Mazda Motor (OTCMKTS:MZDAY) Stock Crosses Above 50 Day Moving Average - What's Next?

Key Points

• Mazda Motor shares crossed above their 50-day moving average, reaching $3.6650 before last trading at $3.6570; the 50-day average was $3.48, versus $3.55 for the 200-day average.
• Analyst sentiment is broadly positive, with Zacks Research upgrading the stock to “strong buy.” MarketBeat’s consensus rating is “Moderate Buy,” based on one Strong Buy, one Buy, and two Hold ratings.
• Mazda reported quarterly EPS of $0.16 on $8.07 billion in revenue, with a 2.06% net margin and 9.13% return on equity; management’s fiscal 2027 EPS guidance is $0.46.

Mazda Motor Corporation (OTCMKTS:MZDAY - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3.48 and traded as high as $3.6650. Mazda Motor shares last traded at $3.6570, with a volume of 27,331 shares traded.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Zacks Research upgraded shares of Mazda Motor from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 3rd. Nomura upgraded Mazda Motor to a "hold" rating in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, Mazda Motor currently has an average rating of "Moderate Buy".

Mazda Motor Trading Down 0.6%

The business has a 50 day moving average of $3.48 and a 200-day moving average of $3.55. The company has a current ratio of 1.52, a quick ratio of 1.09 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $4.61 billion, a P/E ratio of 6.77 and a beta of 0.54.

Mazda Motor (OTCMKTS:MZDAY - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share for the quarter. The firm had revenue of $8.07 billion for the quarter. Mazda Motor had a net margin of 2.06% and a return on equity of 9.13%. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. Analysts anticipate that Mazda Motor Corporation will post 0.46 EPS for the current fiscal year.

Hedge Funds Weigh In On Mazda Motor

An institutional investor recently bought a new position in Mazda Motor stock. Kirtland Hills Capital Management LLC bought a new position in shares of Mazda Motor Corporation (OTCMKTS:MZDAY - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 6,765 shares of the company's stock, valued at approximately $400,000.

About Mazda Motor

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.

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