Subaru Corporation (OTCMKTS:FUJHY - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $8.52, but opened at $9.75. Subaru shares last traded at $9.77, with a volume of 84,890 shares traded.
Analysts Set New Price Targets
A number of equities analysts have commented on the company. Sanford C. Bernstein upgraded Subaru to a "strong sell" rating in a research note on Monday, April 14th. The Goldman Sachs Group upgraded shares of Subaru from a "neutral" rating to a "buy" rating in a report on Thursday.
Get Our Latest Analysis on FUJHY
Subaru Stock Down 5.0%
The stock's 50-day moving average price is $8.83 and its 200 day moving average price is $8.92. The firm has a market cap of $14.05 billion, a price-to-earnings ratio of 6.34 and a beta of 0.38.
Subaru (OTCMKTS:FUJHY - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.05). The business had revenue of $7.77 billion during the quarter, compared to the consensus estimate of $1,289.35 billion. Subaru had a net margin of 7.21% and a return on equity of 12.67%. On average, research analysts predict that Subaru Corporation will post 1.44 EPS for the current year.
Institutional Trading of Subaru
Several large investors have recently added to or reduced their stakes in FUJHY. GAMMA Investing LLC grew its stake 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 buying an additional 4,365 shares during the last quarter. CHICAGO TRUST Co NA grew its stake 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 valued at $360,000 after purchasing an additional 6,136 shares during the last quarter. Finally, Great Lakes Advisors LLC grew its stake 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 valued at $2,618,000 after purchasing an additional 62,043 shares during the last quarter. 0.01% of the stock is owned by institutional investors.
About Subaru
(
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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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