Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Down – Time to Sell?

Suzuki Motor (OTCMKTS:SZKMY) gapped down prior to trading on Wednesday. The stock had previously closed at $51.96, but opened at $49.6001. Suzuki Motor shares last traded at $52.03, with a volume of 1,664 shares changing hands.

Wall Street Analysts Forecast Growth

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

Suzuki Motor Stock Down 1.1%

The stock’s 50-day simple moving average is $51.85 and its 200 day simple moving average is $49.16. 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 has a market cap of $24.79 billion, a P/E ratio of 7.38 and a beta of 0.58.

Suzuki Motor (OTCMKTS:SZKMY) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.39 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.78. The company had revenue of $10.82 billion for the quarter, compared to analysts’ expectations 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. As a group, research analysts forecast that Suzuki Motor will post 7.23 EPS 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.