Suzuki Motor (OTCMKTS:SZKMY) Announces Quarterly Earnings Results

Suzuki Motor (OTCMKTS:SZKMY) released its quarterly earnings data on Thursday. The company reported $1.53 EPS for the quarter, Zacks reports. Suzuki Motor had a net margin of 6.71% and a return on equity of 10.44%.

Suzuki Motor Stock Performance

OTCMKTS SZKMY traded up $0.72 during mid-day trading on Thursday, reaching $56.87. 55,473 shares of the stock were exchanged, compared to its average volume of 41,382. The company has a market capitalization of $27.93 billion, a P/E ratio of 10.45 and a beta of 0.46. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.21 and a current ratio of 1.60. The business’s 50 day moving average is $58.99 and its 200-day moving average is $56.59. Suzuki Motor has a 1 year low of $39.54 and a 1 year high of $64.94.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Suzuki Motor from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

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.