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

Suzuki Motor logo with Auto/Tires/Trucks background

Key Points

  • Suzuki Motor's stock price gapped up from $44.88 to $47.05 before trading on Monday, and last traded at $45.72 with a volume of 2,571 shares.
  • Sanford C. Bernstein upgraded Suzuki Motor to a "strong-buy" rating, indicating increased confidence in the company's future performance.
  • In its latest earnings report, Suzuki Motor reported an EPS of $1.42, exceeding estimates by $0.18, with revenues of $10.11 billion during the quarter.
  • Looking to export and analyze Suzuki Motor data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $44.88, but opened at $47.05. Suzuki Motor shares last traded at $45.72, with a volume of 2,571 shares traded.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised shares of Suzuki Motor to a "strong-buy" rating in a report on Monday, April 14th.

View Our Latest Research Report on Suzuki Motor

Suzuki Motor Stock Down 2.6%

The company's fifty day moving average is $46.91 and its 200-day moving average is $47.69. The company has a market capitalization of $21.64 billion, a PE ratio of 7.78 and a beta of 0.60. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.22 and a current ratio of 1.58.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last released its earnings results on Monday, May 12th. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.18. Suzuki Motor had a net margin of 7.14% and a return on equity of 11.50%. The company had revenue of $10.11 billion during the quarter, compared to analyst estimates of $1,489.49 billion. As a group, analysts predict that Suzuki Motor will post 5.11 EPS for the current fiscal year.

Suzuki Motor Company Profile

(Get Free Report)

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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