Subaru (OTCMKTS:FUJHY) Shares Gap Up - Still a Buy?

Key Points

• Subaru shares opened higher, rising from a prior close of $8.28 to $8.60 before trading at $8.4250, up 1.7%. The stock trades above both its 50-day and 200-day moving averages.
• Analyst sentiment remains negative: UBS downgraded Subaru to “sell,” while Zacks Research upgraded it to “hold.” MarketBeat reports an average rating of “Reduce.”
• Subaru missed quarterly earnings expectations, reporting $0.22 in EPS versus the $0.27 consensus, although revenue matched estimates at $7.94 billion. Institutional ownership is minimal, with hedge funds and other institutions holding just 0.01% of shares.

Subaru Corporation (OTCMKTS:FUJHY - Get Free Report) shares gapped up before the market opened on Friday. The stock had previously closed at $8.28, but opened at $8.60. Subaru shares last traded at $8.4250, with a volume of 2,267 shares.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. UBS Group cut shares of Subaru from a "neutral" rating to a "sell" rating in a research report 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 equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Reduce".

Subaru Stock Up 1.7%

The business has a 50-day simple moving average of $8.21 and a 200-day simple moving average of $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. The company has a market cap of $12.01 billion, a price-to-earnings ratio of 20.93, a price-to-earnings-growth ratio of 0.37 and a beta of 0.36.

Subaru (OTCMKTS:FUJHY - Get Free Report) last announced 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 analyst estimates 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. On average, equities analysts anticipate that Subaru Corporation will post 0.66 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Subaru

A hedge fund recently raised its stake in Subaru stock. CHICAGO TRUST Co NA grew its position in Subaru Corporation (OTCMKTS:FUJHY - Free Report) by 10.8% during the first 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 purchasing 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 currently owned by hedge funds and other 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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