Suzuki Motor (OTCMKTS:SZKMY) Stock Short Interest Rises 200.8%

Suzuki Motor (OTCMKTS:SZKMY) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 50,260 shares, an increase of 200.8% from the September 30th total of 16,709 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 172,068 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

SZKMY has been the topic of a number of recent analyst reports. Zacks Research raised Suzuki Motor from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 20th. Citigroup upgraded Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy”.

Suzuki Motor Stock Down 0.0%

OTCMKTS:SZKMY opened at $52.89 on Friday. The business’s fifty day moving average price is $52.24 and its 200 day moving average price is $51.02. The company has a current ratio of 1.81, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $25.51 billion, a price-to-earnings ratio of 7.60 and a beta of 0.58. Suzuki Motor has a 1-year low of $41.10 and a 1-year high of $64.94.

Suzuki Motor (OTCMKTS:SZKMY) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.39 EPS for the quarter, topping the consensus estimate of $1.61 by $0.78. Suzuki Motor had a net margin of 7.85% and a return on equity of 12.49%. The business had revenue of $10.82 billion during the quarter, compared to analysts’ expectations of $9.96 billion. Suzuki Motor has set its FY 2026 guidance at 5.464-5.464 EPS. On average, sell-side analysts forecast that Suzuki Motor will post 7.23 earnings per share for the current fiscal year.

Suzuki Motor Company Profile

Suzuki Motor Corporation is a Japan-based manufacturer of automobiles, motorcycles and marine products. Its automotive lineup includes compact cars, kei cars, sport utility vehicles and commercial vehicles, while its motorcycle business offers products ranging from small-displacement commuter models to larger performance motorcycles. The company also produces outboard marine engines and related equipment.

Founded in 1909 by Michio Suzuki as a loom-manufacturing business, Suzuki entered the automotive industry after World War II and developed a strong position in small, affordable vehicles.