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

Suzuki Motor (OTCMKTS:SZKMY)’s share price gapped up prior to trading on Wednesday. The stock had previously closed at $50.38, but opened at $53.75. Suzuki Motor shares last traded at $49.75, with a volume of 172 shares.

Wall Street Analyst Weigh In

SZKMY has been the topic of a number of analyst reports. Citigroup upgraded shares of Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 13th. Zacks Research upgraded Suzuki Motor from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Suzuki Motor Price Performance

The company has a quick ratio of 1.36, a current ratio of 1.81 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $24.49 billion, a price-to-earnings ratio of 7.30 and a beta of 0.54. The business’s 50 day simple moving average is $51.77 and its 200-day simple moving average is $48.99.

Suzuki Motor (OTCMKTS:SZKMY) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $2.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.78. The company had revenue of $10.82 billion during the quarter, compared to the consensus estimate of $9.96 billion. Suzuki Motor had a net margin of 7.85% and a return on equity of 12.49%. Suzuki Motor has set its FY 2026 guidance at 5.464-5.464 EPS. On average, research analysts forecast 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 marine products. The company develops and sells compact cars, sport utility vehicles, commercial vehicles, motorcycles, all-terrain vehicles and outboard motors, with a focus on practical, fuel-efficient transportation.

Founded in 1909 by Michio Suzuki as a loom manufacturer, the company entered the automotive market in the 1950s and expanded its motorcycle business during the following decade. Suzuki has since built a global presence through manufacturing, sales and distribution operations in Japan and international markets, including India, Europe, Asia, Latin America and other regions.

Suzuki’s automobile business is particularly prominent in India, where it operates through Maruti Suzuki India.