Bridgestone (OTCMKTS:BRDCY – Get Free Report) is expected to be posting its results after the market closes on Thursday, November 12th. Analysts expect the company to post earnings of $0.2499 per share and revenue of $7.51 billion for the quarter.
Bridgestone Stock Performance
Shares of BRDCY opened at $12.80 on Thursday. Bridgestone has a 1 year low of $9.15 and a 1 year high of $13.64. The company’s 50 day simple moving average is $12.39 and its 200 day simple moving average is $11.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.78 and a quick ratio of 1.92.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on BRDCY shares. Zacks Research downgraded shares of Bridgestone from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. Sanford C. Bernstein cut Bridgestone from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Four investment analysts have rated the stock with a Hold rating. According to MarketBeat.com, the stock has a consensus rating of “Hold”.
About Bridgestone
Bridgestone Corporation is a Japan-based manufacturer of tires and rubber-related products. The company develops and sells tires for passenger cars, trucks, buses, motorcycles, aircraft, construction equipment, mining vehicles, agricultural machinery and other specialty applications. Its portfolio also includes retreaded tires and related services designed to support commercial and industrial fleets.
Founded in 1931 by Shojiro Ishibashi, Bridgestone has grown into a global mobility and materials company.
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