Mazda Motor (OTCMKTS:MZDAY) Releases Quarterly Earnings Results

Key Points

• Mazda Motor reported a quarterly loss of ($0.18) earnings per share, with a return on equity of 8.13% and a net margin of 2.24%.
• The company's stock price rose by $0.05 to $3.14, with a market capitalization of $3.96 billion and a PE ratio of 5.41.
• Analysts at Sanford C. Bernstein have upgraded Mazda Motor to a "strong sell" rating, indicating a bearish outlook for the stock.

Mazda Motor (OTCMKTS:MZDAY - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.18) EPS for the quarter, Zacks reports. Mazda Motor had a net margin of 0.39% and a return on equity of 3.37%. The company had revenue of $7.61 billion for the quarter.

Mazda Motor Trading Down 1.9%

OTCMKTS:MZDAY traded down $0.06 during mid-day trading on Thursday, reaching $3.13. The company's stock had a trading volume of 1,689 shares, compared to its average volume of 159,262. The company's fifty day simple moving average is $2.97 and its two-hundred day simple moving average is $3.10. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.48 and a quick ratio of 1.04. Mazda Motor has a twelve month low of $2.44 and a twelve month high of $4.37. The stock has a market cap of $3.94 billion, a P/E ratio of 31.25 and a beta of 0.63.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised Mazda Motor to a "strong sell" rating in a research note on Monday, April 14th.

Mazda Motor Company Profile

Mazda Motor Corporation engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, China, North America, Europe, and internationally. The company was formerly known as Toyo Kogyo Co, Ltd. and changed its name to Mazda Motor Corporation in May 1984. Mazda Motor Corporation was incorporated in 1920 and is headquartered in Hiroshima, Japan.