H.B. Fuller (NYSE:FUL) issued its earnings results on Sunday. The specialty chemicals company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.20, MarketWatch Earnings reports. The company had revenue of $777.64 million for the quarter, compared to the consensus estimate of $735.55 million. H.B. Fuller had a return on equity of 11.18% and a net margin of 4.19%. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the company earned $0.88 EPS.
Shares of H.B. Fuller stock traded up $1.45 on Tuesday, reaching $52.20. The company had a trading volume of 45,285 shares, compared to its average volume of 506,456. The firm has a market cap of $2.70 billion, a price-to-earnings ratio of 23.07, a P/E/G ratio of 2.10 and a beta of 1.72. The company has a debt-to-equity ratio of 1.41, a current ratio of 2.17 and a quick ratio of 1.39. The firm’s 50-day moving average price is $53.22 and its two-hundred day moving average price is $49.78. H.B. Fuller has a 1 year low of $23.68 and a 1 year high of $57.68.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 18th. Shareholders of record on Thursday, February 4th will be paid a $0.1625 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Wednesday, February 3rd. H.B. Fuller’s payout ratio is 21.96%.
FUL has been the topic of several recent analyst reports. Robert W. Baird raised H.B. Fuller from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $55.00 to $65.00 in a research note on Monday, January 4th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised H.B. Fuller from a “neutral” rating to a “buy” rating and lifted their target price for the company from $50.00 to $61.00 in a research note on Friday, December 18th. Smith Barney Citigroup reiterated a “neutral” rating on shares of H.B. Fuller in a research note on Friday, December 18th. Finally, Zacks Investment Research downgraded H.B. Fuller from a “buy” rating to a “hold” rating in a research note on Tuesday, January 12th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $52.86.
H.B. Fuller Company Profile
H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products worldwide. The company operates through five segments: Americas Adhesives, EIMEA, Asia Pacific, Construction Adhesives, and Engineering Adhesives.
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