Zacks Investment Research Lowers SUZUKI MTR CORP/ADR (OTCMKTS:SZKMY) to Sell

SUZUKI MTR CORP/ADR (OTCMKTS:SZKMY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Tuesday, 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. “

Several other equities analysts also recently issued reports on the stock. ValuEngine downgraded shares of SUZUKI MTR CORP/ADR from a “hold” rating to a “sell” rating in a research note on Monday, May 13th. Deutsche Bank raised shares of SUZUKI MTR CORP/ADR from a “hold” rating to a “buy” rating in a research note on Wednesday, April 17th.

SZKMY stock opened at $182.15 on Tuesday. The company’s fifty day simple moving average is $188.95. The company has a market capitalization of $20.43 billion, a P/E ratio of 8.72 and a beta of 0.35. SUZUKI MTR CORP/ADR has a 52-week low of $168.26 and a 52-week high of $282.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.21 and a quick ratio of 0.95.

SUZUKI MTR CORP/ADR (OTCMKTS:SZKMY) last released its quarterly earnings results on Friday, May 10th. The company reported $9.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.22) by $10.12. The firm had revenue of $9.38 billion during the quarter, compared to the consensus estimate of $9.38 billion. SUZUKI MTR CORP/ADR had a net margin of 4.62% and a return on equity of 15.46%. As a group, sell-side analysts expect that SUZUKI MTR CORP/ADR will post 16.08 earnings per share for the current 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.

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