Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Up – Here’s What Happened

Suzuki Motor (OTCMKTS:SZKMY)’s share price gapped up before the market opened on Monday. The stock had previously closed at $55.54, but opened at $60.44. Suzuki Motor shares last traded at $58.4550, with a volume of 68,577 shares.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SZKMY. Zacks Research upgraded shares of Suzuki Motor from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 20th. Citigroup upgraded shares of Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Suzuki Motor Price Performance

The stock has a fifty day moving average of $52.49 and a two-hundred day moving average of $50.91. The stock has a market cap of $27.22 billion, a price-to-earnings ratio of 8.11 and a beta of 0.59. The company has a quick ratio of 1.36, a current ratio of 1.81 and a debt-to-equity ratio of 0.13.

Suzuki Motor (OTCMKTS:SZKMY) last released its earnings results on Tuesday, November 10th. The company reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.17). Suzuki Motor had a net margin of 7.85% and a return on equity of 12.49%. The business had revenue of $10.84 billion during the quarter, compared to analyst estimates of $10.86 billion. Suzuki Motor has set its FY 2026 guidance at 5.470-5.470 EPS. On average, equities research analysts anticipate that Suzuki Motor will post 7.23 earnings per share for the current year.

About Suzuki Motor

Suzuki Motor Corporation is a Japanese manufacturer of automobiles, motorcycles and other mobility products. Founded in 1909 by Michio Suzuki as Suzuki Loom Works, the company began as a maker of weaving looms before expanding into motorized products and automobiles. Its products include compact cars and other passenger vehicles, motorcycles and outboard motors. Suzuki also develops select power products and mobility equipment, serving consumers and businesses in Japan and markets around the world.