Subaru Corporation (OTCMKTS:FUJHY - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $10.89 and last traded at $10.48, with a volume of 36879 shares trading hands. The stock had previously closed at $10.35.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group raised shares of Subaru from a "neutral" rating to a "buy" rating in a research note on Thursday, July 24th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold".
Read Our Latest Analysis on FUJHY
Subaru Stock Performance
The business's fifty day moving average price is $9.86 and its two-hundred day moving average price is $9.24. The stock has a market capitalization of $15.36 billion, a P/E ratio of 7.43 and a beta of 0.40.
Subaru (OTCMKTS:FUJHY - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.06. Subaru had a net margin of 6.40% and a return on equity of 11.48%. The firm had revenue of $8.23 billion for the quarter, compared to the consensus estimate of $7.32 billion. As a group, analysts forecast that Subaru Corporation will post 1.44 earnings per share for the current year.
Institutional Trading of Subaru
Large investors have recently made changes to their positions in the business. GAMMA Investing LLC increased its holdings in shares of Subaru by 47.5% in the 1st quarter. GAMMA Investing LLC now owns 13,558 shares of the company's stock worth $121,000 after buying an additional 4,365 shares during the last quarter. CHICAGO TRUST Co NA boosted its stake in shares of Subaru by 17.7% during the 1st quarter. CHICAGO TRUST Co NA now owns 40,744 shares of the company's stock worth $360,000 after purchasing an additional 6,136 shares during the period. Finally, Great Lakes Advisors LLC boosted its stake in shares of Subaru by 26.8% during the 1st quarter. Great Lakes Advisors LLC now owns 293,796 shares of the company's stock worth $2,618,000 after purchasing an additional 62,043 shares during the period. 0.01% of the stock is currently owned by institutional investors.
About Subaru
(
Get Free Report)
Subaru Corporation manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, and internationally. It operates through three segments: Automotive, Aerospace, and Others. The company manufactures, sells, and repairs passenger cars and their components, aircrafts, aerospace-related machinery, and related components; and rents and manages real estate properties.
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