Subaru (OTCMKTS:FUJHY) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of Subaru (OTCMKTS:FUJHY) from a strong sell rating to a hold rating in a report issued on Monday,Zacks.com reports.

Separately, UBS Group cut shares of Subaru from a “neutral” rating to a “sell” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce”.

Subaru Stock Up 0.6%

Shares of FUJHY stock opened at $8.29 on Monday. The stock has a 50-day moving average price of $7.79 and a 200 day moving average price of $8.43. The firm has a market cap of $11.89 billion, a price-to-earnings ratio of 18.84, a PEG ratio of 0.37 and a beta of 0.35. Subaru has a 12 month low of $7.10 and a 12 month high of $11.70.

Subaru (OTCMKTS:FUJHY) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.18). Subaru had a return on equity of 3.38% and a net margin of 1.96%.The firm had revenue of $8.01 billion for the quarter, compared to the consensus estimate of $7.67 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. Sell-side analysts predict that Subaru will post 0.65 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Subaru

An institutional investor recently raised its position in Subaru stock. CHICAGO TRUST Co NA grew its stake in Subaru Corporation (OTCMKTS:FUJHY) by 10.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,466 shares of the company’s stock after acquiring 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. Hedge funds and other institutional investors own 0.01% of the company’s stock.

About Subaru

Subaru Corporation, traded over the counter as OTCMKTS:FUJHY, is a Japanese multinational automaker known for its distinctive use of the horizontally opposed “boxer” engine and standard symmetrical all-wheel-drive system across most of its vehicle lineup. Founded in 1953 as Fuji Heavy Industries, the company rebranded to Subaru Corporation in 2017 to align its corporate identity with its well‐established automotive brand. Subaru’s product portfolio includes compact and midsize sedans, sport wagons, crossovers and SUVs, with flagship models such as the Impreza, Legacy, Outback, Forester and Crosstrek (also marketed as the XV in some regions), as well as the performance-oriented BRZ sports coupe developed in partnership with Toyota.

In addition to passenger vehicles, Subaru Corporation is involved in the manufacturing of automotive components, aerospace products and industrial machinery, leveraging advanced materials and precision engineering capabilities inherited from its Fuji Heavy Industries heritage.