Suzuki Motor (OTCMKTS:SZKMY) Shares Down 5.6% – Here’s Why

Shares of Suzuki Motor (OTCMKTS:SZKMY) traded down 5.6% during trading on Monday . The stock traded as low as $49.04 and last traded at $49.11. Approximately 11,105 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 82,700 shares. The stock had previously closed at $52.04.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of Suzuki Motor from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Suzuki Motor presently has a consensus rating of “Hold”.

Suzuki Motor Stock Down 5.0%

The company has a market capitalization of $23.84 billion, a PE ratio of 8.20 and a beta of 0.54. The company has a current ratio of 1.74, a quick ratio of 1.32 and a debt-to-equity ratio of 0.12. The business has a fifty day moving average of $49.01 and a 200 day moving average of $50.68.

Suzuki Motor (OTCMKTS:SZKMY) last issued its quarterly earnings results on Thursday, May 14th. The company reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.35. Suzuki Motor had a net margin of 6.97% and a return on equity of 11.00%. The company had revenue of $11.25 billion for the quarter, compared to analyst estimates of $10.60 billion. Suzuki Motor has set its FY 2026 guidance at 5.020-5.020 EPS. Equities research analysts anticipate that Suzuki Motor will post 5.72 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.