Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Down - What's Next?

Key Points

• Suzuki Motor's shares experienced a gap down, opening at $56.80 after a previous close of $59.00, with the latest trade at $59.67.
• Zacks Research downgraded the stock from a "hold" to a "strong sell" rating, while the overall average rating remains "Buy."
• The company reported revenue of $9.68 billion in its latest earnings, with a net margin of 7.01% and EPS guidance set at 4.600 for FY 2025.

Shares of Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $59.00, but opened at $56.80. Suzuki Motor shares last traded at $59.67, with a volume of 16,789 shares changing hands.

Wall Street Analyst Weigh In

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 equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy".

Suzuki Motor Price Performance

The stock has a market capitalization of $29.09 billion, a PE ratio of 10.58 and a beta of 0.57. The company has a current ratio of 1.59, a quick ratio of 1.22 and a debt-to-equity ratio of 0.10. The company's 50 day simple moving average is $55.45 and its 200 day simple moving average is $49.87.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $1.46 EPS for the quarter. The firm had revenue of $9.68 billion during 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. On average, equities 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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