CLSA upgraded shares of Bridgestone (OTCMKTS:BRDCY – Free Report) to a strong-buy rating in a research report released on Wednesday,Zacks.com reports.
Bridgestone Trading Up 0.2%
BRDCY stock opened at $23.23 on Wednesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.51 and a quick ratio of 1.69. Bridgestone has a twelve month low of $15.90 and a twelve month high of $24.54. The company’s 50 day moving average is $22.61 and its two-hundred day moving average is $21.22.
Bridgestone (OTCMKTS:BRDCY – Get Free Report) last released its quarterly earnings data on Friday, August 8th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.10). The business had revenue of $7.17 billion for the quarter, compared to the consensus estimate of $7.39 billion. As a group, equities research analysts expect that Bridgestone will post 1.72 EPS for the current fiscal year.
Bridgestone Company Profile
Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. The company offers tires and tire tubes for passenger cars, trucks, buses, construction and off-road mining vehicles, industrial and agricultural machinery, aircraft, motorcycles, scooters, and other vehicles; automotive parts; automotive maintenance and repair services; and raw materials for tires and other products.
Read More
- Five stocks we like better than Bridgestone
- How to Invest in the Best Canadian Stocks
- General Dynamics Hits New Highs: Why It Might Keep Climbing
- What Makes a Stock a Good Dividend Stock?
- Nike’s Turnaround: If the Shoe Fits, Buy It!
- How to Profit From Growth Investing
- NVIDIA Breaks Out to New Highs: What Comes Next?
Receive News & Ratings for Bridgestone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgestone and related companies with MarketBeat.com's FREE daily email newsletter.
