Subaru (OTCMKTS:FUJHY) Sees Large Volume Increase – Should You Buy?

Subaru Corporation (OTCMKTS:FUJHY) shares saw unusually-high trading volume on Friday . 505,782 shares changed hands during mid-day trading, an increase of 86% from the previous session’s volume of 271,827 shares.The stock last traded at $8.52 and had previously closed at $8.17.

Analyst Ratings Changes

FUJHY has been the subject of a number of analyst reports. UBS Group lowered Subaru from a “neutral” rating to a “sell” rating in a research report on Thursday, June 18th. Zacks Research upgraded shares of Subaru from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Subaru Stock Performance

The company has a fifty day moving average price of $8.08 and a two-hundred day moving average price of $7.98. The firm has a market cap of $12.22 billion, a price-to-earnings ratio of 21.30, a price-to-earnings-growth ratio of 0.36 and a beta of 0.36. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.29 and a quick ratio of 1.68.

Subaru (OTCMKTS:FUJHY) last released its earnings results on Wednesday, August 5th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.05). Subaru had a return on equity of 3.04% and a net margin of 1.77%.The firm had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.94 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. As a group, equities research analysts expect that Subaru Corporation will post 0.66 EPS for the current year.

Institutional Investors Weigh In On Subaru

A hedge fund recently raised its stake in Subaru stock. CHICAGO TRUST Co NA lifted its stake in shares of Subaru Corporation (OTCMKTS:FUJHY) by 10.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 reporting period. 0.01% of the stock is currently owned by hedge funds and other institutional investors.

About Subaru

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.