Bridgestone (OTCMKTS:BRDCY) Shares Gap Up – Should You Buy?

Bridgestone Corp. (OTCMKTS:BRDCY) gapped up prior to trading on Tuesday . The stock had previously closed at $10.8150, but opened at $11.3250. Bridgestone shares last traded at $11.2375, with a volume of 808 shares traded.

Analysts Set New Price Targets

Several research firms recently commented on BRDCY. Smbc Nikko Sec. lowered shares of Bridgestone from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. The Goldman Sachs Group lowered shares of Bridgestone from a “strong-buy” rating to a “neutral” rating in a research report on Wednesday, June 17th. Finally, Zacks Research raised Bridgestone from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Bridgestone Price Performance

The stock has a 50 day moving average of $10.55 and a two-hundred day moving average of $12.29. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.83 and a current ratio of 2.71. The stock has a market cap of $29.95 billion, a PE ratio of 17.54, a PEG ratio of 1.42 and a beta of 0.56.

Bridgestone (OTCMKTS:BRDCY) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.03. The firm had revenue of $7.04 billion for the quarter, compared to analysts’ expectations of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. Equities analysts anticipate that Bridgestone Corp. will post 0.87 EPS 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.