Bridgestone (OTCMKTS:BRDCY) Sees Large Volume Increase – What’s Next?

Bridgestone Corp. (OTCMKTS:BRDCY) saw unusually-high trading volume on Monday . Approximately 357,920 shares were traded during trading, an increase of 21% from the previous session’s volume of 296,343 shares.The stock last traded at $10.5475 and had previously closed at $10.65.

Analysts Set New Price Targets

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

Bridgestone Price Performance

The company’s 50-day simple moving average is $10.49 and its 200 day simple moving average is $15.31. The company has a market capitalization of $27.96 billion, a P/E ratio of 15.41, a P/E/G ratio of 1.40 and a beta of 0.55. The company has a quick ratio of 1.76, a current ratio of 2.55 and a debt-to-equity ratio of 0.18.

Bridgestone (OTCMKTS:BRDCY) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.03. The business had revenue of $7.04 billion for the quarter, compared to the consensus estimate of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. As a group, sell-side analysts expect that Bridgestone Corp. will post 0.87 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.