Subaru (OTCMKTS:FUJHY) Shares Gap Up – Should You Buy?

Subaru Corporation (OTCMKTS:FUJHY) 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.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Subaru from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. One research 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 a consensus rating of “Reduce”.

Subaru Price Performance

The firm 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. 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 business’s 50 day moving average is $8.30 and its two-hundred day moving average is $8.28.

Subaru (OTCMKTS:FUJHY) last released its quarterly earnings results on Tuesday, November 10th. The company reported $0.24 EPS 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 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, research analysts anticipate that Subaru Corporation will post 0.66 EPS for the current year.

Institutional Trading of Subaru

An institutional investor recently raised its position in Subaru stock. GAMMA Investing LLC increased its stake in Subaru Corporation (OTCMKTS:FUJHY) by 69.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,221 shares of the company’s stock after acquiring 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. 0.01% of the stock is currently 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.