Bridgestone (OTCMKTS:BRDCY) Stock Rating Upgraded by Zacks Research

Bridgestone (OTCMKTS:BRDCY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Separately, Smbc Nikko Sec. cut Bridgestone from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Bridgestone Stock Down 0.9%

Shares of OTCMKTS:BRDCY opened at $10.53 on Tuesday. The business has a 50-day moving average price of $10.55 and a 200 day moving average price of $13.80. The company has a current ratio of 2.55, a quick ratio of 1.76 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $28.09 billion, a price-to-earnings ratio of 16.45, a PEG ratio of 1.40 and a beta of 0.56. Bridgestone has a 12-month low of $9.80 and a 12-month high of $12.55.

Bridgestone (OTCMKTS:BRDCY) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. The business had revenue of $7.04 billion for the quarter, compared to analyst estimates of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. Sell-side analysts expect that Bridgestone will post 0.87 EPS for the current 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.