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

Suzuki Motor (OTCMKTS:SZKMY)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $44.94, but opened at $48.15. Suzuki Motor shares last traded at $48.0275, with a volume of 1,030 shares.

Wall Street Analysts Forecast Growth

SZKMY has been the topic of several analyst reports. Dbs Bank raised shares of Suzuki Motor to a “moderate buy” rating in a research note on Friday, February 6th. Zacks Research cut shares of Suzuki Motor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Suzuki Motor Trading Up 1.2%

The company has a quick ratio of 1.23, a current ratio of 1.66 and a debt-to-equity ratio of 0.11. The company has a market cap of $23.42 billion, a P/E ratio of 8.05 and a beta of 0.50. The firm’s 50 day moving average is $46.36 and its two-hundred day moving average is $54.17.

Suzuki Motor (OTCMKTS:SZKMY) last released its earnings results on Thursday, May 14th. The company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.35. The business had revenue of $11.25 billion for 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. As a group, equities research analysts anticipate that Suzuki Motor will post 5.02 EPS for the current year.

Suzuki Motor Company Profile

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.