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Subaru (OTCMKTS:FUJHY) Shares Gap Down - Time to Sell?

Subaru logo with Auto/Tires/Trucks background

Key Points

  • Subaru's stock price gapped down from $10.08 to $9.29 prior to trading on Friday, with the last trade at $9.53.
  • Analysts have recently changed their ratings, with Sanford C. Bernstein rating it a "strong sell" and Goldman Sachs upgrading it to a "buy".
  • Subaru reported earnings of $0.10 per share, missing the consensus estimate, with revenue significantly below expectations.
  • Institutional investors have recently increased their stakes in Subaru, with GAMMA Investing LLC boosting their investment by 1,214.1%.
  • Looking to export and analyze Subaru data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Subaru Corporation (OTCMKTS:FUJHY - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $10.08, but opened at $9.29. Subaru shares last traded at $9.53, with a volume of 11,291 shares.

Wall Street Analyst Weigh In

FUJHY has been the subject of several research analyst reports. The Goldman Sachs Group upgraded shares of Subaru from a "neutral" rating to a "buy" rating in a research note on Thursday, July 24th. Sanford C. Bernstein raised shares of Subaru to a "strong sell" rating in a report on Monday, April 14th.

Check Out Our Latest Research Report on Subaru

Subaru Price Performance

The business's 50 day simple moving average is $8.84 and its 200-day simple moving average is $8.93. The stock has a market capitalization of $13.89 billion, a P/E ratio of 6.27 and a beta of 0.38.

Subaru (OTCMKTS:FUJHY - Get Free Report) last released its quarterly earnings data 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). Subaru had a return on equity of 12.67% and a net margin of 7.21%. The firm had revenue of $7.77 billion for the quarter, compared to the consensus estimate of $1,289.35 billion. Research analysts anticipate that Subaru Corporation will post 1.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC raised its holdings in shares of 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 period. CHICAGO TRUST Co NA raised its holdings in shares of Subaru by 17.7% during the first quarter. CHICAGO TRUST Co NA now owns 40,744 shares of the company's stock worth $360,000 after acquiring an additional 6,136 shares during the period. Finally, Great Lakes Advisors LLC raised its holdings in shares of Subaru by 26.8% during the first quarter. Great Lakes Advisors LLC now owns 293,796 shares of the company's stock worth $2,618,000 after acquiring an additional 62,043 shares during the period. Institutional investors own 0.01% of the company's stock.

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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