Bridgestone (OTCMKTS:BRDCY) Rating Increased to Strong-Buy at Zacks Research

Bridgestone (OTCMKTS:BRDCY) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

Separately, The Goldman Sachs Group downgraded shares of Bridgestone from a “strong-buy” rating to a “neutral” rating in a research note on Wednesday, June 17th. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Bridgestone Stock Up 0.7%

Shares of BRDCY opened at $13.58 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.83 and a current ratio of 2.71. Bridgestone has a one year low of $9.15 and a one year high of $13.64. The stock has a market capitalization of $36.23 billion, a price-to-earnings ratio of 21.22, a PEG ratio of 1.24 and a beta of 0.54. The stock has a 50 day moving average price of $11.31 and a 200 day moving average price of $11.04.

Bridgestone (OTCMKTS:BRDCY) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.03. The firm had revenue of $7.04 billion during the quarter, compared to analysts’ expectations of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. Equities research analysts forecast that Bridgestone will post 0.89 earnings per share for the current fiscal 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.