Suzuki Motor (OTCMKTS:SZKMY) Hits New 1-Year High - Time to Buy?

Key Points

• Suzuki Motor's share price has reached a new 52-week high of $58.64, closing at $56.52 with a market capitalization of $27.86 billion.
• Zacks Research recently downgraded Suzuki from a "hold" rating to a "strong sell," while analysts maintain an average rating of "Buy" with two analysts giving a "Strong Buy" rating.
• The company reported a quarterly earnings per share (EPS) of $1.46 with total revenue of $9.68 billion, and it anticipates posting an EPS of 5.11 for the current year.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report)'s share price reached a new 52-week high on Monday . The stock traded as high as $58.64 and last traded at $56.52, with a volume of 259 shares. The stock had previously closed at $56.56.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded Suzuki Motor from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy".

Suzuki Motor Price Performance

The company has a market capitalization of $27.86 billion, a price-to-earnings ratio of 10.13 and a beta of 0.53. The company has a fifty day simple moving average of $49.33 and a two-hundred day simple moving average of $48.35. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.22 and a current ratio of 1.59.

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

About Suzuki Motor

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.

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