Subaru (OTCMKTS:FUJHY) Shares Gap Down Following Weak Earnings

Subaru Corporation (OTCMKTS:FUJHY) gapped down before the market opened on Monday after the company announced weaker than expected quarterly earnings. The stock had previously closed at $8.09, but opened at $7.70. Subaru shares last traded at $7.53, with a volume of 5,401 shares trading hands.

The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.18). Subaru had a net margin of 1.96% and a return on equity of 3.38%. The company had revenue of $8.01 billion during the quarter, compared to analyst estimates of $7.67 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered Subaru from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Subaru presently has an average rating of “Hold”.

Institutional Investors Weigh In On Subaru

Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC boosted its stake in shares of Subaru by 14.0% during the 4th quarter. GAMMA Investing LLC now owns 18,891 shares of the company’s stock worth $203,000 after acquiring an additional 2,326 shares during the last quarter. CHICAGO TRUST Co NA raised its stake in Subaru by 10.8% in the 1st quarter. CHICAGO TRUST Co NA now owns 69,466 shares of the company’s stock worth $542,000 after acquiring an additional 6,761 shares during the last quarter. Great Lakes Advisors LLC lifted its stake in shares of Subaru by 11.6% in the 3rd quarter. Great Lakes Advisors LLC now owns 356,206 shares of the company’s stock valued at $3,601,000 after purchasing an additional 37,021 shares during the period. Finally, Beddow Capital Management Inc. raised its holdings in shares of Subaru by 2.8% during the third quarter. Beddow Capital Management Inc. now owns 595,371 shares of the company’s stock valued at $6,019,000 after acquiring an additional 16,372 shares during the last quarter. Hedge funds and other institutional investors own 0.01% of the company’s stock.

Subaru Stock Performance

The firm’s 50 day moving average price is $7.90 and its two-hundred day moving average price is $9.69. The firm has a market cap of $10.83 billion, a PE ratio of 17.16 and a beta of 0.36. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.86 and a current ratio of 2.41.

About Subaru

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.