Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Down - Here's Why

Key Points

• Suzuki Motor shares gapped down from a previous close of $53.41 to open at $51.55, with the last trade at $53.53.
• Zacks Research downgraded Suzuki Motor from a "hold" to a "strong sell" rating, while other analysts maintain a mixed view with two strong buy ratings.
• The company reported $1.46 earnings per share for the last quarter and a revenue of $9.68 billion, setting its FY 2025 EPS guidance at 4.600.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $53.41, but opened at $51.55. Suzuki Motor shares last traded at $53.53, with a volume of 735 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of Suzuki Motor from a "hold" rating to a "strong sell" rating in a research report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Buy".

Suzuki Motor Stock Performance

The company has a market capitalization of $26.06 billion, a P/E ratio of 9.47 and a beta of 0.61. The business has a 50 day moving average of $47.59 and a 200 day moving average of $48.03. The company has a quick ratio of 1.22, a current ratio of 1.59 and a debt-to-equity ratio of 0.10.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $1.46 earnings per share (EPS) for the quarter. The business had revenue of $9.68 billion for 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. On average, sell-side 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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