Subaru (OTCMKTS:FUJHY) Sees Large Volume Increase After Analyst Upgrade

Subaru Corporation (OTCMKTS:FUJHYGet Free Report) shares saw strong trading volume on Tuesday after Zacks Research upgraded the stock from a strong sell rating to a hold rating. 661,880 shares traded hands during trading, an increase of 141% from the previous session’s volume of 275,182 shares.The stock last traded at $8.28 and had previously closed at $8.24.

Separately, UBS Group cut shares of Subaru from a “neutral” rating to a “sell” rating in a report 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, the company has a consensus rating of “Reduce”.

Read Our Latest Report on Subaru

Hedge Funds Weigh In On Subaru

A hedge fund recently raised its position in Subaru stock. CHICAGO TRUST Co NA boosted its holdings in Subaru Corporation (OTCMKTS:FUJHYFree Report) by 10.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,466 shares of the company’s stock after purchasing 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. Institutional investors own 0.01% of the company’s stock.

Subaru Stock Up 2.6%

The stock has a market cap of $11.42 billion, a P/E ratio of 18.09, a price-to-earnings-growth ratio of 0.38 and a beta of 0.35. The firm’s 50 day simple moving average is $7.79 and its two-hundred day simple moving average is $8.40.

Subaru (OTCMKTS:FUJHYGet Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.05). Subaru had a net margin of 1.96% and a return on equity of 3.38%. The business had revenue of $7.94 billion during 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 analysts predict that Subaru Corporation will post 0.65 EPS for the current year.

Subaru Company Profile

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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.

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