SUZUKI MTR CORP/ADR (OTCMKTS:SZKMY) Rating Increased to Hold at Zacks Investment Research

SUZUKI MTR CORP/ADR (OTCMKTS:SZKMY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Friday, Zacks.com reports.

According to Zacks, “Suzuki Motor Corporation manufactures and markets motorcycles, automobiles and marine and power products. It provides terrain vehicles, mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, engines for snowmobiles, electro senior vehicles and houses, as well as boats, motorized wheelchairs, electro-scooters, industrial equipment. The company operates primarily in Japan, Europe, Asia and internationally. Suzuki Motor Corporation is headquartered in Hamamatsu, Japan. “

Separately, ValuEngine raised SUZUKI MTR CORP/ADR from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.

SUZUKI MTR CORP/ADR stock opened at $177.55 on Friday. The stock’s 50 day moving average price is $182.53 and its 200 day moving average price is $173.74. The firm has a market capitalization of $21.88 billion, a PE ratio of 8.50, a price-to-earnings-growth ratio of 3.85 and a beta of 0.32. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.94 and a current ratio of 1.22. SUZUKI MTR CORP/ADR has a one year low of $142.51 and a one year high of $218.13.

SUZUKI MTR CORP/ADR (OTCMKTS:SZKMY) last released its quarterly earnings results on Tuesday, November 5th. The company reported $3.17 EPS for the quarter, topping the consensus estimate of $1.44 by $1.73. The firm had revenue of $7.90 billion for the quarter, compared to analyst estimates of $7.77 billion. SUZUKI MTR CORP/ADR had a return on equity of 12.05% and a net margin of 3.30%. On average, analysts forecast that SUZUKI MTR CORP/ADR will post 11.73 earnings per share for the current fiscal year.

SUZUKI MTR CORP/ADR Company Profile

Suzuki Motor Corporation manufactures and sells automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, all-terrain vehicles, outboard motors, motorized wheelchairs, electro senior vehicles, and houses.

Further Reading: Neutral Rating

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