Subaru Corporation (OTCMKTS:FUJHY – Get Free Report) saw an uptick in trading volume on Friday . 505,782 shares changed hands during 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.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the company. UBS Group cut Subaru from a “neutral” rating to a “sell” rating in a research note on Thursday, June 18th. Zacks Research raised Subaru from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Subaru has an average rating of “Reduce”.
Get Our Latest Stock Report on Subaru
Subaru Stock Up 3.9%
Subaru (OTCMKTS:FUJHY – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.05). Subaru had a net margin of 1.77% and a return on equity of 3.04%. The firm had revenue of $7.94 billion during the quarter, compared to analysts’ expectations of $7.94 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. As a group, analysts predict that Subaru Corporation will post 0.66 EPS for the current year.
Hedge Funds Weigh In On Subaru
An institutional investor recently raised its stake in Subaru stock. CHICAGO TRUST Co NA raised its holdings in Subaru Corporation (OTCMKTS:FUJHY – Free Report) by 10.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,466 shares of the company’s stock after buying 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 SEC filing. Institutional investors and hedge funds 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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