FUCHS (OTCMKTS:FUPBY) Stock Bumped Down to Hold by Jefferies Financial Group

Jefferies Financial Group lowered shares of FUCHS (OTCMKTS:FUPBY) from a strong-buy rating to a hold rating in a report released on Monday morning,Zacks reports.

Several other research analysts also recently issued reports on the company. Berenberg Bank downgraded FUCHS from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of FUCHS in a report on Monday, August 3rd. Finally, Kepler Capital Markets raised FUCHS from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

FUCHS Price Performance

Shares of OTCMKTS FUPBY opened at $12.08 on Monday. The stock has a market cap of $6.33 billion, a price-to-earnings ratio of 15.29, a PEG ratio of 3.12 and a beta of 0.91. FUCHS has a 52 week low of $9.27 and a 52 week high of $12.92. The company’s 50-day moving average price is $12.14 and its 200 day moving average price is $11.32. The company has a current ratio of 1.96, a quick ratio of 1.14 and a debt-to-equity ratio of 0.03.

FUCHS (OTCMKTS:FUPBY) last announced its earnings results on Friday, October 30th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. FUCHS had a net margin of 9.00% and a return on equity of 18.03%. The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.18 billion. As a group, research analysts forecast that FUCHS will post 0.75 earnings per share for the current fiscal year.

FUCHS Company Profile

FUCHS SE is a Germany-based manufacturer and supplier of specialized lubricants. The company develops, produces and distributes lubricants and related specialty products for industrial, automotive and other commercial applications.

Its product portfolio includes engine and transmission oils, hydraulic and gear oils, metalworking fluids, greases, industrial lubricants, release agents and specialty fluids. These products are used in areas such as automotive manufacturing, mechanical engineering, mining, energy, transportation and other industrial operations.

FUCHS traces its history to 1931, when it was founded in Mannheim, Germany.