Suzuki Motor (OTCMKTS:SZKMY) Sees Significant Increase in Short Interest

Key Points

• Short interest surged 91.3% to 23,812 shares as of September 15, though short interest remains negligible at approximately 0.0% of shares outstanding and represents just 0.4 days to cover.
• Analyst sentiment improved, with Citigroup upgrading Suzuki Motor to “strong buy” and Zacks Research moving its rating to “hold.” The stock has a consensus rating of “Buy.”
• Suzuki reported quarterly EPS of $2.39, surpassing the $1.61 consensus estimate, while revenue of $10.82 billion also exceeded expectations. Shares opened at $50.38, down 1.0%.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 23,812 shares, a growth of 91.3% from the August 31st total of 12,446 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 53,562 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Zacks Research upgraded shares of Suzuki Motor from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 20th. Citigroup raised shares of Suzuki Motor from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy".

Suzuki Motor Trading Down 1.0%

Shares of SZKMY stock opened at $50.38 on Tuesday. The business's 50 day moving average is $51.79 and its two-hundred day moving average is $49.01. Suzuki Motor has a twelve month low of $41.10 and a twelve month high of $64.94. The company has a market capitalization of $24.30 billion, a P/E ratio of 7.24 and a beta of 0.54. The company has a current ratio of 1.81, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $2.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.61 by $0.78. Suzuki Motor had a return on equity of 12.49% and a net margin of 7.85%.The business had revenue of $10.82 billion for the quarter, compared to analyst estimates of $9.96 billion. Suzuki Motor has set its FY 2026 guidance at 5.464-5.464 EPS. Equities analysts forecast 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.

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