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.

About MAZDA MTR CORP/ADR

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.

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