Bridgestone (OTCMKTS:BRDCY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Bridgestone (OTCMKTS:BRDCY) from a strong sell rating to a hold rating in a report released on Tuesday morning,Zacks.com reports.

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

Bridgestone Trading Down 0.9%

Shares of BRDCY opened at $10.53 on Tuesday. The firm has a market cap of $28.09 billion, a price-to-earnings ratio of 16.45, a PEG ratio of 1.40 and a beta of 0.56. 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 fifty-two week low of $9.80 and a fifty-two week high of $12.55. The firm has a 50 day moving average price of $10.55 and a 200-day moving average price of $13.80.

Bridgestone (OTCMKTS:BRDCY) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. The business 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 forecast that Bridgestone will post 0.87 earnings per share for the current year.

Bridgestone Company Profile

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.