Subaru (OTCMKTS:FUJHY) Sees Strong Trading Volume – Time to Buy?

Shares of Subaru Corporation (OTCMKTS:FUJHY) saw an uptick in trading volume on Tuesday . 661,880 shares traded hands during mid-day trading, an increase of 141% from the previous session’s volume of 275,182 shares.The stock last traded at $8.28 and had previously closed at $8.24.

Analysts Set New Price Targets

FUJHY has been the topic of a number of analyst reports. UBS Group downgraded shares of Subaru from a “neutral” rating to a “sell” rating in a research report on Thursday, June 18th. Zacks Research downgraded shares of Subaru from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. Two equities research analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, Subaru currently has an average rating of “Sell”.

Subaru Stock Performance

The company has a 50 day moving average of $7.78 and a two-hundred day moving average of $8.45. The stock has a market capitalization of $11.92 billion, a PE ratio of 18.89, a P/E/G ratio of 0.38 and a beta of 0.35.

Subaru (OTCMKTS:FUJHY) last released its quarterly earnings results on Friday, May 15th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.18). The business had revenue of $8.01 billion during the quarter, compared to analysts’ expectations of $7.67 billion. Subaru had a net margin of 1.96% and a return on equity of 3.38%. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. As a group, research analysts predict that Subaru Corporation will post 0.65 EPS for the current fiscal year.

Institutional Trading of Subaru

An institutional investor recently raised its position in Subaru stock. Great Lakes Advisors LLC increased its stake in Subaru Corporation (OTCMKTS:FUJHY) by 7.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 381,638 shares of the company’s stock after purchasing an additional 25,432 shares during the period. Great Lakes Advisors LLC’s holdings in Subaru were worth $4,095,000 as of its most recent filing with the Securities & Exchange Commission. 0.01% of the stock is owned by institutional investors.

Subaru Company Profile

Subaru Corporation, traded over the counter as OTCMKTS:FUJHY, is a Japanese multinational automaker known for its distinctive use of the horizontally opposed “boxer” engine and standard symmetrical all-wheel-drive system across most of its vehicle lineup. Founded in 1953 as Fuji Heavy Industries, the company rebranded to Subaru Corporation in 2017 to align its corporate identity with its well‐established automotive brand. Subaru’s product portfolio includes compact and midsize sedans, sport wagons, crossovers and SUVs, with flagship models such as the Impreza, Legacy, Outback, Forester and Crosstrek (also marketed as the XV in some regions), as well as the performance-oriented BRZ sports coupe developed in partnership with Toyota.

In addition to passenger vehicles, Subaru Corporation is involved in the manufacturing of automotive components, aerospace products and industrial machinery, leveraging advanced materials and precision engineering capabilities inherited from its Fuji Heavy Industries heritage.