Zacks Research Upgrades Subaru (OTCMKTS:FUJHY) to “Hold”

Subaru (OTCMKTS:FUJHY) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, UBS Group cut Subaru from a “neutral” rating to a “sell” rating in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Subaru presently has a consensus rating of “Reduce”.

Subaru Trading Up 0.6%

OTCMKTS:FUJHY opened at $8.29 on Monday. The stock has a 50 day moving average of $7.79 and a 200-day moving average of $8.43. The firm has a market capitalization of $11.89 billion, a PE ratio of 18.84, a price-to-earnings-growth ratio of 0.37 and a beta of 0.35. Subaru has a 52 week low of $7.10 and a 52 week high of $11.70.

Subaru (OTCMKTS:FUJHY) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.04 earnings per share (EPS) 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 company had revenue of $8.01 billion during the quarter, compared to the consensus estimate of $7.67 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. As a group, analysts predict that Subaru will post 0.65 EPS for the current fiscal year.

Institutional Investors Weigh In On Subaru

An institutional investor recently raised its position in Subaru stock. Great Lakes Advisors LLC lifted its holdings in shares of Subaru Corporation (OTCMKTS:FUJHY) by 7.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 381,638 shares of the company’s stock after buying an additional 25,432 shares during the period. Great Lakes Advisors LLC’s holdings in Subaru were worth $4,095,000 at the end of the most recent reporting period. 0.01% of the stock is currently owned by institutional investors and hedge funds.

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.