FUCHS (OTCMKTS:FUPBY) Issues Earnings Results

FUCHS (OTCMKTS:FUPBY) issued its quarterly earnings results on Friday. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01, Zacks reports. FUCHS had a net margin of 9.04% and a return on equity of 17.40%. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.18 billion.

FUCHS Price Performance

Shares of OTCMKTS FUPBY opened at $12.29 on Friday. FUCHS has a 1-year low of $9.27 and a 1-year high of $12.92. The stock has a fifty day simple moving average of $12.13 and a two-hundred day simple moving average of $11.31. The company has a current ratio of 1.96, a quick ratio of 1.14 and a debt-to-equity ratio of 0.03. The firm has a market cap of $6.44 billion, a price-to-earnings ratio of 15.56, a price-to-earnings-growth ratio of 3.28 and a beta of 0.90.

Wall Street Analyst Weigh In

FUPBY has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of FUCHS in a report on Monday, August 3rd. Kepler Capital Markets upgraded shares of FUCHS from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 3rd. Jefferies Financial Group reiterated a “buy” rating on shares of FUCHS in a report on Friday, August 7th. Finally, Berenberg Bank cut FUCHS from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, FUCHS presently has a consensus rating of “Moderate Buy”.

About FUCHS

FUCHS SE is a Germany-based manufacturer and supplier of specialized lubricants. The company develops, produces and distributes lubricants and related specialty products for industrial, automotive and other commercial applications.

Its product portfolio includes engine and transmission oils, hydraulic and gear oils, metalworking fluids, greases, industrial lubricants, release agents and specialty fluids. These products are used in areas such as automotive manufacturing, mechanical engineering, mining, energy, transportation and other industrial operations.

FUCHS traces its history to 1931, when it was founded in Mannheim, Germany.