TV product uses liquid crystal display (LCD) panels that allegedly infringe twelve panel-related patents owned by Sharp.

    • Roku Stock is Even More Attractive Following Its Pullback
      InvestorPlace

      Roku Stock is Even More Attractive Following Its Pullback

      Because I liked Roku (NASDAQ:ROKU) when the stock was trading at $150, and I don't expect coronavirus to trigger another Great Recession, (I think the virus' spread will decelerate greatly within a month or two) I'm even more bullish on Roku stock now than I was a couple of weeks ago.Source: AhmadDanialZulhilmi / Shutterstock.com Meanwhile, besides the shares' attractive valuation, I've thought of a few more potential positive catalysts for Roku stock.Excluding its low-margin player revenue, Roku is trading at a little over 11 times its revenue, according to InvestorPlace columnist Vince Martin. Further, the streaming platform's 2020 guidance indicates that its high-margin revenue from advertising and subscription commissions -- the company calls the combined revenue from these two sources "platform revenue" -- will jump more than 60% year-over-year, Martin reported. He added that:InvestorPlace - Stock Market News, Stock Advice & Trading Tips"There are not a lot of stocks in this market growing revenue at a 60% clip in 2020. Those that are even in that ballpark often trade at 15 times revenue or more. And so there's now a fundamental case that -- again, on a relative basis -- Roku actually is cheap."I think that the combination of 60% growth and 11x revenue definitely does make Roku's shares quite cheap, especially given the company's huge opportunity ahead. Hardware Revenue and CompetitionBut Martin has two main reservations about Roku and Roku stock. Specifically, he notes that the company's hardware revenue currently carries very low margins, and he suggests that conventional TV providers like Comcast (NASDAQ:CMCSA) and AT&T (NYSE:T), along with big-tech companies like Alphabet (NASDAQ:GOOGL) and Amazon (NASDAQ:AMZN), could chip away at Roku's market share. * 10 Stocks to Buy for Your 10-Year-Old On the first point, I think that Roku's hardware margins are likely to increase in the medium to long term. As the company begins selling tens of millions more players in the U.S. and around the world, its production costs are likely to drop, pushing margins higher. Moreover, as the Roku brand becomes stronger, the company will probably be able to meaningfully increase its hardware prices, and it will likely release new, higher-margin products.This trend may have already begun: Roku's Streaming Stick looks similar to Google's Chromecast and Amazon's Fire TV Stick. But Roku's product costs $49, while Amazon's costs $39.99 and Google's costs just $28.50. Assuming Amazon and Google are breaking even on their products, and that they all cost about the same to produce, Roku's gross margin on its stick is 22.5%-72%.Moreover, many TV makers, including Sharp (OTC:SHCAY), TCL, and LG, are bundling Roku's operating system into their TVs. Since Roku likely doesn't have to produce much, if any, hardware to get its OS into those makers' TVs, its margins on those deals are probably pretty high. And, again, as the Roku brand gets stronger -- driven by the ease of use of its products, free publicity, and its dozens of content partners -- it will be able to charge TV makers more for using its OS. * 7 Ideal Stocks to Buy for Cautious Investors And as more TV makers incorporate Roku into smart TVs and millions more Americans buy smart TVs which have become much more affordable in recent years, the products from the Comcasts and AT&Ts of the world will become irrelevant for much of the market. After all, almost no one who already has Roku installed on his or her TV would bother taking the time to order and install a competing product from a TV provider, even if the latter product is free. Although the big-tech companies could also make deals with TV makers (Google has made many such deals), Roku appears to have a first-mover advantage over Google, and reviewers appear to view Roku as the best streaming TV system. The Bottom Line on Roku StockI continue to believe that Roku is poised to become the world's leading TV provider, and the company continues to have strong positive revenue and margin drivers. The recent pullback in Roku stock has made its shares extremely attractive.As of this writing, Larry Ramer owned shares of Roku stock. Larry Ramer has conducted research and written articles on U.S. stocks for 13 years. He has been employed by The Fly and Israel's largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been GE, solar stocks, and Snap. You can reach him on StockTwits at @larryramer. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Stocks to Buy in March for a Coronavirus Rebound * 5 Big Reasons Stocks Will Rebound From the Coronavirus Selloff * 4 Large-Cap Stocks Still in Trouble The post Roku Stock is Even More Attractive Following Its Pullback appeared first on InvestorPlace.

    • MarketWatch

      Japan electronics maker Sharp to make face masks at display factory

      Electronics maker Sharp Corp. said Monday it will start making surgical masks, which are in high demand because of the virus outbreak, using a plant in central Japan that usually makes displays.

    • Japan's January factory output beats forecasts but slowdown expected
      Reuters

      Japan's January factory output beats forecasts but slowdown expected

      Japan's factory output rose more than expected in January, providing some relief for policymakers amid heightened risks of a recession as the coronavirus outbreak in China disrupts supply chains and business activity. Official data on Friday showed factory output rose 0.8% in January from the previous month, a faster expansion than the 0.2% gain in a Reuters forecast, and following a downwardly revised 1.2% rise in the previous month. Manufacturers across Japan rely heavily on customers in China, the world's second-biggest economy, to buy their products, especially the parts and equipments that are supplied to China's factory floor.

