Subaru Corporation (OTCMKTS:FUJHY – Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $8.54, but opened at $8.15. Subaru shares last traded at $8.44, with a volume of 97,494 shares changing hands.
Wall Street Analyst Weigh In
FUJHY has been the topic of a number of research analyst reports. Zacks Research raised shares of Subaru from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. UBS Group lowered Subaru from a “neutral” rating to a “sell” rating in a research 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce”.
Read Our Latest Stock Analysis on Subaru
Subaru Trading Down 1.2%
Subaru (OTCMKTS:FUJHY – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.05). The business had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.94 billion. Subaru had a return on equity of 3.04% and a net margin of 1.77%.Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. As a group, sell-side analysts anticipate that Subaru Corporation will post 0.66 EPS for the current fiscal year.
Hedge Funds Weigh In On Subaru
A hedge fund recently raised its position in Subaru stock. CHICAGO TRUST Co NA grew its stake in shares of Subaru Corporation (OTCMKTS:FUJHY – Free Report) by 10.8% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 69,466 shares of the company’s stock after purchasing an additional 6,761 shares during the period. CHICAGO TRUST Co NA’s holdings in Subaru were worth $542,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 0.01% of the company’s stock.
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.
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