Mazda Motor (OTCMKTS:MZDAY) Updates FY 2022 Earnings Guidance

Mazda Motor (OTCMKTS:MZDAY) updated its FY 2022 earnings guidance on Wednesday. The company provided earnings per share guidance of $0.590-$0.590 for the period. The company issued revenue guidance of $28.83 billion-$28.83 billion.

MZDAY has been the topic of a number of recent research reports. The Goldman Sachs Group raised Mazda Motor from a sell rating to a neutral rating in a research note on Monday. Credit Suisse Group raised Mazda Motor from an underperform rating to a neutral rating in a research note on Tuesday, August 17th. Finally, Zacks Investment Research raised Mazda Motor from a sell rating to a hold rating in a research note on Wednesday, October 20th.

Mazda Motor stock traded up $0.09 during trading on Thursday, hitting $4.63. 42,684 shares of the company were exchanged, compared to its average volume of 58,015. The company has a market capitalization of $5.85 billion, a P/E ratio of 6.92 and a beta of 1.08. The company has a current ratio of 1.82, a quick ratio of 1.31 and a debt-to-equity ratio of 0.61. The business’s 50 day moving average is $4.44 and its 200 day moving average is $4.44. Mazda Motor has a 52 week low of $2.93 and a 52 week high of $4.98.

About Mazda Motor

Mazda Motor Corp. engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, North America, Europe, China, and internationally. Its products include four-wheeled vehicles, gasoline reciprocating engines, diesel engines, automatic and manual transmissions for vehicles, trucks, various engines, transmission parts, machine tools, and materials for casting.

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Earnings History and Estimates for Mazda Motor (OTCMKTS:MZDAY)

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