Suzuki Motor (OTCMKTS:SZKMY) Short Interest Down 39.6% in August

Suzuki Motor (OTCMKTS:SZKMY) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 10,731 shares, a drop of 39.6% from the July 30th total of 17,774 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 60,336 shares, the days-to-cover ratio is presently 0.2 days.

Suzuki Motor Trading Down 0.6%

OTCMKTS:SZKMY opened at $55.17 on Wednesday. The company has a quick ratio of 1.32, a current ratio of 1.74 and a debt-to-equity ratio of 0.12. Suzuki Motor has a twelve month low of $41.10 and a twelve month high of $64.94. The company has a market cap of $26.61 billion, a P/E ratio of 7.93 and a beta of 0.54. The business has a 50 day moving average price of $51.01 and a two-hundred day moving average price of $49.79.

Suzuki Motor (OTCMKTS:SZKMY) last announced its earnings results on Wednesday, August 5th. The company reported $2.39 EPS for the quarter, topping the consensus estimate of $1.61 by $0.78. The business had revenue of $10.82 billion during 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 12.57%. Suzuki Motor has set its FY 2026 guidance at 5.464-5.464 EPS. As a group, analysts expect that Suzuki Motor will post 7.23 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SZKMY has been the subject of a number of research analyst reports. Citigroup raised Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 13th. Zacks Research raised shares of Suzuki Motor from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

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.