Subaru (OTCMKTS:FUJHY) Shares Gap Up – What’s Next?

Subaru Corporation (OTCMKTS:FUJHY)’s share price gapped up prior to trading on Thursday. The stock had previously closed at $8.5040, but opened at $9.00. Subaru shares last traded at $8.7760, with a volume of 33,444 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research upgraded 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce”.

Subaru Stock Performance

The business’s fifty day moving average price is $8.30 and its 200-day moving average price is $8.28. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.29 and a quick ratio of 1.75. The stock has a market capitalization of $12.44 billion, a PE ratio of 18.45, a P/E/G ratio of 0.39 and a beta of 0.35.

Subaru (OTCMKTS:FUJHY) last issued its quarterly earnings data on Tuesday, November 10th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.20 by $0.04. Subaru had a net margin of 2.06% and a return on equity of 3.59%. The company had revenue of $7.99 billion during the quarter, compared to analysts’ expectations of $8.05 billion. Subaru has set its FY 2027 guidance at 0.564-0.564 EPS. As a group, equities research analysts expect that Subaru Corporation will post 0.66 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Subaru stock. GAMMA Investing LLC increased its holdings in Subaru Corporation (OTCMKTS:FUJHY) by 69.0% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,221 shares of the company’s stock after buying an additional 2,947 shares during the period. GAMMA Investing LLC’s holdings in Subaru were worth $58,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.01% of the company’s stock.

About Subaru

Subaru Corporation is a Japanese manufacturer best known for designing, producing and selling Subaru-branded automobiles. Its vehicle lineup includes passenger cars and sport utility vehicles, with features such as the company’s horizontally opposed “boxer” engines and Symmetrical All-Wheel Drive available across many models. The company also conducts an aerospace business, producing and supporting aircraft, helicopter components and other aerospace equipment. Its automotive and aerospace products serve customers in Japan and international markets, including North America, Europe and other regions.