H.B. Fuller (NYSE:FUL) Releases FY 2024 Earnings Guidance

H.B. Fuller (NYSE:FUL) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 3.840-3.840 for the period, compared to the consensus EPS estimate of 4.160. The company issued revenue guidance of $3.6 billion-$3.6 billion, compared to the consensus revenue estimate of $3.6 billion.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on FUL shares. StockNews.com downgraded H.B. Fuller from a “buy” rating to a “hold” rating in a research report on Wednesday, September 18th. Citigroup cut their price objective on H.B. Fuller from $85.00 to $78.00 and set a “neutral” rating for the company in a research report on Wednesday, December 18th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, H.B. Fuller has an average rating of “Hold” and an average price target of $92.75.

H.B. Fuller Price Performance

NYSE:FUL opened at $62.39 on Friday. The company has a fifty day moving average price of $73.57 and a 200 day moving average price of $77.91. H.B. Fuller has a one year low of $61.71 and a one year high of $87.67. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.16. The stock has a market cap of $3.41 billion, a P/E ratio of 19.26, a PEG ratio of 1.24 and a beta of 1.41.

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. It operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.