Somewhat Positive News Coverage Somewhat Unlikely to Affect HB Fuller (FUL) Stock Price
Media coverage about HB Fuller (NYSE:FUL) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. HB Fuller earned a media sentiment score of 0.01 on Accern’s scale. Accern also gave news stories about the specialty chemicals company an impact score of 45.4738133354882 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
NYSE:FUL opened at $57.58 on Friday. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.46 and a current ratio of 2.24. HB Fuller has a 12 month low of $46.62 and a 12 month high of $58.74. The stock has a market capitalization of $2.87 billion, a price-to-earnings ratio of 23.03, a P/E/G ratio of 0.92 and a beta of 1.52.
HB Fuller (NYSE:FUL) last released its quarterly earnings data on Wednesday, June 27th. The specialty chemicals company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.86 by $0.03. HB Fuller had a return on equity of 12.66% and a net margin of 4.00%. The company had revenue of $789.39 million for the quarter, compared to analyst estimates of $808.06 million. equities research analysts anticipate that HB Fuller will post 3.23 EPS for the current fiscal year.
A number of brokerages recently weighed in on FUL. Berenberg Bank began coverage on HB Fuller in a report on Thursday, July 12th. They issued a “buy” rating and a $65.00 target price on the stock. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a $57.00 target price on shares of HB Fuller in a report on Thursday, July 5th. Finally, TheStreet upgraded HB Fuller from a “c+” rating to a “b” rating in a report on Monday, April 30th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $60.63.
In other news, VP Steven Kenny sold 2,200 shares of HB Fuller stock in a transaction dated Monday, July 30th. The stock was sold at an average price of $56.19, for a total transaction of $123,618.00. Following the sale, the vice president now directly owns 30,173 shares of the company’s stock, valued at $1,695,420.87. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Sant R. William Van sold 5,500 shares of HB Fuller stock in a transaction dated Friday, June 29th. The stock was sold at an average price of $54.12, for a total value of $297,660.00. Following the sale, the director now directly owns 17,665 shares in the company, valued at $956,029.80. The disclosure for this sale can be found here. Insiders sold 12,208 shares of company stock worth $680,263 over the last three months. 3.46% of the stock is currently owned by corporate insiders.
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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