Bridgestone (OTCMKTS:BRDCY) Shares Gap Up – Time to Buy?

Bridgestone Corp. (OTCMKTS:BRDCY)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $12.51, but opened at $13.53. Bridgestone shares last traded at $13.54, with a volume of 4,974 shares trading hands.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Zacks Research raised shares of Bridgestone from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 9th. The Goldman Sachs Group cut Bridgestone from a “strong-buy” rating to a “neutral” rating in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Bridgestone Stock Performance

The company has a market cap of $36.10 billion, a P/E ratio of 21.14, a PEG ratio of 1.77 and a beta of 0.54. The company has a current ratio of 2.71, a quick ratio of 1.83 and a debt-to-equity ratio of 0.18. The business’s 50 day simple moving average is $11.19 and its 200 day simple moving average is $11.00.

Bridgestone (OTCMKTS:BRDCY) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate 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. Sell-side analysts predict that Bridgestone Corp. will post 0.86 earnings per share for the current fiscal 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.