SUZUKI MTR CORP/ADR (SZKMY) Upgraded to “Hold” by 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 research report issued to clients and investors on Thursday.

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 shares of SUZUKI MTR CORP/ADR from a “sell” rating to a “hold” rating in a research note on Thursday, December 20th.

SZKMY stock opened at $212.12 on Thursday. SUZUKI MTR CORP/ADR has a 12 month low of $182.47 and a 12 month high of $282.00. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.48 and a quick ratio of 1.20. The stock has a market cap of $22.99 billion, a P/E ratio of 12.47 and a beta of 0.62.

SUZUKI MTR CORP/ADR (OTCMKTS:SZKMY) last released its quarterly earnings results on Thursday, November 1st. The company reported $4.23 EPS for the quarter, topping analysts’ consensus estimates of $4.07 by $0.16. SUZUKI MTR CORP/ADR had a net margin of 6.43% and a return on equity of 15.23%. The firm had revenue of $8.45 billion during the quarter, compared to analysts’ expectations of $9.06 billion. As a group, research analysts expect that SUZUKI MTR CORP/ADR will post 18.72 earnings per share for the current year.

About SUZUKI MTR CORP/ADR

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

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