Subaru Corporation (OTCMKTS:FUJHY - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $10.05 and last traded at $10.00, with a volume of 551732 shares changing hands. The stock had previously closed at $8.52.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on FUJHY shares. The Goldman Sachs Group upgraded shares of Subaru from a "neutral" rating to a "buy" rating in a research note on Thursday. Sanford C. Bernstein raised Subaru to a "strong sell" rating in a report on Monday, April 14th.
View Our Latest Analysis on Subaru
Subaru Price Performance
The company's 50 day simple moving average is $8.79 and its 200 day simple moving average is $8.91. The stock has a market cap of $14.84 billion, a P/E ratio of 6.70 and a beta of 0.38.
Subaru (OTCMKTS:FUJHY - Get Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.05). The business had revenue of $7.77 billion for the quarter, compared to the consensus estimate of $1,289.35 billion. Subaru had a return on equity of 12.67% and a net margin of 7.21%. On average, equities research analysts predict that Subaru Corporation will post 1.44 earnings per share for the current year.
Institutional Trading of Subaru
Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC lifted its position in Subaru by 47.5% during the first quarter. GAMMA Investing LLC now owns 13,558 shares of the company's stock worth $121,000 after acquiring an additional 4,365 shares during the last quarter. CHICAGO TRUST Co NA increased its position in 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 buying an additional 6,136 shares during the period. Finally, Great Lakes Advisors LLC raised its position in shares of Subaru by 26.8% in the first quarter. Great Lakes Advisors LLC now owns 293,796 shares of the company's stock valued at $2,618,000 after buying an additional 62,043 shares in the last quarter. Institutional investors own 0.01% of the company's stock.
Subaru Company Profile
(
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.
Further Reading
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