HB Fuller (FUL) Issues Earnings Results
HB Fuller (NYSE:FUL) released its quarterly earnings data on Wednesday. The specialty chemicals company reported $0.86 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.04), MarketWatch Earnings reports. HB Fuller had a net margin of 4.00% and a return on equity of 12.66%.
NYSE:FUL opened at $56.94 on Thursday. HB Fuller has a 1 year low of $46.62 and a 1 year high of $59.58. The company has a debt-to-equity ratio of 2.07, a current ratio of 2.24 and a quick ratio of 1.46. The company has a market capitalization of $2.90 billion, a PE ratio of 22.78, a PEG ratio of 0.93 and a beta of 1.48.
FUL has been the subject of a number of research analyst reports. Zacks Investment Research cut shares of HB Fuller from a “buy” rating to a “hold” rating in a research note on Monday, September 3rd. Berenberg Bank initiated coverage on shares of HB Fuller in a research note on Thursday, July 12th. They issued a “buy” rating and a $65.00 target price for the company. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a $57.00 target price on shares of HB Fuller in a research note on Thursday, July 5th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. HB Fuller currently has a consensus rating of “Buy” and a consensus price target of $61.13.
About HB Fuller
H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, and other specialty chemical products worldwide. The company operates through six segments: Americas Adhesives; EIMEA (Europe, India, Middle East and Africa); Asia Pacific; Construction Products; Engineering Adhesives; and Royal Adhesives.
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