We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Subaru Corporation (FUJHY) Stock Declines While Market Improves: Some Information for Investors
Read MoreHide Full Article
Subaru Corporation (FUJHY - Free Report) closed the latest trading day at $11.30, indicating a -0.09% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.11%. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq decreased by 0.12%.
Coming into today, shares of the company had gained 0.98% in the past month. In that same time, the Auto-Tires-Trucks sector gained 0.13%, while the S&P 500 gained 3.55%.
Investors will be eagerly watching for the performance of Subaru Corporation in its upcoming earnings disclosure.
Investors should also pay attention to any latest changes in analyst estimates for Subaru Corporation. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 2.47% fall in the Zacks Consensus EPS estimate. Subaru Corporation is currently sporting a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Subaru Corporation has a Forward P/E ratio of 7.16 right now. Its industry sports an average Forward P/E of 5.96, so one might conclude that Subaru Corporation is trading at a premium comparatively.
We can additionally observe that FUJHY currently boasts a PEG ratio of 0.29. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Automotive - Foreign industry was having an average PEG ratio of 0.39.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 91, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Subaru Corporation (FUJHY) Stock Declines While Market Improves: Some Information for Investors
Subaru Corporation (FUJHY - Free Report) closed the latest trading day at $11.30, indicating a -0.09% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.11%. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq decreased by 0.12%.
Coming into today, shares of the company had gained 0.98% in the past month. In that same time, the Auto-Tires-Trucks sector gained 0.13%, while the S&P 500 gained 3.55%.
Investors will be eagerly watching for the performance of Subaru Corporation in its upcoming earnings disclosure.
Investors should also pay attention to any latest changes in analyst estimates for Subaru Corporation. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 2.47% fall in the Zacks Consensus EPS estimate. Subaru Corporation is currently sporting a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Subaru Corporation has a Forward P/E ratio of 7.16 right now. Its industry sports an average Forward P/E of 5.96, so one might conclude that Subaru Corporation is trading at a premium comparatively.
We can additionally observe that FUJHY currently boasts a PEG ratio of 0.29. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Automotive - Foreign industry was having an average PEG ratio of 0.39.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 91, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.