Bridgestone (OTCMKTS:BRDCY) Sees Strong Trading Volume – Should You Buy?

Shares of Bridgestone Corp. (OTCMKTS:BRDCYGet Free Report) saw an uptick in trading volume on Tuesday . 310,707 shares were traded during trading, a decline of 1% from the previous session’s volume of 314,540 shares.The stock last traded at $10.5320 and had previously closed at $10.45.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. 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 cut shares of Bridgestone from a “hold” rating to a “strong sell” rating in a research 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’s stock. According to data from MarketBeat, the company has an average rating of “Hold”.

Check Out Our Latest Analysis on Bridgestone

Bridgestone Stock Performance

The firm has a market cap of $28.44 billion, a P/E ratio of 16.66, a PEG ratio of 1.45 and a beta of 0.55. The company has a current ratio of 2.55, a quick ratio of 1.76 and a debt-to-equity ratio of 0.18. The company’s 50-day moving average is $10.47 and its two-hundred day moving average is $14.66.

Bridgestone (OTCMKTS:BRDCYGet Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.03. The business had revenue of $7.04 billion during the quarter, compared to the consensus estimate of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. As a group, equities analysts predict that Bridgestone Corp. will post 0.83 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.

Further Reading

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