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Bridgestone (BRDCY) Moves 5.8% Higher: Will This Strength Last?
ZACKS· 2025-04-10 12:25
Bridgestone Corp. (BRDCY) shares soared 5.8% in the last trading session to close at $19.22. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9.2% loss over the past four weeks.Bridgestone stock surged yesterday amid a broader market rebound following Trump’s 90-day pause in reciprocal tariffs on most countries (except China). The move came in response to steep market declines and growing fears that tariff increases could push the ...
Is Bridgestone (BRDCY) Outperforming Other Auto-Tires-Trucks Stocks This Year?
ZACKS· 2025-03-31 14:42
The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Bridgestone Corp. (BRDCY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question. Bridgestone Corp. is a member of the Auto-Tires-Trucks sec ...
Has Bridgestone (BRDCY) Outpaced Other Auto-Tires-Trucks Stocks This Year?
ZACKS· 2025-03-14 14:40
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has Bridgestone Corp. (BRDCY) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question.Bridgestone Corp. is a member of the Auto-Tires-Trucks sector. This group includes 100 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector ...
Bridgestone: Strategically Sound With Good Traction
Seeking Alpha· 2025-02-24 04:26
A small position in Bridgestone Corporation ( OTCPK:BRDCY ) ( OTCPK:BRDCF ) may be warranted in your investment portfolio. Bridgestone is a dominant player in the global tire market, with a long-standing reputation for producing high-quality, premium tires. The company is well positioned inTailwind value investor with Chemical Engineering background including BS, MS, and PhD degrees. My investing style is to apply a mix of fundamental valuation and technical analysis. I'm attracted to companies in the techn ...
Bridgestone(BRDCY) - 2024 Q4 - Earnings Call Transcript
2025-02-22 15:22
Financial Data and Key Metrics Changes - The company achieved a year-on-year increase in revenue to approximately JPY4.4 trillion and adjusted operating profit of approximately JPY480 billion, with an adjusted operating profit margin of 10.9% [4][43] - Net income from continuing operations was JPY295 billion, with ROIC at 8.2% and ROE at 8.1%, both below the previous year's levels [4][44] - For 2025, the company expects revenue of JPY4.370 trillion, up 2% year-on-year, and adjusted operating profit of JPY505 billion, an increase of 11% [52][27] Business Line Data and Key Metrics Changes - The North American business saw increases in both revenue and profit, aided by favorable currency exchange rates, despite a decline in unit sales of passenger car and light truck tires [7][46] - The premium tire business maintained an adjusted operating profit margin of 14%, while the diversified products business faced significant profit declines due to lower demand [14][48] - Latin America experienced a decrease in revenue and profit, landing in the red, particularly in Brazil, where measures against low-end imports were insufficient [10][11] Market Data and Key Metrics Changes - The company reported improved profitability in Asia Pacific, India, and Europe, while profitability in Japan and the Americas decreased [45] - In Europe, the premium tire business saw increased revenue and profit, particularly in the passenger car replacement segment [11][12] - The mining tire business continued to perform strongly, with significant profit increases in both mining and aircraft tire solutions [13][48] Company Strategy and Development Direction - The company has positioned 2025 as "The year of Emergency and Crisis Management," focusing on rebuilding and enhancing business quality while pursuing growth [6][16] - Strategic initiatives include optimizing business footprints, enhancing premium focus, and improving cost structures to support profitability [9][22] - The company aims to strengthen its presence in growth markets such as the US, India, and commercial B2B solutions [24][25] Management's Comments on Operating Environment and Future Outlook - Management expressed a strong sense of urgency regarding declining earning power and capital efficiency, emphasizing the need for a robust business quality [7][16] - The company anticipates a challenging business environment in 2025 but remains committed to solidifying its defense and implementing offensive initiatives [40][41] - Management highlighted the importance of adapting to external factors, including potential tariffs and market conditions, while maintaining