Bridgestone (OTCMKTS:BRDCY) Reaches New 12-Month Low – Should You Sell?

Bridgestone Corp. (OTCMKTS:BRDCY) hit a new 52-week low on Tuesday . The company traded as low as $9.15 and last traded at $10.42, with a volume of 159374 shares traded. The stock had previously closed at $10.60.

Analyst Ratings Changes

BRDCY has been the topic of several recent analyst reports. Zacks Research upgraded Bridgestone from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 9th. Smbc Nikko Sec. downgraded Bridgestone from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. Finally, The Goldman Sachs Group cut Bridgestone from a “strong-buy” rating to a “neutral” rating in a research report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Bridgestone Trading Down 1.6%

The company has a debt-to-equity ratio of 0.18, a current ratio of 2.55 and a quick ratio of 1.76. The stock’s 50-day moving average is $10.57 and its two-hundred day moving average is $13.09. The company has a market cap of $27.84 billion, a P/E ratio of 16.30, a P/E/G ratio of 1.41 and a beta of 0.56.

Bridgestone (OTCMKTS:BRDCY) last posted its earnings results on Thursday, May 14th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. The company had revenue of $7.04 billion during the quarter, compared to the consensus estimate of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. As a group, equities research analysts predict that Bridgestone Corp. will post 0.87 earnings per share for the current fiscal year.

About Bridgestone

Bridgestone Corporation is a Japanese multinational company principally engaged in the design, manufacture and sale of tires and rubber products. Founded in 1931 by Shojiro Ishibashi and headquartered in Tokyo, the company has grown into one of the world’s largest tire manufacturers, offering products for a broad range of vehicles and applications.

The company’s core offerings include tires for passenger cars, motorcycles, commercial trucks and buses, agricultural and off‑the‑road equipment, and aircraft.