Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Up – Time to Buy?

Suzuki Motor (OTCMKTS:SZKMY) gapped up before the market opened on Wednesday . The stock had previously closed at $44.94, but opened at $48.15. Suzuki Motor shares last traded at $48.0275, with a volume of 1,030 shares.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on SZKMY shares. Zacks Research lowered shares of Suzuki Motor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Dbs Bank upgraded shares of Suzuki Motor to a “moderate buy” rating in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Suzuki Motor Price Performance

The firm has a 50 day moving average of $46.38 and a 200-day moving average of $54.28. The company has a market cap of $23.14 billion, a P/E ratio of 7.96 and a beta of 0.50. The company has a current ratio of 1.66, a quick ratio of 1.23 and a debt-to-equity ratio of 0.11.

Suzuki Motor (OTCMKTS:SZKMY) last posted its quarterly earnings results on Thursday, May 14th. The company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.35. Suzuki Motor had a return on equity of 11.14% and a net margin of 6.97%.The business had revenue of $11.25 billion during the quarter, compared to the consensus estimate of $10.60 billion. Suzuki Motor has set its FY 2026 guidance at 5.020-5.020 EPS. On average, equities research analysts predict that Suzuki Motor will post 5.02 EPS for the current year.

About Suzuki Motor

Suzuki Motor Corporation traces its roots to 1909 when Michio Suzuki founded Suzuki Loom Works; the company later entered motor vehicle production and was reorganized as an independent motor company in the mid-20th century. Headquartered in Hamamatsu, Japan, Suzuki has grown into a multinational manufacturer known for producing compact, fuel-efficient vehicles and a broad range of two- and four-wheeled products. The company has a long history in small-car and motorcycle design and has adapted its product portfolio over decades to serve both personal and light commercial transport markets.

Suzuki’s primary business activities include the design, manufacture and sale of automobiles, motorcycles, all-terrain vehicles (ATVs), and outboard motors, along with related parts and accessories.