Bridgestone (OTCMKTS:BRDCY) Shares Gap Up – What’s Next?

Bridgestone Corp. (OTCMKTS:BRDCY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $10.8150, but opened at $11.3250. Bridgestone shares last traded at $11.2375, with a volume of 808 shares trading hands.

Analyst Ratings Changes

BRDCY has been the subject of a number of recent analyst reports. Smbc Nikko Sec. downgraded Bridgestone from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. The Goldman Sachs Group lowered Bridgestone from a “strong-buy” rating to a “neutral” rating in a report on Wednesday, June 17th. Finally, Zacks Research upgraded Bridgestone from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Bridgestone presently has a consensus rating of “Moderate Buy”.

Bridgestone Trading Down 0.4%

The firm has a market capitalization of $29.64 billion, a PE ratio of 17.36, a PEG ratio of 1.46 and a beta of 0.56. The firm’s fifty day moving average is $10.60 and its two-hundred day moving average is $12.04. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.71 and a quick ratio of 1.83.

Bridgestone (OTCMKTS:BRDCY) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.20 by $0.03. The firm had revenue of $7.04 billion during the quarter, compared to analysts’ expectations of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. On average, equities analysts predict that Bridgestone Corp. will post 0.87 EPS for the current fiscal year.

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.