Mazda Motor (OTCMKTS:MZDAY) Announces 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) released its earnings results on Tuesday. The company reported ($0.18) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $7.61 billion during the quarter. Mazda Motor had a net margin of 0.39% and a return on equity of 3.37%.

Mazda Motor Stock Up 5.8%

Shares of OTCMKTS MZDAY traded up $0.18 during mid-day trading on Friday, reaching $3.26. The company had a trading volume of 184,690 shares, compared to its average volume of 121,627. Mazda Motor has a twelve month low of $2.44 and a twelve month high of $4.37. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.48. The stock has a market capitalization of $4.11 billion, a PE ratio of 32.60 and a beta of 0.63. The stock's 50 day moving average is $2.97 and its 200-day moving average is $3.09.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded Mazda Motor to a "strong sell" rating in a report 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.