H. B. Fuller Company (NYSE:FUL) – Equities research analysts at Gabelli decreased their FY2018 EPS estimates for H. B. Fuller Company in a research report issued on Monday. Gabelli analyst R. Morbelli now expects that the specialty chemicals company will earn $2.95 per share for the year, down from their prior estimate of $3.00. Gabelli also issued estimates for H. B. Fuller Company’s FY2020 earnings at $3.90 EPS.

H. B. Fuller Company (NYSE:FUL) last issued its quarterly earnings data on Wednesday, June 28th. The specialty chemicals company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.67 by $0.05. H. B. Fuller Company had a return on equity of 13.32% and a net margin of 5.23%. The business had revenue of $561.65 million during the quarter. During the same period last year, the business earned $0.67 EPS. ILLEGAL ACTIVITY NOTICE: This article was originally posted by Watch List News and is owned by of Watch List News. If you are viewing this article on another site, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this article can be viewed at https://www.watchlistnews.com/h-b-fuller-company-forecasted-to-post-fy2018-earnings-of-2-95-per-share-ful/1433153.html.

A number of other research analysts have also recently commented on the stock. Zacks Investment Research upgraded shares of H. B. Fuller Company from a “sell” rating to a “buy” rating and set a $57.00 price target on the stock in a research report on Monday, March 27th. BidaskClub upgraded shares of H. B. Fuller Company from a “hold” rating to a “buy” rating in a report on Saturday, June 10th. Finally, Citigroup Inc. raised their price target on H. B. Fuller Company from $55.00 to $59.00 and gave the stock a “buy” rating in a research note on Tuesday, April 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $52.40.

H. B. Fuller Company (FUL) traded up 1.64% during trading on Tuesday, reaching $51.41. 104,231 shares of the company’s stock traded hands. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 23.50 and a beta of 1.68. H. B. Fuller Company has a 52-week low of $41.52 and a 52-week high of $54.32. The company’s 50 day moving average is $51.67 and its 200-day moving average is $50.57.

In other news, VP David W. Moorman sold 1,683 shares of the company’s stock in a transaction that occurred on Monday, May 1st. The stock was sold at an average price of $52.76, for a total transaction of $88,795.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.10% of the stock is currently owned by insiders.

Several hedge funds have recently modified their holdings of FUL. Diversified Trust Co purchased a new stake in shares of H. B. Fuller Company during the first quarter valued at about $247,000. State of Alaska Department of Revenue boosted its stake in shares of H. B. Fuller Company by 2.4% in the first quarter. State of Alaska Department of Revenue now owns 5,570 shares of the specialty chemicals company’s stock valued at $287,000 after buying an additional 130 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of H. B. Fuller Company by 6.7% in the first quarter. Nisa Investment Advisors LLC now owns 20,320 shares of the specialty chemicals company’s stock valued at $1,048,000 after buying an additional 1,270 shares during the period. Perkins Capital Management Inc. boosted its stake in shares of H. B. Fuller Company by 5.3% in the first quarter. Perkins Capital Management Inc. now owns 19,800 shares of the specialty chemicals company’s stock valued at $1,021,000 after buying an additional 1,000 shares during the period. Finally, Louisiana State Employees Retirement System boosted its stake in shares of H. B. Fuller Company by 1.5% in the first quarter. Louisiana State Employees Retirement System now owns 20,500 shares of the specialty chemicals company’s stock valued at $1,057,000 after buying an additional 300 shares during the period. 93.50% of the stock is currently owned by institutional investors and hedge funds.

H. B. Fuller Company Company Profile

H.B. Fuller Company is a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. The Company’s segments include Americas Adhesives, Europe, India, Middle East and Africa (EIMEA), Asia Pacific, Construction Products and Engineering Adhesives. The Americas Adhesives, EIMEA and Asia Pacific operating segments produce and supply industrial adhesives products for applications in various markets, including durable assembly, nonwoven and hygiene, and textile.

Earnings History and Estimates for H. B. Fuller Company (NYSE:FUL)

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