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OTCMKTS:BRDCY

Bridgestone (BRDCY) Stock Price, News & Analysis

$21.08
-0.18 (-0.85%)
(As of 06/7/2024 08:53 PM ET)
Today's Range
$21.06
$21.80
50-Day Range
$21.08
$22.46
52-Week Range
$18.30
$23.05
Volume
44,400 shs
Average Volume
108,538 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
2.23%
Price Target
N/A
BRDCY stock logo

About Bridgestone Stock (OTCMKTS:BRDCY)

Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. The company offers tires and tire tubes for passenger cars, trucks, buses, construction and off-road mining vehicles, industrial and agricultural machinery, aircraft, motorcycles, scooters, and other vehicles; automotive parts; automotive maintenance and repair services; and raw materials for tires and other products. It also provides chemical products, such as belts, hoses, rubber crawlers/MT pads, resin piping systems, seismic isolation rubbers, bridge rubber bearings, and block type rubber covered chain type bridge fall prevention devices. In addition, the company offers golf balls, golf clubs, and other sporting goods; bicycles, bicycle-related goods, and others; and finance and other services. It has operations in Japan, the Americas, Europe, Russia, the Middle East, India, Africa, China, Asia, Oceania, Oceania, and internationally. The company was incorporated in 1931 and is headquartered in Tokyo, Japan.

BRDCY Stock Price History

BRDCY Stock News Headlines

Bridgestone: We Prefer Its Peers
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Company Calendar

Last Earnings
2/16/2021
Today
6/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Tires & inner tubes
Sub-Industry
N/A
Current Symbol
OTCMKTS:BRDCY
CIK
N/A
Employees
129,262
Year Founded
1931

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$30.77 billion
Cash Flow
$3.22 per share
Book Value
$17.30 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
0.54
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Key Executives

  • Mr. Shuichi Ishibashi (Age 70)
    Global CEO, Representative Executive Officer & Director
    Comp: $1.27M
  • Mr. Masahiro Higashi (Age 63)
    Joint Global COO, Representative Executive Officer & Director
    Comp: $900.73k
  • Dr. Paolo Ferrari (Age 54)
    Joint Global COO, Executive VP, Executive Officer & Global Chief Business Solutions Officer
    Comp: $3.59M
  • Mr. Masato Sakano (Age 61)
    CTO & Senior Managing Executive Officer
  • Mr. Hidekazu Kimizu
    Chief Compliance Officer of Legal Affairs and Intellectual Property, VP & Senior Officer
  • Yoshikazu Shida
    Global Chief Communication Officer, Global Public Relations, Global Business Support
  • Motoi Mochizuki
    Chief Marketing Officer, VP & Senior Officer
  • Masayuki Ishii
    Chief Risk Officer, Chief Human Rights Offcr, HR & General Affrs, VP & Officer of Corporate Planning
  • Mahito Fuji
    Chief Quality Officer, VP & Officer of Mining, Aircraft, Agriculture Solutions, Production & Admin
  • Mr. Thomas Joseph Higgins
    Global Chief Business Strategic Officer & Senior Managing Executive Officer

Should I Buy Bridgestone Stock? BRDCY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Bridgestone Co.:

  • Bridgestone Co. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company's innovative product lineup, including the latest tire technologies, positions it well in the competitive market.
  • Recent cost-cutting measures have improved Bridgestone Co.'s profit margins, enhancing shareholder value.
  • Analysts predict a positive outlook for the company, with potential stock price appreciation in the near future.
  • Bridgestone Co.'s strong presence in emerging markets provides diversification and growth opportunities for investors.

