Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Down – Here’s What Happened

Suzuki Motor (OTCMKTS:SZKMY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $51.99, but opened at $50.0001. Suzuki Motor shares last traded at $50.5796, with a volume of 40 shares.

Analyst Upgrades and Downgrades

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

Suzuki Motor Stock Down 2.3%

The company has a debt-to-equity ratio of 0.13, a current ratio of 1.81 and a quick ratio of 1.36. The company has a market cap of $24.88 billion, a PE ratio of 7.41 and a beta of 0.54. The company has a fifty day moving average price of $51.66 and a 200 day moving average price of $49.13.

Suzuki Motor (OTCMKTS:SZKMY) last announced its earnings results on Wednesday, August 5th. The company reported $2.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.78. Suzuki Motor had a net margin of 7.85% and a return on equity of 12.49%. The business had revenue of $10.82 billion for the quarter, compared to the consensus estimate of $9.96 billion. Suzuki Motor has set its FY 2026 guidance at 5.464-5.464 EPS. As a group, analysts anticipate that Suzuki Motor will post 7.23 EPS for the current year.

About Suzuki Motor

Suzuki Motor Corporation is a Japanese manufacturer of automobiles, motorcycles and marine products. The company’s automotive portfolio includes compact cars, kei cars, sport utility vehicles and commercial vehicles, while its motorcycle business serves commuter, recreational and performance markets. Suzuki also produces outboard motors and related marine equipment.

Founded in 1909 by Michio Suzuki as a manufacturer of weaving looms, the company entered the automotive industry in the 1950s and expanded internationally through its focus on compact, practical vehicles.