Subaru (OTCMKTS:FUJHY) Hits New 52-Week High – Still a Buy?

by · The Cerbat Gem

Subaru Corporation (OTCMKTS:FUJHY – Get Free Report)’s stock price reached a new 52-week high on Monday . The company traded as high as $11.50 and last traded at $11.50, with a volume of 4496 shares changing hands. The stock had previously closed at $11.14.

Subaru Trading Up 3.0%

The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.99 and a current ratio of 2.49. The company has a market capitalization of $16.81 billion, a price-to-earnings ratio of 9.40 and a beta of 0.33. The firm has a fifty day moving average price of $10.70 and a 200-day moving average price of $9.91.

Subaru (OTCMKTS:FUJHY – Get Free Report) last posted its quarterly earnings data on Monday, November 10th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.02. Subaru had a net margin of 5.49% and a return on equity of 9.62%. The business had revenue of $7.61 billion during the quarter, compared to analysts’ expectations of $7.53 billion. As a group, equities analysts anticipate that Subaru Corporation will post 1.44 EPS for the current year.

Hedge Funds Weigh In On Subaru

A number of institutional investors have recently modified their holdings of the business. GAMMA Investing LLC boosted its stake in Subaru by 8.4% in 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. CHICAGO TRUST Co NA boosted its stake 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 purchasing an additional 9,993 shares in the last quarter. Beddow Capital Management Inc. grew its holdings in shares of Subaru by 2.8% during the 3rd quarter. Beddow Capital Management Inc. now owns 595,371 shares of the company’s stock valued at $6,019,000 after purchasing an additional 16,372 shares during the last quarter. Finally, Great Lakes Advisors LLC increased its position in Subaru by 11.6% during the 3rd quarter. Great Lakes Advisors LLC now owns 356,206 shares of the company’s stock worth $3,601,000 after purchasing an additional 37,021 shares in the last quarter. Institutional investors and hedge funds own 0.01% of the company’s stock.

About Subaru

(Get Free Report)

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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