Mazda Motor (OTCMKTS:MZDAY) Upgraded to Strong-Buy at Zacks Research

Mazda Motor (OTCMKTS:MZDAY) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, Nomura upgraded shares of Mazda Motor to a “hold” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Mazda Motor has a consensus rating of “Moderate Buy”.

Mazda Motor Trading Down 1.1%

OTCMKTS MZDAY opened at $3.52 on Monday. The firm has a 50 day simple moving average of $3.46 and a 200-day simple moving average of $3.56. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.09 and a current ratio of 1.52. Mazda Motor has a one year low of $3.08 and a one year high of $4.55. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 22.00 and a beta of 0.54.

Mazda Motor (OTCMKTS:MZDAY) last announced its earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share for the quarter. Mazda Motor had a net margin of 0.62% and a return on equity of 5.58%. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. Equities research analysts anticipate that Mazda Motor will post 0.46 EPS for the current fiscal year.

About Mazda Motor

Mazda Motor Corporation is a Japan‐based automaker best known for its range of passenger cars, sport utility vehicles, and light commercial vehicles. With a reputation for engineering innovation, Mazda produces models such as the Mazda3 compact car, the Mazda6 sedan, the popular MX-5 Miata roadster, and the CX-series SUVs. The company emphasizes driving dynamics, fuel efficiency and distinctive design in its product lineup, leveraging its proprietary SKYACTIV technology to improve engine performance, chassis rigidity and transmission efficiency.

Founded in 1920 in Hiroshima under the name Toyo Cork Kogyo Co, Ltd., Mazda has evolved from a producer of machine tools into a global automotive manufacturer.