Suzuki Motor (OTCMKTS:SZKMY) Hits New 1-Year High - Should You Buy?

Key Points

• Suzuki Motor shares reached a new 52-week high, trading as high as $60.33 before settling at $58.89.
• Zacks Research has downgraded Suzuki Motor's stock rating from "hold" to "strong sell", while there are two other analysts that rate it a Strong Buy.
• The company reported $1.46 EPS and a revenue of $9.68 billion for the last quarter, with a net margin of 7.01% and a return on equity of 11.10%.

Shares of Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $60.33 and last traded at $58.89, with a volume of 480 shares trading hands. The stock had previously closed at $57.72.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of Suzuki Motor from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Buy".

Suzuki Motor Stock Performance

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 company has a market capitalization of $28.63 billion, a P/E ratio of 10.41 and a beta of 0.53. The business's fifty day simple moving average is $50.77 and its 200-day simple moving average is $48.74.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $1.46 earnings per share (EPS) for the quarter. The company had revenue of $9.68 billion for the quarter. Suzuki Motor had a net margin of 7.01% and a return on equity of 11.10%. 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 earnings per share for the current fiscal 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.