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At the last market close, Subaru Corporation (FUJHY) reached $9. 67, up 1. 9% from the previous day. The stock outperformed the S
The company’s shares are up 5. 56% over the past month, outpacing gains in the Auto-Tires-Trucks sector by 1. 19% and the S
Investors will be eagerly watching for the performance of Subaru Corporation in its upcoming earnings disclosure.
Any recent adjustments to analyst estimates for Subaru Corporation will also need to be reported through investors. These recent adjustments regularly represent a changing landscape of short-term business trends. Therefore, the upward estimate revises analysts’ explicit positivity towards the company’s business operations and its ability to generate profits.
Based on our research, we believe those estimate revisions are directly similar to moves in stocks close to the team. We developed the Zacks Rank to capitalize on this phenomenon. Our formula takes those estimate adjustments into account and provides a transparent and actionable scoring model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there’s been no change in the Zacks Consensus EPS estimate. Subaru Corporation is holding a Zacks Rank of #3 (Hold) right now.
In valuation terms, Subaru Corporation is trading lately with a forward price-to-earnings ratio of 6. 08, indicating a forward P/E for its sector of 6. 82.
It should also be noted that FUJHY has been trading with a PEG ratio of 0. 24 lately. Comparable to the widely accepted P/E ratio, the PEG ratio also takes into account the company’s projected earnings growth. The average PEG ratio of the automotive-foreign industry stood at 0. 38 at the close of trading yesterday.
The automotive industry – foreign is part of the car and truck tire sector. This industry, which recently has a Zacks Industry rating of 64, is in the most sensitive 26% of the more than 250 industries.
The Zacks Industry Rank measures the strength of our express industry teams by calculating the average Zacks Rank of the individual actions incorporated within 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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