Zacks Research Downgrades Suzuki Motor (OTCMKTS:SZKMY) to Hold

Suzuki Motor (OTCMKTS:SZKMY) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.

Separately, Dbs Bank raised shares of Suzuki Motor to a “moderate buy” rating in a report on Friday, February 6th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Suzuki Motor Price Performance

SZKMY opened at $46.39 on Thursday. The company has a fifty day simple moving average of $47.26 and a 200 day simple moving average of $55.00. The firm has a market cap of $22.37 billion, a price-to-earnings ratio of 7.69 and a beta of 0.50. Suzuki Motor has a twelve month low of $41.10 and a twelve month high of $64.94. The company has a current ratio of 1.66, a quick ratio of 1.23 and a debt-to-equity ratio of 0.11.

Suzuki Motor (OTCMKTS:SZKMY) last released its quarterly earnings results on Thursday, May 14th. The company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.35. The business had revenue of $11.25 billion during the quarter, compared to analyst estimates of $10.60 billion. Suzuki Motor had a net margin of 6.97% and a return on equity of 11.14%. Suzuki Motor has set its FY 2026 guidance at 5.020-5.020 EPS. Equities research analysts expect that Suzuki Motor will post 5.02 EPS for the current fiscal 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.