Short Interest in Bridgestone Corp. (OTCMKTS:BRDCY) Expands By 405.0%

Bridgestone Corp. (OTCMKTS:BRDCYGet Free Report) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 449,315 shares, a growth of 405.0% from the May 14th total of 88,980 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 933,084 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on BRDCY shares. Zacks Research raised Bridgestone from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Smbc Nikko Sec. lowered Bridgestone from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Bridgestone currently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Analysis on BRDCY

Bridgestone Trading Up 0.1%

Shares of BRDCY stock traded up $0.01 during mid-day trading on Friday, reaching $10.59. 63,208 shares of the stock traded hands, compared to its average volume of 331,015. The stock’s fifty day simple moving average is $10.55 and its two-hundred day simple moving average is $13.71. Bridgestone has a 1-year low of $9.80 and a 1-year high of $12.55. The company has a market cap of $28.25 billion, a price-to-earnings ratio of 16.55, a price-to-earnings-growth ratio of 1.38 and a beta of 0.56. The company has a quick ratio of 1.76, a current ratio of 2.55 and a debt-to-equity ratio of 0.18.

Bridgestone (OTCMKTS:BRDCYGet Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.03. The firm 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. On average, research analysts anticipate that Bridgestone will post 0.87 EPS for the current fiscal year.

Bridgestone Company Profile

(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.

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