Suzuki Motor (OTCMKTS:SZKMY) Hits New 1-Year High – Here’s What Happened

Suzuki Motor (OTCMKTS:SZKMY)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $63.40 and last traded at $58.42, with a volume of 2219 shares changing hands. The stock had previously closed at $59.24.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of Suzuki Motor from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Suzuki Motor currently has a consensus rating of “Buy”.

Suzuki Motor Stock Performance

The company has a market cap of $28.99 billion, a PE ratio of 10.54 and a beta of 0.53. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.22 and a current ratio of 1.59. The stock’s 50-day simple moving average is $51.93 and its 200 day simple moving average is $49.05.

Suzuki Motor (OTCMKTS:SZKMY) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $1.46 EPS for the quarter. Suzuki Motor had a net margin of 7.01% and a return on equity of 11.10%. The company had revenue of $9.68 billion during the quarter. Suzuki Motor has set its FY 2025 guidance at 4.600-4.600 EPS. As a group, equities analysts anticipate that Suzuki Motor will post 5.11 EPS for the current year.

Suzuki Motor Company Profile

Suzuki Motor Corporation engages in the manufacturing and marketing of automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, North America, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, motorized wheelchairs, and electro senior vehicles.