Suzuki Motor (OTCMKTS:SZKMY) Short Interest Down 39.6% in August

Key Points

• Short interest fell 39.6% in August to 10,731 shares from 17,774 shares, representing 0.0% of shares outstanding and a short-interest ratio of 0.2 days.
• Analyst sentiment improved, with Citigroup upgrading Suzuki Motor to “strong buy” and Zacks Research raising its rating to “hold”; the overall consensus rating is “Buy.”
• Suzuki Motor shares rose 3.2% to $55.85, while quarterly results exceeded expectations with earnings of $2.39 per share versus a $1.61 estimate and revenue of $10.82 billion versus $9.96 billion expected.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 10,731 shares, a decline of 39.6% from the July 30th total of 17,774 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 60,336 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

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

Suzuki Motor Stock Up 3.2%

OTCMKTS SZKMY traded up $1.75 during trading on Monday, reaching $55.85. 1,881 shares of the company's stock traded hands, compared to its average volume of 76,528. Suzuki Motor has a 12-month low of $41.10 and a 12-month high of $64.94. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.74 and a quick ratio of 1.32. The firm has a market cap of $26.94 billion, a price-to-earnings ratio of 8.02 and a beta of 0.54. The company's 50 day simple moving average is $50.68 and its two-hundred day simple moving average is $49.89.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $2.39 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.78. The firm had revenue of $10.82 billion during the quarter, compared to analysts' expectations of $9.96 billion. Suzuki Motor had a net margin of 7.85% and a return on equity of 12.57%. Suzuki Motor has set its FY 2026 guidance at 5.464-5.464 EPS. As a group, sell-side analysts forecast that Suzuki Motor will post 7.23 EPS for the current fiscal year.

Suzuki Motor Company Profile

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.

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