Bridgestone (BRDCY) Expected to Announce Quarterly Earnings on Thursday

Bridgestone (OTCMKTS:BRDCY) is projected to issue its resultson Thursday, May 14th. Analysts expect the company to announce earnings of $0.1976 per share and revenue of $6.8666 billion for the quarter.

Bridgestone Trading Down 0.1%

Shares of Bridgestone stock opened at $10.49 on Tuesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.76 and a current ratio of 2.55. Bridgestone has a 52 week low of $9.80 and a 52 week high of $12.55. The stock has a 50 day moving average price of $10.57 and a two-hundred day moving average price of $15.64. The stock has a market capitalization of $27.99 billion, a PE ratio of 15.43, a price-to-earnings-growth ratio of 1.02 and a beta of 0.55.

Analysts Set New Price Targets

BRDCY has been the subject of a number of research reports. Zacks Research cut Bridgestone from a “hold” rating to a “strong sell” rating in a research note on Friday, April 24th. Smbc Nikko Sec. lowered Bridgestone from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Bridgestone presently has an average rating of “Hold”.

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.