MAZDA MTR CORP/ADR (OTCMKTS:MZDAY) Downgraded by Goldman Sachs Group to “Sell”

Goldman Sachs Group cut shares of MAZDA MTR CORP/ADR (OTCMKTS:MZDAY) from a neutral rating to a sell rating in a research report released on Wednesday, June 26th, The Fly reports.

Several other equities analysts also recently weighed in on MZDAY. Macquarie upgraded MAZDA MTR CORP/ADR from an underperform rating to a neutral rating in a research report on Thursday, May 9th. Zacks Investment Research cut GENEL ENERGY PL/ADR from a buy rating to a hold rating in a report on Tuesday, May 7th. Finally, ValuEngine raised Westpac Banking from a sell rating to a hold rating in a report on Wednesday, May 22nd. Four investment analysts have rated the stock with a sell rating and one has given a hold rating to the company. The stock currently has an average rating of Sell and an average price target of $7.00.

OTCMKTS:MZDAY traded down $0.03 during mid-day trading on Wednesday, hitting $5.02. 65,893 shares of the company’s stock traded hands, compared to its average volume of 46,150. The company has a market cap of $6.10 billion, a P/E ratio of 9.65 and a beta of 0.92. MAZDA MTR CORP/ADR has a twelve month low of $4.76 and a twelve month high of $6.35. The stock has a fifty day moving average of $5.08. The company has a quick ratio of 1.04, a current ratio of 1.46 and a debt-to-equity ratio of 0.35.

MAZDA MTR CORP/ADR (OTCMKTS:MZDAY) last posted its earnings results on Thursday, May 9th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.10 by $0.11. The firm had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.63 billion. MAZDA MTR CORP/ADR had a return on equity of 5.85% and a net margin of 1.79%. Analysts expect that MAZDA MTR CORP/ADR will post 0.49 earnings per share for the current year.


Mazda Motor Corporation manufactures and sells passenger cars and commercial vehicles in Japan, North America, Europe, China, and internationally. Its principal products include four-wheeled vehicles, gasoline reciprocating engines, diesel engines, and automatic and manual transmissions for vehicles.

Read More: What is an investor looking for in an SEC filing?

The Fly

Receive News & Ratings for MAZDA MTR CORP/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAZDA MTR CORP/ADR and related companies with's FREE daily email newsletter.