Suzuki Motor (OTCMKTS:SZKMY) Lowered to "Strong Sell" Rating by Zacks Research

Key Points

• Suzuki Motor has been downgraded from a "hold" to a "strong sell" rating by Zacks Research.
• The company's stock opened at $52.47, with a 12-month low of $37.73 and a 12-month high of $58.19.
• Suzuki reported $1.46 earnings per share for the last quarter, with a revenue of $9.68 billion.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) was downgraded by investment analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a research note issued to investors on Tuesday,Zacks.com reports.

Suzuki Motor Price Performance

Suzuki Motor stock opened at $52.47 on Tuesday. Suzuki Motor has a 12-month low of $37.73 and a 12-month high of $58.19. The stock has a market capitalization of $25.77 billion, a P/E ratio of 9.37 and a beta of 0.61. The firm's 50-day moving average is $47.47 and its two-hundred day moving average is $48.01. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.58 and a quick ratio of 1.22.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $1.46 earnings per share (EPS) for the quarter. Suzuki Motor had a net margin of 7.01% and a return on equity of 11.31%. The company had revenue of $9.68 billion for the quarter. Suzuki Motor has set its FY 2025 guidance at 4.600-4.600 EPS. Equities analysts predict 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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