Zacks Research Downgrades Suzuki Motor (OTCMKTS:SZKMY) to Strong Sell

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 Zacks Research from a "hold" rating to a "strong sell" rating in a note issued to investors on Tuesday, August 26th,Zacks.com reports.

Suzuki Motor Stock Performance

OTCMKTS SZKMY traded up $0.58 on Tuesday, hitting $53.66. 11,503 shares of the company's stock traded hands, compared to its average volume of 55,441. The company has a current ratio of 1.59, a quick ratio of 1.22 and a debt-to-equity ratio of 0.10. Suzuki Motor has a 1-year low of $37.73 and a 1-year high of $58.19. The firm's 50-day moving average price is $47.86 and its two-hundred day moving average price is $48.01. The firm has a market capitalization of $26.36 billion, a PE ratio of 9.58 and a beta of 0.53.

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. Suzuki Motor had a net margin of 7.01% and a return on equity of 11.10%. The business had revenue of $9.68 billion during the quarter. Suzuki Motor has set its FY 2025 guidance at 4.600-4.600 EPS. As a group, analysts expect that Suzuki Motor will post 5.11 EPS 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.