Suzuki Motor Co. (OTCMKTS:SZKMY) Forecasted to Earn Q1 2023 Earnings of $4.13 Per Share

Suzuki Motor Co. (OTCMKTS:SZKMY – Get Rating) – Analysts at Jefferies Financial Group decreased their Q1 2023 earnings per share estimates for shares of Suzuki Motor in a report issued on Thursday, June 2nd. Jefferies Financial Group analyst T. Nakanishi now expects that the company will post earnings of $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 cut shares of Suzuki Motor from a “hold” rating to a “sell” rating in a report on Wednesday, April 27th.

OTCMKTS SZKMY opened at $122.57 on Friday. The company has a fifty day simple moving average of $123.85 and a two-hundred day simple moving average of $147.33. The stock has a market cap of $15.05 billion, a P/E ratio of 8.78 and a beta of 1.13. Suzuki Motor has a 12-month low of $110.39 and a 12-month high of $199.94. The company has a current ratio of 1.55, a quick ratio of 1.30 and a debt-to-equity ratio of 0.20.

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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