Subaru Corporation (OTCMKTS:FUJHY – Get Free Report) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 157,088 shares, a decrease of 60.5% from the July 30th total of 398,068 shares. Based on an average daily trading volume, of 398,082 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on FUJHY. UBS Group downgraded Subaru from a “neutral” rating to a “sell” rating in a report on Thursday, June 18th. Zacks Research raised 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.
Read Our Latest Stock Analysis on Subaru
Subaru Stock Performance
Subaru (OTCMKTS:FUJHY – Get Free Report) last announced its earnings results 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 return on equity of 3.01% and a net margin of 1.77%.The firm had revenue of $7.94 billion during the quarter, compared to the consensus estimate of $7.94 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. Sell-side analysts predict that Subaru 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 shares of Subaru Corporation (OTCMKTS:FUJHY – Free Report) by 10.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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 at the end of the most recent quarter. Institutional investors and hedge funds own 0.01% of the company’s stock.
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.
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