Shares of Subaru Corporation (OTCMKTS:FUJHY – Get Free Report) 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.
Analysts Set New Price Targets
Several research analysts recently issued reports on the company. UBS Group cut Subaru from a “neutral” rating to a “sell” rating in a research report on Thursday, June 18th. Zacks Research raised Subaru from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.
Get Our Latest Research Report on Subaru
Subaru Trading Down 1.2%
Subaru (OTCMKTS:FUJHY – Get Free Report) last posted its quarterly earnings data 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 1.77% 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. On average, equities analysts predict that Subaru Corporation will post 0.66 EPS for the current fiscal year.
Institutional Trading of Subaru
An institutional investor recently raised its position in Subaru stock. CHICAGO TRUST Co NA lifted its holdings in shares of Subaru Corporation (OTCMKTS:FUJHY – Free Report) by 10.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund 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 quarter. 0.01% of the stock is currently owned by hedge funds and other institutional investors.
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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