Bridgestone Corp. (OTCMKTS:BRDCY) Short Interest Update

Bridgestone Corp. (OTCMKTS:BRDCY) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 56,762 shares, a decline of 49.0% from the April 15th total of 111,293 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 555,258 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on BRDCY shares. Smbc Nikko Sec. lowered Bridgestone from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. Zacks Research lowered Bridgestone from a “hold” rating to a “strong sell” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Bridgestone has an average rating of “Hold”.

Bridgestone Stock Performance

BRDCY opened at $10.65 on Monday. The firm has a market cap of $28.41 billion, a P/E ratio of 15.66, a price-to-earnings-growth ratio of 1.40 and a beta of 0.55. Bridgestone has a 52-week low of $9.80 and a 52-week high of $12.55. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.76 and a current ratio of 2.55. The business’s fifty day moving average is $10.49 and its 200-day moving average is $15.31.

Bridgestone (OTCMKTS:BRDCY) last released its earnings results on Thursday, May 14th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.03. The company had revenue of $7.04 billion for the quarter, compared to analyst estimates of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. Sell-side analysts expect that Bridgestone will post 0.87 EPS for the current fiscal year.

About Bridgestone

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.