    • Benzinga

      Japan Display Negotiating Factory Sale With Apple And Sharp

      Japan Display (JDI), a display technology joint venture, is in discussion with Apple and Sharp to sell its Hakusan factory in Ishikawa Prefecture, sources told the Nikkei. JDI could sell the factory to Apple for a price of between 80 billion and 90 billion yen ($730 million and $820 million), reports the Nikkei.

    • Japan Display in talks to sell key smartphone screen plant to Apple, Sharp - Nikkei
      Reuters

      Japan Display in talks to sell key smartphone screen plant to Apple, Sharp - Nikkei

      Cash-strapped Japan Display Inc is discussing the sale of its main smartphone screen factory to Apple Inc and Sharp Corp for as much as $820 million, the Nikkei business daily reported on Friday. Sharp, a unit of Taiwan's Foxconn and which like Japan Display is also a supplier of phone screens to Apple, said it was considering the purchase of the plant after receiving a request from a client it did not identify. "We are carefully considering it, reviewing the impact that any purchase would have on our earnings, and whether and how much risk it would entail," Sharp said in a statement.

    • Japan's Sharp beats second-quarter profit expectations on laptop business
      Reuters

      Japan's Sharp beats second-quarter profit expectations on laptop business

      Japan's Sharp Corp , an Apple supplier, posted a profit that beat expectations and was its first rise in five quarters, driven by the strength in the laptop business it bought from Toshiba . Sharp, which makes sensors, camera modules and screens for Apple's iPhones, posted an operating profit of 22.3 billion yen ($206.54 million) for the second quarter ended September, up from 22.2 billion yen a year prior. Sharp, a unit of Taiwan's Foxconn , maintained its profit forecast for the year ending March at 100 billion yen, versus a consensus estimate of 82.23 billion yen from 10 analysts.

    • Roku Q2 Earnings Preview: Active Accounts, Ads & Streaming Hours
      Zacks

      Roku Q2 Earnings Preview: Active Accounts, Ads & Streaming Hours

      Roku (ROKU) stock jumped 2% Monday as the broader market tumbled amid trade war worries. The climb is part of an astounding 244.3% climb for Roku shares in 2019. This climb likely has investors wondering if Roku's growth can continue.

    • Apple supplier Sharp tumbles as trade gloom offsets Vietnam plant plans
      Reuters

      Apple supplier Sharp tumbles as trade gloom offsets Vietnam plant plans

      Shares of Apple supplier Sharp Corp tumbled 14% on Friday given concerns about an escalating China-U.S. trade war, even as the Japanese firm said a day earlier that it would build a plant in Vietnam to ease any impact on its business. Sharp, which makes sensors, camera modules and screens for Apple Inc's iPhones, said late on Thursday the new plant in Vietnam will make flat screens, electronic devices and air purifiers from the fiscal year starting in April next year. The plant will allow it to shift part of its production from China if requested by customers, a Sharp executive said on Thursday after announcing a plan to set up a unit in Vietnam with $25 million capital to manage the factory.

    • Reuters

      Japan's Sharp to miss mid-term target, laments impact of Sino-U.S. trade

      Japan's Sharp Corp, an Apple Inc supplier, said on Thursday it would not meet its mid-term profit target in the current fiscal year after a shift in focus, and that a U.S.-China trade war is impacting its relationship with clients. The weak outlook comes as parent Foxconn, the world's largest contract manufacturer, tries to cut dependence on smartphone maker Apple as handset sales plateau. Sharp, which makes screens and camera modules for Apple's iPhones, expects operating profit to rise 19 percent to 100 billion yen ($909.84 million) for the year through March 2020 versus a year earlier.

    • Reuters

      Japan's Sharp sees 18 pct profit increase, but misses target

      Japan's Sharp Corp, an Apple Inc supplier, said on Thursday it expects its operating profit to rise 18.8 percent this year, but well below its target. Electronics maker Sharp, controlled by Taiwan's Foxconn , forecast operating profit of 100 billion yen ($909.84 million) for the year to March 2020, up from 84.1 billion yen a year earlier.

    • Reuters

      Japan's Sharp to return to U.S. TV market, regains brand licence

      Sharp Corp will re-enter the U.S. TV market later this year, the Japanese electronics company said on Wednesday, adding it had effectively regained the licence for its own TV brand sold to China's Hisense Group four years ago. The move is part of Sharp's growth strategy after a dramatic turnaround at the Osaka-based firm since it was taken over by Taiwan's Foxconn, the world's largest contract electronics, in 2016. Sharp declined to disclose details of the latest licensing arrangement with Hisense.

    • Japan Display mulls screen plant sale to Apple, Sharp: RPT
      Yahoo Finance Video

      Japan Display mulls screen plant sale to Apple, Sharp: RPT

      Apple is one of the best performing stocks of 2019, up over 80% year to date. This comes as Nikkei reports Japan Display is mulling the sale of its smart-phone screen plant to Apple and Sharp Corp. Yahoo Finance’s Jared Blikre joins Seana Smith on The Ticker to discuss.