Cons

Investors should be bearish about investing in Bridgestone Co. for these reasons:

  • Fluctuations in raw material prices, such as rubber, could impact Bridgestone Co.'s production costs and profitability.
  • Intense competition in the tire industry may limit Bridgestone Co.'s market share growth and pricing power.
  • Economic downturns or global trade tensions could affect consumer demand for Bridgestone Co.'s products.
  • Changes in regulations related to environmental standards could increase compliance costs for Bridgestone Co.
  • Investors should carefully monitor Bridgestone Co.'s debt levels and interest coverage ratio for financial stability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these Bridgestone pros and cons to contact@marketbeat.com.

BRDCY Stock Analysis - Frequently Asked Questions

How have BRDCY shares performed in 2024?

Bridgestone's stock was trading at $20.55 on January 1st, 2024. Since then, BRDCY shares have increased by 2.6% and is now trading at $21.08.
View the best growth stocks for 2024 here
.

Are investors shorting Bridgestone?

Bridgestone saw a increase in short interest in May. As of May 15th, there was short interest totaling 59,200 shares, an increase of 43.7% from the April 30th total of 41,200 shares. Based on an average daily trading volume, of 303,000 shares, the short-interest ratio is presently 0.2 days.
View Bridgestone's Short Interest
.

How were Bridgestone's earnings last quarter?

Bridgestone Co. (OTCMKTS:BRDCY) released its quarterly earnings results on Tuesday, February, 16th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.13. The business earned $8.10 billion during the quarter.

Is Bridgestone a good dividend stock?

Bridgestone (OTCMKTS:BRDCY) pays an annual dividend of $0.47 per share and currently has a dividend yield of 2.24%.

How do I buy shares of Bridgestone?

Shares of BRDCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Bridgestone have any subsidiaries?
The following companies are subsidiares of Bridgestone: Bridgestone (China) Investment Co. Ltd., Bridgestone (Wuxi) Tire Co. Ltd., Bridgestone Americas Inc., Bridgestone Americas Tire Operations LLC, Bridgestone Argentina S.A.I.C., Bridgestone Asia Pacific Pte Ltd, Bridgestone Asia Pacific Pte. Ltd, Bridgestone Australia Ltd., Bridgestone Bandag LLC, Bridgestone Canada Inc., Bridgestone Cycle Co. Ltd., Bridgestone Diversified Chemical Products Co. Ltd., Bridgestone Diversified Products Japan Co. Ltd., Bridgestone Europe NV/SA, Bridgestone Finance Corporation, Bridgestone Hispania Manufacturing S.L.U., Bridgestone India Private Ltd., Bridgestone Middle East & Africa FZE, Bridgestone Mining Solutions Australia Pty. Ltd., Bridgestone Poznan Sp. z o.o., Bridgestone Retail Japan Co. Ltd., Bridgestone Retail Operations LLC, Bridgestone South Africa (Pry) Ltd., Bridgestone Sports Co. Ltd., Bridgestone Tire Japan Co. Ltd., Bridgestone Tire Manufacturing (Thailand) Co. Ltd., Bridgestone Treasury Singapore Pte. Ltd., Bridgestone de Costa Rica S.A., Bridgestone de Mexico S.A. de C.V., Bridgestone do Brasil Industria e Comercio Ltda., Carmel Comunicaciones S.A. de C.V., Firestone Building Products Company LLC, Firestone Polymers LLC, Groupe Ayme, MBC Czech republic s.r.o., MBC Netherlands B.V., MBC Poland LLC sp. z o.o., MBC Switzerland Sàrl, P.T. Bridgestone Tire Indonesia, Pep Boys-Manny Moe & Jack (The), Speedy France, Thai Bridgestone Co. Ltd., Thompson Aerospace, TireConnect Systems, TomTom Telematics, V3GS Austria GmbH, VGlobal Corp S.A. de C.V., Viasat Brasil Participações Limitada, Viasat Brasil Serviços de Comunicações Limitada, Viasat Canada Corp., Viasat Ireland Limited, and Viasat Israel Ltd..
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This page (OTCMKTS:BRDCY) was last updated on 6/10/2024 by MarketBeat.com Staff

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