Bridgestone (OTCMKTS:BRDCY) Shares Gap Up – Time to Buy?

Bridgestone Corp. (OTCMKTS:BRDCY)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $12.51, but opened at $13.53. Bridgestone shares last traded at $13.54, with a volume of 4,974 shares.

Wall Street Analyst Weigh In

BRDCY has been the subject of several analyst reports. The Goldman Sachs Group cut Bridgestone from a “strong-buy” rating to a “neutral” rating in a report on Wednesday, June 17th. Zacks Research upgraded Bridgestone from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Bridgestone Stock Performance

The company has a fifty day moving average of $11.31 and a two-hundred day moving average of $11.04. The firm has a market capitalization of $36.23 billion, a price-to-earnings ratio of 21.22, a PEG ratio of 1.24 and a beta of 0.54. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.83 and a current ratio of 2.71.

Bridgestone (OTCMKTS:BRDCY) last issued its quarterly earnings data 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 during the quarter, compared to analyst estimates of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. As a group, equities research analysts predict that Bridgestone Corp. will post 0.89 earnings per share 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.