Subaru (OTCMKTS:FUJHY) Shares Gap Down – Should You Sell?

Subaru Corporation (OTCMKTS:FUJHY) shares gapped down before the market opened 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 firms have issued reports on FUJHY. Zacks Research raised shares of Subaru from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. UBS Group lowered shares of Subaru from a “neutral” rating to a “sell” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Subaru has an average rating of “Reduce”.

Subaru Stock Down 1.1%

The firm has a market cap of $11.97 billion, a P/E ratio of 20.87, a P/E/G ratio of 0.37 and a beta of 0.36. The company has a current ratio of 2.29, a quick ratio of 1.75 and a debt-to-equity ratio of 0.12. The business has a 50-day moving average price of $8.13 and a 200-day moving average price of $7.95.

Subaru (OTCMKTS:FUJHY) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.22 earnings per share 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 the consensus estimate of $7.94 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. On average, equities analysts forecast that Subaru Corporation will post 0.66 EPS for the current fiscal year.

Hedge Funds Weigh In On Subaru

A hedge fund recently raised its stake in Subaru stock. CHICAGO TRUST Co NA raised its stake in shares of Subaru Corporation (OTCMKTS:FUJHY) by 10.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor 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 reporting period. 0.01% of the stock is owned by 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.