Subaru Corporation (OTCMKTS:FUJHY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $10.29, but opened at $9.93. Subaru shares last traded at $10.30, with a volume of 964 shares trading hands.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group raised shares of Subaru from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Subaru has an average rating of "Hold".
Read Our Latest Stock Analysis on FUJHY
Subaru Trading Up 0.1%
The business's 50 day moving average price is $10.09 and its 200-day moving average price is $9.29. The company has a market cap of $15.10 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39.
Subaru (OTCMKTS:FUJHY - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.06. The company had revenue of $8.23 billion during the quarter, compared to analysts' expectations of $7.32 billion. Subaru had a net margin of 6.40% and a return on equity of 11.48%. Equities research analysts forecast that Subaru Corporation will post 1.44 EPS for the current fiscal year.
Institutional Trading of Subaru
Hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC lifted its stake in shares of Subaru by 47.5% during 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. Great Lakes Advisors LLC raised its stake in Subaru by 26.8% in 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 in the last quarter. Finally, CHICAGO TRUST Co NA raised its stake in Subaru by 17.7% in 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 in the last quarter. Institutional investors and hedge funds 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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