Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Up – Still a Buy?

Suzuki Motor (OTCMKTS:SZKMY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $56.36, but opened at $61.42. Suzuki Motor shares last traded at $59.6350, with a volume of 3,165 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Suzuki Motor from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy”.

Suzuki Motor Stock Up 6.5%

The company has a market cap of $29.48 billion, a price-to-earnings ratio of 11.03 and a beta of 0.46. The firm’s 50 day simple moving average is $58.85 and its 200 day simple moving average is $56.59. The company has a quick ratio of 1.21, a current ratio of 1.60 and a debt-to-equity ratio of 0.11.

Suzuki Motor (OTCMKTS:SZKMY) last announced its earnings results on Thursday, February 5th. The company reported $1.53 EPS for the quarter. The firm had revenue of $10.73 billion for the quarter. Suzuki Motor had a return on equity of 10.44% and a net margin of 6.71%.Suzuki Motor has set its FY 2025 guidance at 5.249-5.249 EPS. Sell-side analysts anticipate that Suzuki Motor will post 5.11 EPS for the current fiscal year.

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.