Bridgestone (OTCMKTS:BRDCY) Stock Rating Upgraded by Zacks Research

Bridgestone (OTCMKTS:BRDCY) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, Smbc Nikko Sec. downgraded Bridgestone from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Bridgestone has an average rating of “Moderate Buy”.

Bridgestone Stock Down 0.9%

Shares of BRDCY opened at $10.53 on Tuesday. Bridgestone has a 52-week low of $9.80 and a 52-week high of $12.55. The company has a market capitalization of $28.09 billion, a PE ratio of 16.45, a price-to-earnings-growth ratio of 1.40 and a beta of 0.56. The stock has a fifty day simple moving average of $10.55 and a two-hundred day simple moving average of $13.80. The company has a quick ratio of 1.76, a current ratio of 2.55 and a debt-to-equity ratio of 0.18.

Bridgestone (OTCMKTS:BRDCY) last issued its earnings results on Thursday, May 14th. The company reported $0.23 earnings per share (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 analyst estimates of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. As a group, equities analysts forecast that Bridgestone will post 0.87 EPS for the current 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.