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

Suzuki Motor (OTCMKTS:SZKMYGet Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $49.20, but opened at $52.69. Suzuki Motor shares last traded at $48.49, with a volume of 31,800 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of Suzuki Motor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Read Our Latest Report on SZKMY

Suzuki Motor Stock Down 1.7%

The company has a market capitalization of $23.32 billion, a price-to-earnings ratio of 8.02 and a beta of 0.54. The stock’s fifty day simple moving average is $46.52 and its two-hundred day simple moving average is $52.19. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.74 and a quick ratio of 1.32.

Suzuki Motor (OTCMKTS:SZKMYGet Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.41 by $0.35. The business had revenue of $11.25 billion during the quarter, compared to analyst estimates of $10.60 billion. Suzuki Motor had a net margin of 6.97% and a return on equity of 11.00%. Suzuki Motor has set its FY 2026 guidance at 5.020-5.020 EPS. On average, sell-side analysts predict that Suzuki Motor will post 5.95 earnings per share for the current fiscal year.

Suzuki Motor Company Profile

(Get Free Report)

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.

Further Reading

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