Mazda Motor (OTCMKTS:MZDAY) Shares Gap Up – Should You Buy?

Mazda Motor Corporation (OTCMKTS:MZDAY) shares gapped up before the market opened on Thursday . The stock had previously closed at $3.22, but opened at $3.48. Mazda Motor shares last traded at $3.4318, with a volume of 3,138 shares.

Wall Street Analysts Forecast Growth

Separately, Nomura upgraded shares of Mazda Motor to a “hold” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mazda Motor presently has a consensus rating of “Hold”.

Mazda Motor Stock Down 1.1%

The stock has a market cap of $4.23 billion, a price-to-earnings ratio of 20.96 and a beta of 0.52. The firm’s fifty day moving average price is $3.38 and its two-hundred day moving average price is $3.66. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.60 and a quick ratio of 1.08.

Mazda Motor (OTCMKTS:MZDAY) last issued its earnings results on Tuesday, May 12th. The company reported $0.42 EPS for the quarter. Mazda Motor had a return on equity of 5.66% and a net margin of 0.62%.The company had revenue of $9.03 billion during the quarter. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. Sell-side analysts forecast that Mazda Motor Corporation will post 0.51 earnings per share 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.