FUCHS (OTCMKTS:FUPBY) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS

FUCHS (OTCMKTS:FUPBY) issued its earnings results on Wednesday. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.03, Zacks reports. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. FUCHS had a net margin of 8.91% and a return on equity of 16.57%.

FUCHS Price Performance

Shares of OTCMKTS FUPBY traded down $0.17 on Friday, hitting $11.82. The company’s stock had a trading volume of 987 shares, compared to its average volume of 35,598. FUCHS has a 12-month low of $9.27 and a 12-month high of $14.31. The company has a market capitalization of $6.19 billion, a price-to-earnings ratio of 16.88, a price-to-earnings-growth ratio of 2.63 and a beta of 0.94. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.32 and a quick ratio of 1.37. The stock has a 50 day moving average of $10.61 and a 200-day moving average of $11.00.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on FUPBY. Kepler Capital Markets downgraded shares of FUCHS from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of FUCHS in a report on Tuesday, January 6th. Finally, DZ Bank raised shares of FUCHS from a “strong sell” rating to a “hold” rating in a report on Friday, April 17th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

FUCHS Company Profile

FUCHS Petrolub SE, traded over the counter under the symbol FUPBY, is a German-based manufacturer specialized in the development, production and marketing of lubricants and related specialty products. Founded in 1931 by Rudolf Fuchs and headquartered in Mannheim, Germany, the company has grown to become the world’s largest independent supplier of lubricants, serving a broad spectrum of industries from automotive and metalworking to mining and renewable energy.

The company’s product portfolio encompasses engine oils, industrial lubricants, greases, hydraulic fluids, metalworking fluids and process oils, as well as tailor-made solutions for customers’ specific requirements.