Subaru (OTCMKTS:FUJHY) Hits New 12-Month High – What’s Next?

Subaru Corporation (OTCMKTS:FUJHY) hit a new 52-week high on Thursday . The stock traded as high as $10.95 and last traded at $10.95, with a volume of 2237 shares traded. The stock had previously closed at $10.53.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised 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 given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Subaru Stock Down 0.4%

The company has a market cap of $15.68 billion, a P/E ratio of 7.58 and a beta of 0.39. The company has a 50 day moving average price of $10.25 and a 200-day moving average price of $9.42.

Subaru (OTCMKTS:FUJHY) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.06. Subaru had a return on equity of 11.48% and a net margin of 6.40%.The company had revenue of $8.23 billion during the quarter, compared to analysts’ expectations of $7.32 billion. On average, research analysts expect that Subaru Corporation will post 1.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. CHICAGO TRUST Co NA boosted its stake in Subaru by 27.5% during the third quarter. CHICAGO TRUST Co NA now owns 64,666 shares of the company’s stock valued at $663,000 after buying an additional 13,929 shares in the last quarter. GAMMA Investing LLC boosted its stake in Subaru by 8.4% during the third quarter. GAMMA Investing LLC now owns 16,565 shares of the company’s stock valued at $167,000 after buying an additional 1,279 shares in the last quarter. Finally, Great Lakes Advisors LLC boosted its stake in 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 buying an additional 62,043 shares in the last quarter. Institutional investors own 0.01% of the company’s stock.

Subaru Company Profile

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.