Suzuki Motor (OTCMKTS:SZKMY) Sees Strong Trading Volume – Time to Buy?

Shares of Suzuki Motor (OTCMKTS:SZKMY) saw unusually-strong trading volume on Thursday . 73,415 shares changed hands during mid-day trading, a decline of 14% from the previous session’s volume of 84,913 shares.The stock last traded at $47.60 and had previously closed at $46.31.

Analysts Set New Price Targets

Separately, Zacks Research downgraded Suzuki Motor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Suzuki Motor Stock Performance

The company has a quick ratio of 1.32, a current ratio of 1.74 and a debt-to-equity ratio of 0.12. The business has a 50 day moving average price of $46.45 and a 200 day moving average price of $52.42. The stock has a market cap of $23.18 billion, a P/E ratio of 7.97 and a beta of 0.54.

Suzuki Motor (OTCMKTS:SZKMY) last issued its quarterly earnings results on Thursday, May 14th. The company reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.35. The firm had revenue of $11.25 billion during the quarter, compared to analyst estimates of $10.60 billion. Suzuki Motor had a return on equity of 11.00% and a net margin of 6.97%.Suzuki Motor has set its FY 2026 guidance at 5.020-5.020 EPS. As a group, sell-side analysts expect that Suzuki Motor will post 5.95 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.