Bridgestone (OTCMKTS:BRDCY – Get Free Report) issued its earnings results on Thursday. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.20 by $0.03, Zacks reports. Bridgestone updated its FY 2026 guidance to 0.860-0.860 EPS.
Bridgestone Stock Up 3.8%
Shares of BRDCY stock traded up $0.40 during midday trading on Thursday, reaching $10.83. 253,569 shares of the stock were exchanged, compared to its average volume of 254,144. Bridgestone has a 1 year low of $9.80 and a 1 year high of $12.55. The firm has a market cap of $28.90 billion, a PE ratio of 15.93, a price-to-earnings-growth ratio of 1.01 and a beta of 0.55. The company’s 50 day moving average is $10.50 and its two-hundred day moving average is $15.39. The company has a current ratio of 2.55, a quick ratio of 1.76 and a debt-to-equity ratio of 0.18.
Wall Street Analysts Forecast Growth
BRDCY has been the topic of a number of analyst reports. Smbc Nikko Sec. cut shares of Bridgestone from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 11th. Zacks Research downgraded Bridgestone from a “hold” rating to a “strong sell” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Bridgestone currently has an average rating of “Hold”.
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.
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