HB Fuller (NYSE:FUL) announced its quarterly earnings data on Wednesday. The specialty chemicals company reported $0.86 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by ($0.04), MarketWatch Earnings reports. HB Fuller had a return on equity of 12.66% and a net margin of 4.00%.
NYSE FUL opened at $56.94 on Thursday. HB Fuller has a fifty-two week low of $46.62 and a fifty-two week high of $59.58. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.46 and a current ratio of 2.24. The stock has a market cap of $2.90 billion, a price-to-earnings ratio of 22.78, a P/E/G ratio of 0.93 and a beta of 1.48.
Several brokerages recently issued reports on FUL. Zacks Investment Research upgraded HB Fuller from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a report on Wednesday, August 29th. Berenberg Bank began coverage on HB Fuller in a report on Thursday, July 12th. They set a “buy” rating and a $65.00 price objective for the company. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and set a $57.00 price objective on shares of HB Fuller in a report on Thursday, July 5th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $61.13.
HB Fuller Company Profile
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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