Subaru (OTCMKTS:FUJHY) Sees Large Volume Increase - Here's What Happened

Key Points

• Subaru shares rose 4.3% to $8.52, while trading volume jumped 86% to 505,782 shares from the prior session.
• Analyst sentiment remains cautious: UBS downgraded the stock to “sell,” Zacks upgraded it to “hold,” and MarketBeat reports a consensus rating of “Reduce.”
• Subaru reported quarterly EPS of $0.22, below the $0.27 consensus estimate, while revenue matched expectations at $7.94 billion.

Subaru Corporation (OTCMKTS:FUJHY - Get Free Report) shares saw unusually-high trading volume on Friday . 505,782 shares traded hands during mid-day trading, an increase of 86% from the previous session's volume of 271,827 shares.The stock last traded at $8.52 and had previously closed at $8.17.

Analysts Set New Price Targets

Several analysts have issued reports on FUJHY shares. UBS Group cut Subaru from a "neutral" rating to a "sell" rating in a research note on Thursday, June 18th. Zacks Research raised 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's stock. According to data from MarketBeat, Subaru has a consensus rating of "Reduce".

Subaru Trading Up 4.3%

The firm has a market cap of $12.22 billion, a P/E ratio of 21.30, a P/E/G ratio of 0.36 and a beta of 0.36. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.68 and a current ratio of 2.29. The firm has a fifty day moving average of $8.08 and a 200-day moving average of $7.98.

Subaru (OTCMKTS:FUJHY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.05). The company had revenue of $7.94 billion for the quarter, compared to the consensus estimate of $7.94 billion. Subaru had a return on equity of 3.04% and a net margin of 1.77%.Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. Equities research analysts forecast that Subaru Corporation will post 0.66 earnings per share for the current year.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Subaru stock. CHICAGO TRUST Co NA grew its position in Subaru Corporation (OTCMKTS:FUJHY - Free Report) by 10.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 69,466 shares of the company's stock after purchasing an additional 6,761 shares during the period. CHICAGO TRUST Co NA's holdings in Subaru were worth $542,000 as of its most recent SEC filing. 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.

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