Zacks Research Downgrades Mazda Motor (OTCMKTS:MZDAY) to Hold

Mazda Motor (OTCMKTS:MZDAY) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday, Zacks reports.

Mazda Motor Stock Down 1.3%

MZDAY opened at $3.81 on Tuesday. The company has a fifty day moving average price of $3.55 and a 200-day moving average price of $3.53. The firm has a market capitalization of $4.81 billion, a P/E ratio of 7.06 and a beta of 0.56. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.52 and a quick ratio of 1.09. Mazda Motor has a one year low of $3.10 and a one year high of $4.55.

Mazda Motor (OTCMKTS:MZDAY) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter. Mazda Motor had a return on equity of 9.13% and a net margin of 2.06%.The company had revenue of $8.07 billion for the quarter. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. Equities research analysts expect that Mazda Motor will post 0.5 earnings per share for the current fiscal year.

Mazda Motor Company Profile

Mazda Motor Corporation is a Japan‐based automaker best known for its range of passenger cars, sport utility vehicles, and light commercial vehicles. With a reputation for engineering innovation, Mazda produces models such as the Mazda3 compact car, the Mazda6 sedan, the popular MX-5 Miata roadster, and the CX-series SUVs. The company emphasizes driving dynamics, fuel efficiency and distinctive design in its product lineup, leveraging its proprietary SKYACTIV technology to improve engine performance, chassis rigidity and transmission efficiency.

Founded in 1920 in Hiroshima under the name Toyo Cork Kogyo Co, Ltd., Mazda has evolved from a producer of machine tools into a global automotive manufacturer.