Zacks Research Downgrades Mazda Motor (OTCMKTS:MZDAY) to Hold

Mazda Motor (OTCMKTS:MZDAY) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

Mazda Motor Stock Performance

Mazda Motor stock opened at $3.81 on Tuesday. Mazda Motor has a 52 week low of $3.10 and a 52 week high of $4.55. The company has a current ratio of 1.52, a quick ratio of 1.09 and a debt-to-equity ratio of 0.39. The stock has a market cap of $4.81 billion, a P/E ratio of 7.06 and a beta of 0.56. The stock has a 50 day moving average of $3.55 and a 200-day moving average of $3.53.

Mazda Motor (OTCMKTS:MZDAY) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter. Mazda Motor had a net margin of 2.06% and a return on equity of 9.13%. The firm had revenue of $8.07 billion for the quarter. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. On average, analysts expect that Mazda Motor will post 0.5 EPS for the current fiscal year.

Mazda Motor Company Profile

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.