Subaru (OTCMKTS:FUJHY) Shares Gap Down - Here's Why

Key Points

• Subaru shares fell sharply at the open, dropping from a prior close of $8.20 to $7.77 before recovering to $7.96.
• Analyst sentiment remains negative: UBS downgraded the stock to “sell,” Zacks upgraded it only to “hold,” and MarketBeat’s consensus rating is “Reduce.”
• Subaru’s latest earnings missed expectations, with quarterly EPS of $0.22 versus the $0.27 consensus, while revenue matched estimates at $7.94 billion.

Shares of Subaru Corporation (OTCMKTS:FUJHY - Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $8.20, but opened at $7.77. Subaru shares last traded at $7.96, with a volume of 18,793 shares trading hands.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on FUJHY. Zacks Research upgraded Subaru from a "strong sell" rating to a "hold" rating in a research report on Monday, August 3rd. UBS Group cut Subaru from a "neutral" rating to a "sell" rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Reduce".

Subaru Price Performance

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 company has a market cap of $11.35 billion, a price-to-earnings ratio of 19.78, a P/E/G ratio of 0.36 and a beta of 0.36. The company's 50-day simple moving average is $8.24 and its 200-day simple moving average is $7.92.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Subaru stock. CHICAGO TRUST Co NA grew its holdings in shares of Subaru Corporation (OTCMKTS:FUJHY - Free Report) by 10.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm 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 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.01% of the company's stock.

About Subaru

Subaru Corporation is a Japanese transportation manufacturer best known for its Subaru-branded automobiles. The company develops and sells passenger cars and sport utility vehicles, with a product lineup recognized for symmetrical all-wheel-drive systems, horizontally opposed “boxer” engines and advanced driver-assistance technologies such as EyeSight.

In addition to automobiles, Subaru operates an aerospace business that designs and manufactures aircraft components and structures and participates in aircraft development and production programs.

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