Bridgestone (OTCMKTS:BRDCY) Reaches New 1-Year High – Time to Buy?

Bridgestone Corp. (OTCMKTS:BRDCY) shares reached a new 52-week high on Friday . The company traded as high as $13.33 and last traded at $13.33, with a volume of 59137 shares changing hands. The stock had previously closed at $12.35.

Analyst Ratings Changes

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

Bridgestone Price Performance

The company has a 50 day moving average price of $11.14 and a 200-day moving average price of $10.99. The company has a market cap of $35.31 billion, a price-to-earnings ratio of 20.68, a P/E/G ratio of 1.64 and a beta of 0.54. The company has a quick ratio of 1.83, a current ratio of 2.71 and a debt-to-equity ratio of 0.18.

Bridgestone (OTCMKTS:BRDCY) last posted its earnings results on Thursday, May 14th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.20 by $0.03. The business 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. As a group, equities research analysts predict that Bridgestone Corp. will post 0.86 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.