Bridgestone (OTCMKTS:BRDCY) Upgraded at Zacks Research

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

Separately, The Goldman Sachs Group lowered Bridgestone from a “strong-buy” rating to a “neutral” rating in a research note on Wednesday, June 17th. Two analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Bridgestone Stock Up 0.7%

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

Bridgestone (OTCMKTS:BRDCY) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.03. The business 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. On average, equities research analysts anticipate that Bridgestone will post 0.89 EPS 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.