MAZDA Mtr Corp/ADR (OTCMKTS:MZDAY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Friday.
According to Zacks, “Mazda Motor Corp. engages in the manufacture and sale of passenger cars, commercial vehicles and automotive parts. It products include trucks, engines, transmission parts, machine tools and materials for casting. The company operates primarily in Japan, North America, Europe and Other Areas. Mazda Motor Corp. is headquartered in Aki-gun, Japan. “
Separately, JPMorgan Chase & Co. lowered shares of MAZDA Mtr Corp/ADR from a “neutral” rating to a “sell” rating in a research report on Thursday, August 23rd.
MAZDA Mtr Corp/ADR (OTCMKTS:MZDAY) last issued its earnings results on Wednesday, October 31st. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.02 by $0.05. MAZDA Mtr Corp/ADR had a net margin of 2.07% and a return on equity of 6.78%. The company had revenue of $7.68 billion for the quarter, compared to analyst estimates of $7.38 billion. Analysts forecast that MAZDA Mtr Corp/ADR will post 0.5 EPS for the current year.
MAZDA Mtr Corp/ADR Company Profile
Mazda Motor Corporation manufactures and sells passenger cars and commercial vehicles in Japan, North America, Europe, China, and internationally. Its principal products include four-wheeled vehicles, gasoline reciprocating engines, diesel engines, and automatic and manual transmissions for vehicles.
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