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The recent high trading query ended with Subaru Corporation (FUJHY) at $8. 98, reflecting a -0. 97% deviation from the close of the last trading day. Inventory lagged behind the S
The company’s shares are up 3. 52% over the past month, outpacing the 3. 47% gain in the car and truck tire sector and behind the 4% gain in the S.
Market participants will be closely following the financial results of Subaru Corporation in its upcoming release.
Any recent adjustments to analyst estimates for Subaru Corporation should also be noticed through investors. These recent adjustments regularly signify a changing landscape of short-term business trends. Therefore, the positive revisions to the estimates reflect analysts’ confidence in the company’s functionality and business benefit. potential.
Our studies show that such estimate changes are related to close percentage value performance. We developed the Zacks Rank to capitalize on this phenomenon. Our formula takes these estimate changes into account and provides a transparent and actionable scoring model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Subaru Corporation currently has a Zacks Rank of #3 (Hold).
Valuation is also important, which is why investors are seeing that Subaru Corporation has a forward P/E ratio of 5. 81 lately, which means a reduction from the average forward P/E of 6. 56 for its industry.
Investors should also note that FUJHY has a PEG ratio of 0.23 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company’s expected earnings growth trajectory. As the market closed yesterday, the Automotive – Foreign industry was having an average PEG ratio of 0.38.
The Automotive – Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 65, putting it in the top 26% of all 250+ industries.
The Zacks Industry Rank measures the strength of our various industrial teams by calculating the average Zacks Rank of the individual stocks that make up the teams. Our studies show that the top 50% of industries outperform the bottom by a ratio of 2 to 1.
Be sure to use Zacks. com to monitor all those metrics that influence the stock, and much more, in the upcoming trading sessions.
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Subaru Corporation (FUJHY): Free Stock Analysis Report
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