Short Interest in Bridgestone Corp. (OTCMKTS:BRDCY) Decreases By 49.0%

Bridgestone Corp. (OTCMKTS:BRDCY – Get Free Report) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 56,762 shares, a drop of 49.0% from the April 15th total of 111,293 shares. Based on an average daily volume of 555,258 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Bridgestone Stock Down 1.7%

BRDCY stock opened at $10.65 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.55 and a quick ratio of 1.76. The stock has a market capitalization of $28.41 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 1.05 and a beta of 0.55. The business’s fifty day moving average price is $10.49 and its two-hundred day moving average price is $15.36. Bridgestone has a fifty-two week low of $9.80 and a fifty-two week high of $12.55.

Get Bridgestone alerts:

Bridgestone (OTCMKTS:BRDCY – Get Free Report) last posted 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 firm had revenue of $7.04 billion for the quarter, compared to the consensus estimate of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. On average, equities analysts anticipate that Bridgestone will post 0.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Smbc Nikko Sec. downgraded Bridgestone from a “strong-buy” rating to a “hold” rating in a 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 equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Bridgestone presently has an average rating of “Hold”.

Get Our Latest Analysis on Bridgestone

About Bridgestone

(Get Free Report)

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.

Featured Articles

• Five stocks we like better than Bridgestone
• Viking Sails to All-Time Highs—Fundamentals Signal More to Come
• Datavalut Gains Traction: 5 Reasons to Sell Now
• TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
• The Power Grid Is Dying—Is It Time to Buy Its Replacement?

Receive News & Ratings for Bridgestone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgestone and related companies with MarketBeat.com's FREE daily email newsletter.