MAZDA MTR CORP/ADR (MZDAY) Downgraded to “Sell” at Zacks Investment Research

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MAZDA MTR CORP/ADR (OTCMKTS:MZDAY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Tuesday, Zacks.com reports.

According to Zacks, “Mazda Motor Corp. engages in the manufacture and sale of passenger cars, commercial vehicles and automotive parts. It products include trucks, engines, transmission parts, machine tools and materials for casting. The company operates primarily in Japan, North America, Europe and Other Areas. Mazda Motor Corp. is headquartered in Aki-gun, Japan. “

Separately, ValuEngine raised MAZDA MTR CORP/ADR from a “sell” rating to a “hold” rating in a research report on Tuesday, January 15th.

Shares of MZDAY opened at $5.86 on Tuesday. MAZDA MTR CORP/ADR has a 52-week low of $4.90 and a 52-week high of $6.67. The firm has a market capitalization of $7.00 billion, a price-to-earnings ratio of 6.23, a P/E/G ratio of 10.22 and a beta of 0.64. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 1.02.

MAZDA MTR CORP/ADR (OTCMKTS:MZDAY) last issued its earnings results on Wednesday, February 6th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). MAZDA MTR CORP/ADR had a return on equity of 6.05% and a net margin of 1.82%. The company had revenue of $7.93 billion during the quarter, compared to analyst estimates of $7.20 billion. On average, sell-side analysts forecast that MAZDA MTR CORP/ADR will post 0.36 EPS for the current fiscal year.

MAZDA MTR CORP/ADR Company Profile

Mazda Motor Corporation manufactures and sells passenger cars and commercial vehicles in Japan, North America, Europe, China, 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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