Bridgestone Stock Today
| BRDCF Stock | USD 42.83 0.12 0.28% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Bridgestone is trading at 42.83 as of the 18th of April 2024. This is a -0.28 percent decrease since the beginning of the trading day. The stock's lowest day price was 42.83. Bridgestone has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Bridgestone are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. The company was founded in 1931 and is headquartered in Tokyo, Japan. Bridgestone Corp operates under Auto Parts classification in the United States and is traded on OTC Exchange. The company has 684.38 M outstanding shares. More on Bridgestone
Moving against Bridgestone Pink Sheet
| 0.52 | PRSEF | Prosafe | PairCorr |
| 0.52 | AMKBF | AP Mller | PairCorr |
| 0.46 | PTAIY | Astra International Tbk Earnings Call This Week | PairCorr |
Follow Valuation Odds of Bankruptcy
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Bridgestone Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bridgestone's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bridgestone or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Gary Garfield |
| Business Concentration | Auto Parts, Consumer Cyclical (View all Sectors) |
Bridgestone [BRDCF] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Large-Cap' category with a current market capitalization of 25.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bridgestone's market, we take the total number of its shares issued and multiply it by Bridgestone's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Bridgestone classifies itself under Consumer Cyclical sector and is part of Auto Parts industry. The entity has 684.38 M outstanding shares.
Bridgestone has accumulated about 547.47 B in cash with 281.54 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 790.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Bridgestone Probability Of Bankruptcy
Ownership AllocationBridgestone holds a total of 684.38 Million outstanding shares. 30% of Bridgestone outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Bridgestone Ownership Details
Bridgestone Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Bridgestone jumping above the current price in 90 days from now is about 61.74%. The Bridgestone probability density function shows the probability of Bridgestone pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Bridgestone has a beta of 0.0949 suggesting as returns on the market go up, Bridgestone average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bridgestone will be expected to be much smaller as well. Additionally, bridgestone has an alpha of 0.1737, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Bridgestone to move above the current price in 90 days from now is about 61.74 (This Bridgestone probability density function shows the probability of Bridgestone Pink Sheet to fall within a particular range of prices over 90 days) .
Bridgestone Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Bridgestone market risk premium is the additional return an investor will receive from holding Bridgestone long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bridgestone. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Bridgestone's alpha and beta are two of the key measurements used to evaluate Bridgestone's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6556 | |||
| Semi Deviation | 0.6235 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.83 |
Bridgestone Stock Against Markets
Picking the right benchmark for Bridgestone pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bridgestone pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bridgestone is critical whether you are bullish or bearish towards Bridgestone at a given time. Please also check how Bridgestone's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bridgestone without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Bridgestone Corporate Directors
Bridgestone corporate directors refer to members of a Bridgestone board of directors. The board of directors generally takes responsibility for the Bridgestone's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Bridgestone's board members must vote for the resolution. The Bridgestone board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Narumi Zaitsu | Senior Managing Executive Officer, Director | Profile | |
| Hajime Mochizuki | Executive Officer, Chief Director of Film and Electrical Materials | Profile | |
| Yoshiyuki Morimoto | CTO, Sr. VP, Member of Board Assistant to Sr. VP and Director | Profile | |
| Yoko Suzuki | Independent Director | Profile |
How to buy Bridgestone Pink Sheet?
Before investing in Bridgestone, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Bridgestone. To buy Bridgestone stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Bridgestone. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Bridgestone stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Bridgestone stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Bridgestone stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Bridgestone, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Bridgestone?
The danger of trading Bridgestone is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Bridgestone is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Bridgestone. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bridgestone is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgestone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Bridgestone information on this page should be used as a complementary analysis to other Bridgestone's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Bridgestone Pink Sheet analysis
When running Bridgestone's price analysis, check to measure Bridgestone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bridgestone is operating at the current time. Most of Bridgestone's value examination focuses on studying past and present price action to predict the probability of Bridgestone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridgestone's price. Additionally, you may evaluate how the addition of Bridgestone to your portfolios can decrease your overall portfolio volatility.
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