a focus on premium products [30][79] Other Important Information - The company plans to conduct a share buyback of up to 75 million shares at a cost of JPY300 billion, with a target equity ratio of 55% over the medium term [36][37] - The dividend payout ratio is set to increase to 50%, with a planned minimum dividend of JPY230 for 2025, up from JPY210 in 2024 [38][61] - The company is committed to sustainability initiatives, including carbon neutrality and responsible resource management [35] Q&A Session Summary Question: Current Business Environment and Regional Outlook - Management acknowledged the ongoing severe business environment but noted improvements in North America, particularly in the truck and bus tire segment [66][71] - The company is optimistic about the future of the consumer tire market, especially with the revitalization of the Firestone brand [75][76] Question: Financial Plans and Tariff Implications - Management discussed the anticipated increase in selling prices and the impact of feedstock costs, emphasizing a disciplined approach to pricing [68][80] - The uncertainty surrounding import tariffs was acknowledged, with plans in place to mitigate potential impacts [70][79] Question: Rebuilding Resources and Future Targets - The company plans to invest JPY100 billion in rebuilding efforts, primarily related to the closure of the LaVergne plant, with a focus on achieving a 10% ROIC by 2026 [92][94] - Management expressed confidence in reaching adjusted operating margin targets of 12% to 13% by 2026 through improved business quality [95][96] Question: Long-term Business Management and Growth Aspirations - Management emphasized the importance of growth with quality and improving capital efficiency as foundational objectives [113][116] - The company remains committed to enhancing its B2C operations while maintaining a strong focus on B2B solutions [120][121]
BRDCY or LI: Which Is the Better Value Stock Right Now?
ZACKS· 2025-02-20 17:45
Investors looking for stocks in the Automotive - Foreign sector might want to consider either Bridgestone Corp. (BRDCY) or Li Auto Inc. Sponsored ADR (LI) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate ...
Port and Industrial Tires Business Research Report 2024-2030, Competitive Analysis of 25 Players Including Balkrishna Industries, Bridgestone, Camso, Cheng Shin Rubber, & Continental
GlobeNewswire News Room· 2025-01-15 10:10
Dublin, Jan. 15, 2025 (GLOBE NEWSWIRE) -- The "Port and Industrial Tires - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.The global market for Port and Industrial Tires was estimated at US$8.8 Billion in 2023 and is projected to reach US$11.2 Billion by 2030, growing at a CAGR of 3.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in ...
Bridgestone: Trump Might Ease Thai Import Pressure
Seeking Alpha· 2025-01-13 07:08
If you thought our angle on this company was interesting, you may want to check out our idea room, The Value Lab . We focus on long-only value ideas of interest to us, where we try to find international mispriced equities and target a portfolio yield of about 4% . We've done really well for ourselves over the last 5 years, but it took getting our hands dirty in international markets. If you are a value-investor, serious about protecting your wealth, our gang could help broaden your horizons and give some in ...
Tire Producers: Healthy Dividends With Defensive History
Seeking Alpha· 2024-09-19 02:25
I most often base my analysis on company fundamentals, industry specific data, and broader economic trends. I read company quarterly presentations, but very rarely cut and paste presentation content and include it with my analysis. Those presentations are put together specifically to present company data and results in the most favorable way limited only by SEC regulations. I have not seen a single company presentation advising investors to sell.I sometimes work with fellow Seeking Alpha author Badsha Chowd ...
Bridgestone: Pressure From Low-Cost Thai Imports In Key Markets
Seeking Alpha· 2024-08-25 23:23
sfc-co2 Revenue Co Adjusted Margin ZIRIDGESTONE Bridgestone Corporation (OTCPK:BRDCF) (OTCPK:BRDCY) saw a bit of pressure on some of its more profitable products due to low-priced Thai imports taking the market by storm, with a destocking trend ahead of possible higher tariffs. While Bridgestone is looking more discounted now compared to pers unlike in our previous coverage, and is doing a bit better than some peers in specialty segments, they are still exposed to this Thai import situation and may see anot ...