Subaru Co. (OTCMKTS:FUJHY - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $8.87 and traded as high as $8.93. Subaru shares last traded at $8.63, with a volume of 111,645 shares.
Analysts Set New Price Targets
Separately, Sanford C. Bernstein upgraded Subaru to a "strong sell" rating in a report on Monday, April 14th.
View Our Latest Analysis on Subaru
Subaru Trading Down 0.3%
The company has a fifty day simple moving average of $8.86 and a two-hundred day simple moving average of $8.84. The company has a current ratio of 2.63, a quick ratio of 2.08 and a debt-to-equity ratio of 0.13. The company has a market cap of $12.82 billion, a PE ratio of 4.86, a P/E/G ratio of 0.25 and a beta of 0.41.
Subaru (OTCMKTS:FUJHY - Get Free Report) last released its quarterly earnings data on Wednesday, May 14th. The company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.05). Subaru had a net margin of 8.50% and a return on equity of 15.26%. The business had revenue of $7.77 billion during the quarter, compared to analysts' expectations of $1,289.35 billion. Analysts anticipate that Subaru Co. will post 1.44 EPS for the current year.
Hedge Funds Weigh In On Subaru
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rhumbline Advisers grew its stake in Subaru by 12.6% during the 4th quarter. Rhumbline Advisers now owns 17,444 shares of the company's stock worth $157,000 after buying an additional 1,947 shares during the last quarter. Great Lakes Advisors LLC grew its stake in Subaru by 3.6% during the 4th quarter. Great Lakes Advisors LLC now owns 231,753 shares of the company's stock worth $2,083,000 after buying an additional 8,063 shares during the last quarter. Beddow Capital Management Inc. grew its stake in Subaru by 20.5% during the 4th quarter. Beddow Capital Management Inc. now owns 140,598 shares of the company's stock worth $1,262,000 after buying an additional 23,950 shares during the last quarter. GAMMA Investing LLC grew its stake in Subaru by 1,214.1% during the 1st quarter. GAMMA Investing LLC now owns 120,802 shares of the company's stock worth $1,076,000 after buying an additional 111,609 shares during the last quarter. Finally, CHICAGO TRUST Co NA grew its stake 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 last quarter. 0.01% of the stock is owned by institutional investors and hedge funds.
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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