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

Subaru Corporation (OTCMKTS:FUJHY) shares gapped down prior to trading on Wednesday. The stock had previously closed at $8.79, but opened at $8.27. Subaru shares last traded at $8.5050, with a volume of 8,945 shares changing hands.

Wall Street Analysts Forecast Growth

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 given a Sell rating to the company. According to MarketBeat.com, Subaru presently has an average rating of “Reduce”.

Subaru Trading Up 2.0%

The company has a quick ratio of 1.75, a current ratio of 2.29 and a debt-to-equity ratio of 0.12. The business has a fifty day simple moving average of $8.30 and a 200 day simple moving average of $8.27. The company has a market cap of $12.44 billion, a price-to-earnings ratio of 18.09, a P/E/G ratio of 0.38 and a beta of 0.35.

Subaru (OTCMKTS:FUJHY) last posted its quarterly earnings results on Tuesday, November 10th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.04. Subaru had a net margin of 2.06% and a return on equity of 3.59%. The business had revenue of $7.99 billion for the quarter, compared to analysts’ expectations of $8.05 billion. Subaru has set its FY 2027 guidance at 0.564-0.564 EPS. On average, equities analysts anticipate that Subaru Corporation will post 0.66 EPS for the current fiscal year.

Institutional Trading of Subaru

A hedge fund recently raised its stake in Subaru stock. GAMMA Investing LLC boosted its stake in shares of Subaru Corporation (OTCMKTS:FUJHY) by 69.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,221 shares of the company’s stock after buying an additional 2,947 shares during the quarter. GAMMA Investing LLC’s holdings in Subaru were worth $58,000 as of its most recent filing with the Securities and Exchange Commission. 0.01% of the stock is owned by institutional investors and hedge funds.

Subaru Company Profile

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.