Subaru (OTCMKTS:FUJHY) Hits New 1-Year High – Still a Buy?

Subaru Corporation (OTCMKTS:FUJHY) reached a new 52-week high during trading on Thursday . The stock traded as high as $11.70 and last traded at $11.0150, with a volume of 969 shares. The stock had previously closed at $11.13.

Subaru Price Performance

The firm has a market capitalization of $16.38 billion, a price-to-earnings ratio of 9.16 and a beta of 0.34. The stock’s fifty day moving average price is $10.96 and its two-hundred day moving average price is $10.28. The company has a current ratio of 2.49, a quick ratio of 1.99 and a debt-to-equity ratio of 0.13.

Subaru (OTCMKTS:FUJHY) last posted its earnings results on Monday, November 10th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.15 by $0.02. Subaru had a return on equity of 9.62% and a net margin of 5.49%.The firm had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7.53 billion. Equities research analysts expect that Subaru Corporation 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 FUJHY. GAMMA Investing LLC raised its holdings in Subaru by 12.7% during the second quarter. GAMMA Investing LLC now owns 15,286 shares of the company’s stock worth $132,000 after purchasing an additional 1,728 shares in the last quarter. CHICAGO TRUST Co NA grew its position in shares of Subaru by 24.5% in the 2nd quarter. CHICAGO TRUST Co NA now owns 50,737 shares of the company’s stock valued at $442,000 after buying an additional 9,993 shares during the last quarter. Great Lakes Advisors LLC grew its position 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 buying an additional 37,021 shares during the last quarter. Finally, Beddow Capital Management Inc. raised its stake in Subaru by 2.8% during the 3rd quarter. Beddow Capital Management Inc. now owns 595,371 shares of the company’s stock worth $6,019,000 after acquiring an additional 16,372 shares in the last quarter. 0.01% of the stock is owned by institutional investors and hedge funds.

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.