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

Key Points

• Subaru shares opened lower, falling from a prior close of $8.27 to $8.01 before recovering to about $8.30; the stock was down roughly 0.2%.
• Analyst sentiment remains cautious: Zacks upgraded Subaru from “strong sell” to “hold,” but MarketBeat reports an overall average rating of “Reduce,” with one Hold and one Sell rating.
• Subaru’s latest quarterly earnings came in below expectations at $0.22 per share versus a $0.27 estimate, while revenue matched forecasts at $7.94 billion. The company reported a 1.77% net margin and 3.04% return on equity.

Shares of Subaru Corporation (OTCMKTS:FUJHY - Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $8.27, but opened at $8.01. Subaru shares last traded at $8.2980, with a volume of 3,698 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Subaru from a "strong sell" rating to a "hold" rating in a report on Monday, August 3rd. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Reduce".

Subaru Stock Down 0.2%

The firm has a market cap of $11.89 billion, a P/E ratio of 20.73, a price-to-earnings-growth ratio of 0.37 and a beta of 0.38. The stock's 50 day simple moving average is $8.20 and its 200 day simple moving average is $7.93. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.75 and a current ratio of 2.29.

Subaru (OTCMKTS:FUJHY - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by ($0.05). Subaru had a net margin of 1.77% and a return on equity of 3.04%. The business 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. Research analysts anticipate that Subaru Corporation will post 0.66 EPS for the current year.

Institutional Investors Weigh In On Subaru

A hedge fund recently raised its position in Subaru stock. GAMMA Investing LLC boosted its holdings in Subaru Corporation (OTCMKTS:FUJHY - Free Report) by 69.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,221 shares of the company's stock after acquiring an additional 2,947 shares during the quarter. GAMMA Investing LLC's holdings in Subaru were worth $58,000 at the end of the most recent quarter. 0.01% of the stock is currently owned by institutional investors and hedge funds.

About Subaru

Subaru Corporation is a Japanese manufacturer best known for its Subaru automobile brand. The company develops, produces and sells passenger cars and sport utility vehicles, with a product lineup that includes models such as the Impreza, Legacy, Outback, Forester, Crosstrek and Solterra. Subaru vehicles are widely associated with symmetrical all-wheel-drive systems, horizontally opposed “boxer” engines and driver-assistance technologies.

In addition to automobiles, Subaru operates an aerospace business that develops and manufactures aircraft, aerospace components and related systems.

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