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

Suzuki Motor (OTCMKTS:SZKMY) gapped up prior to trading on Wednesday. The stock had previously closed at $50.25, but opened at $53.54. Suzuki Motor shares last traded at $51.8685, with a volume of 15,463 shares.

Analyst Upgrades and Downgrades

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

Suzuki Motor Trading Up 1.7%

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 firm’s fifty day moving average is $51.82 and its two-hundred day moving average is $49.03. The firm has a market cap of $24.65 billion, a P/E ratio of 7.34 and a beta of 0.58.

Suzuki Motor (OTCMKTS:SZKMY) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $2.39 EPS for the quarter, topping the consensus estimate of $1.61 by $0.78. Suzuki Motor had a net margin of 7.85% and a return on equity of 12.49%. The business had revenue of $10.82 billion during the quarter, compared to analyst estimates of $9.96 billion. Suzuki Motor has set its FY 2026 guidance at 5.464-5.464 EPS. Analysts predict that Suzuki Motor will post 7.23 earnings per share for the current fiscal year.

Suzuki Motor Company Profile

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.