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

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

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

Bridgestone Stock Down 0.9%

Shares of OTCMKTS BRDCY opened at $10.53 on Tuesday. Bridgestone has a 1 year low of $9.80 and a 1 year high of $12.55. The firm’s 50 day moving average price is $10.55 and its 200 day moving average price is $13.80. The firm has a market cap of $28.09 billion, a P/E ratio of 16.45, a price-to-earnings-growth 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 (OTCMKTS:BRDCY) last announced 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 firm had revenue of $7.04 billion for 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, sell-side analysts anticipate that Bridgestone will post 0.87 earnings per share 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.