Bridgestone (BRDCY) to Release Quarterly Earnings on Thursday

Bridgestone (OTCMKTS:BRDCY) is expected to announce its resultson Thursday, May 14th. Analysts expect the company to announce earnings of $0.1976 per share and revenue of $6.8666 billion for the quarter.

Bridgestone Stock Down 1.1%

Shares of Bridgestone stock opened at $10.37 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 2.55 and a debt-to-equity ratio of 0.18. The firm has a market cap of $27.67 billion, a P/E ratio of 15.25, a P/E/G ratio of 1.02 and a beta of 0.55. Bridgestone has a fifty-two week low of $9.80 and a fifty-two week high of $12.55. The business has a 50-day moving average price of $10.53 and a 200 day moving average price of $15.56.

Analyst Upgrades and Downgrades

BRDCY has been the subject of several research analyst reports. Zacks Research lowered Bridgestone from a “hold” rating to a “strong sell” rating in a report on Friday, April 24th. Smbc Nikko Sec. downgraded Bridgestone from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus 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.