Jefferies Financial Group Comments on Suzuki Motor Co.’s Q1 2023 Earnings (OTCMKTS:SZKMY)

Suzuki Motor Co. (OTCMKTS:SZKMYGet Rating) – Research analysts at Jefferies Financial Group decreased their Q1 2023 earnings per share (EPS) estimates for shares of Suzuki Motor in a research report issued on Thursday, June 2nd. Jefferies Financial Group analyst T. Nakanishi now forecasts that the company will earn $4.13 per share for the quarter, down from their prior forecast of $4.17. Jefferies Financial Group also issued estimates for Suzuki Motor’s Q3 2023 earnings at $2.85 EPS, FY2023 earnings at $11.87 EPS and FY2024 earnings at $13.71 EPS.

Separately, Zacks Investment Research lowered Suzuki Motor from a “hold” rating to a “sell” rating in a research note on Wednesday, April 27th.

Shares of SZKMY stock opened at $122.57 on Friday. The stock’s fifty day simple moving average is $123.85 and its 200 day simple moving average is $147.33. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.55 and a quick ratio of 1.30. The firm has a market cap of $15.05 billion, a price-to-earnings ratio of 8.78 and a beta of 1.13. Suzuki Motor has a one year low of $110.39 and a one year high of $199.94.

About Suzuki Motor (Get Rating)

Suzuki Motor Corporation engages in the manufacturing and marketing of 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, and electro senior vehicles.

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Earnings History and Estimates for Suzuki Motor (OTCMKTS:SZKMY)

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