Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $47.91, but opened at $50.41. Suzuki Motor shares last traded at $48.71, with a volume of 2,308 shares traded.
Analysts Set New Price Targets
Separately, Sanford C. Bernstein raised Suzuki Motor to a "strong-buy" rating in a research note on Monday, April 14th.
Read Our Latest Analysis on SZKMY
Suzuki Motor Stock Performance
The firm has a market capitalization of $23.91 billion, a price-to-earnings ratio of 8.60 and a beta of 0.63. The firm has a 50 day moving average price of $48.40 and a 200-day moving average price of $47.70. 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 issued its quarterly earnings results on Monday, May 12th. The company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.18. The company had revenue of $10.11 billion for the quarter, compared to the consensus estimate of $1,489.49 billion. Suzuki Motor had a return on equity of 11.50% and a net margin of 7.14%. As a group, sell-side analysts expect that Suzuki Motor will post 5.11 earnings per share 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Suzuki Motor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Suzuki Motor wasn't on the list.
While Suzuki Motor currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.