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

Suzuki Motor (OTCMKTS:SZKMY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $51.08, but opened at $54.4099. Suzuki Motor shares last traded at $51.17, with a volume of 175 shares changing hands.

Analysts Set New Price Targets

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

Suzuki Motor Trading Up 1.3%

The company’s 50-day moving average is $51.54 and its 200-day moving average is $49.42. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.32 and a current ratio of 1.74. The firm has a market cap of $24.96 billion, a price-to-earnings ratio of 7.44 and a beta of 0.54.

Suzuki Motor (OTCMKTS:SZKMY) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $2.39 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.78. Suzuki Motor had a net margin of 7.85% and a return on equity of 12.57%. The firm had revenue of $10.82 billion during the quarter, compared to analysts’ expectations of $9.96 billion. Suzuki Motor has set its FY 2026 guidance at 5.464-5.464 EPS. On average, research analysts predict that Suzuki Motor will post 7.23 earnings per share for the current year.

Suzuki Motor Company Profile

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.