Bridgestone (OTCMKTS:BRDCY) Sets New 1-Year Low – Here’s What Happened

Bridgestone Corp. (OTCMKTS:BRDCY)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as $9.15 and last traded at $10.42, with a volume of 159374 shares. The stock had previously closed at $10.60.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on BRDCY shares. Zacks Research raised shares of Bridgestone from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. The Goldman Sachs Group downgraded shares of Bridgestone from a “strong-buy” rating to a “neutral” rating in a research report on Wednesday, June 17th. Finally, Smbc Nikko Sec. lowered Bridgestone from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Bridgestone has a consensus rating of “Moderate Buy”.

Bridgestone Trading Down 1.6%

The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.76 and a current ratio of 2.55. The stock has a market capitalization of $27.84 billion, a PE ratio of 16.30, a PEG ratio of 1.41 and a beta of 0.56. The stock has a 50-day moving average price of $10.57 and a two-hundred day moving average price of $13.09.

Bridgestone (OTCMKTS:BRDCY) last released its earnings results on Thursday, May 14th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate 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. As a group, equities analysts forecast that Bridgestone Corp. 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.