Subaru (OTCMKTS:FUJHY) Shares Gap Up – Here’s Why
by Kim Johansen · The Markets DailySubaru Corporation (OTCMKTS:FUJHY – Get Free Report)’s stock price gapped up prior to trading on Friday. The stock had previously closed at $8.28, but opened at $8.60. Subaru shares last traded at $8.4250, with a volume of 2,267 shares trading hands.
Analyst Ratings Changes
A number of analysts have issued reports on the company. Zacks Research raised Subaru from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. UBS Group downgraded Subaru from a “neutral” rating to a “sell” rating in a report on Thursday, June 18th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Subaru has an average rating of “Reduce”.
Read Our Latest Research Report on Subaru
Subaru Trading Up 1.7%
The company has a quick ratio of 1.75, a current ratio of 2.29 and a debt-to-equity ratio of 0.12. The business’s fifty day simple moving average is $8.21 and its two-hundred day simple moving average is $7.93. The company has a market cap of $12.01 billion, a price-to-earnings ratio of 20.93, a PEG ratio of 0.37 and a beta of 0.36.
Subaru (OTCMKTS:FUJHY – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.05). Subaru had a net margin of 1.77% and a return on equity of 3.04%. The company had revenue of $7.94 billion during the quarter, compared to analyst estimates of $7.94 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. On average, equities analysts predict that Subaru Corporation will post 0.66 EPS for the current year.
Institutional Investors Weigh In On Subaru
An institutional investor recently raised its stake in Subaru stock. CHICAGO TRUST Co NA lifted its position in Subaru Corporation (OTCMKTS:FUJHY – Free Report) by 10.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,466 shares of the company’s stock after purchasing an additional 6,761 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Subaru were worth $542,000 at the end of the most recent quarter. 0.01% of the stock is owned by hedge funds and other institutional investors.
Subaru Company Profile
Subaru Corporation is a Japanese manufacturer best known for its Subaru-branded automobiles. The company develops and sells passenger cars and sport utility vehicles, with a product range that includes the Impreza, Legacy, Outback, Forester, Crosstrek and BRZ. Subaru vehicles are widely associated with symmetrical all-wheel-drive systems and horizontally opposed “boxer” engines, features used across much of the company’s lineup.
The company also operates an aerospace business that develops and manufactures aircraft, aircraft components and related systems for commercial, government and defense customers.