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

Mazda Motor (OTCMKTS:MZDAY – Get Rating) updated its FY 2023 earnings guidance on Friday. 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.

A number of research firms recently issued reports on MZDAY. Zacks Investment Research cut shares of Mazda Motor from a hold rating to a sell rating in a research note on Tuesday, May 17th. Bank of America raised shares of Mazda Motor from a neutral rating to a buy rating in a research note on Wednesday, March 2nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of Hold and an average price target of $4.25.

Mazda Motor stock opened at $4.28 on Friday. The company’s fifty day moving average price is $3.63 and its 200 day moving average price is $3.86. Mazda Motor has a 1 year low of $3.03 and a 1 year high of $4.98. The stock has a market capitalization of $5.40 billion, a P/E ratio of 6.68 and a beta of 0.98. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.24 and a current ratio of 1.73.

About Mazda Motor (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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