Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Down – What’s Next?

Suzuki Motor (OTCMKTS:SZKMY) gapped down before the market opened on Wednesday . The stock had previously closed at $47.78, but opened at $45.54. Suzuki Motor shares last traded at $45.6475, with a volume of 55,554 shares trading hands.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SZKMY. Dbs Bank upgraded Suzuki Motor to a “moderate buy” rating in a research note on Friday, February 6th. Zacks Research upgraded Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. Based on data from MarketBeat, Suzuki Motor presently has a consensus rating of “Strong Buy”.

Suzuki Motor Price Performance

The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.23 and a current ratio of 1.66. The stock has a market capitalization of $21.97 billion, a P/E ratio of 8.01 and a beta of 0.54. The firm has a 50-day moving average price of $51.82 and a 200 day moving average price of $56.56.

Suzuki Motor (OTCMKTS:SZKMY) last announced its quarterly earnings data on Thursday, February 5th. The company reported $1.53 EPS for the quarter. The firm had revenue of $10.73 billion for the quarter. Suzuki Motor had a return on equity of 10.69% and a net margin of 6.78%.Suzuki Motor has set its FY 2025 guidance at 5.249-5.249 EPS. On average, analysts expect that Suzuki Motor will post 5.35 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.