Mazda Motor (OTCMKTS:MZDAY) Issues FY 2023 Earnings Guidance

Mazda Motor (OTCMKTS:MZDAY – Get Rating) issued an update on its FY 2023 earnings guidance on Friday morning. The company provided EPS guidance of $1.03-$1.03 for the period. The company issued revenue guidance of $30.89 billion-$30.89 billion.

Shares of OTCMKTS:MZDAY opened at $4.33 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.24 and a current ratio of 1.73. The firm has a fifty day moving average price of $3.82 and a 200 day moving average price of $3.84. Mazda Motor has a fifty-two week low of $3.03 and a fifty-two week high of $4.98. The firm has a market cap of $5.47 billion, a price-to-earnings ratio of 6.65 and a beta of 0.97.

MZDAY has been the subject of several research reports. Zacks Investment Research upgraded shares of Mazda Motor from a sell rating to a hold rating and set a $4.75 price objective for the company in a research report on Tuesday. Bank of America raised shares of Mazda Motor from a neutral rating to a buy rating in a research report on Wednesday, March 2nd. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of Hold and an average price target of $4.75.

Mazda Motor Company Profile (Get Rating)

Mazda Motor Corporation engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, North America, Europe, and internationally. Its principal products include four-wheeled vehicles, gasoline reciprocating engines, diesel engines, and automatic and manual transmissions for vehicles.

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