Subaru (OTCMKTS:FUJHY) Sees Strong Trading Volume After Analyst Upgrade

Shares of Subaru Corporation (OTCMKTS:FUJHY) saw strong trading volume on Tuesday after Zacks Research upgraded the stock from a strong sell rating to a hold rating. 661,880 shares were traded during mid-day 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 downgraded 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.

Hedge Funds Weigh In On Subaru

An institutional investor recently raised its stake in Subaru stock. Great Lakes Advisors LLC grew its holdings in Subaru Corporation (OTCMKTS:FUJHY) by 7.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 381,638 shares of the company’s stock after purchasing an additional 25,432 shares during the period. Great Lakes Advisors LLC’s holdings in Subaru were worth $4,095,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 0.01% of the company’s stock.

Subaru Stock Performance

The stock has a fifty day simple moving average of $7.79 and a 200 day simple moving average of $8.40. The firm has a market cap of $11.43 billion, a P/E ratio of 18.11, a price-to-earnings-growth ratio of 0.38 and a beta of 0.35.

Subaru (OTCMKTS:FUJHY) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.05). The business had revenue of $7.94 billion for the quarter, compared to the consensus estimate of $7.94 billion. Subaru had a net margin of 1.96% and a return on equity of 3.38%. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. Research analysts predict that Subaru Corporation will post 0.65 earnings per share for the current year.

Subaru Company Profile

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.