Mazda Motor (OTCMKTS:MZDAY) Rating Lowered to Hold at Zacks Research

Mazda Motor (OTCMKTS:MZDAY) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks reports.

Mazda Motor Stock Performance

Mazda Motor stock opened at $3.81 on Tuesday. The firm’s fifty day moving average price is $3.55 and its 200-day moving average price is $3.53. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.09 and a current ratio of 1.52. The stock has a market cap of $4.81 billion, a P/E ratio of 7.06 and a beta of 0.56. Mazda Motor has a fifty-two week low of $3.10 and a fifty-two week high of $4.55.

Mazda Motor (OTCMKTS:MZDAY) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter. Mazda Motor had a net margin of 2.06% and a return on equity of 9.13%. The company had revenue of $8.07 billion during the quarter. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. On average, equities research analysts expect that Mazda Motor will post 0.5 earnings per share for the current fiscal year.

About Mazda Motor

Mazda Motor Corporation is a Japan‐based automaker best known for its range of passenger cars, sport utility vehicles, and light commercial vehicles. With a reputation for engineering innovation, Mazda produces models such as the Mazda3 compact car, the Mazda6 sedan, the popular MX-5 Miata roadster, and the CX-series SUVs. The company emphasizes driving dynamics, fuel efficiency and distinctive design in its product lineup, leveraging its proprietary SKYACTIV technology to improve engine performance, chassis rigidity and transmission efficiency.

Founded in 1920 in Hiroshima under the name Toyo Cork Kogyo Co, Ltd., Mazda has evolved from a producer of machine tools into a global automotive manufacturer.