FUCHS (FUPBY) Expected to Announce Quarterly Earnings on Friday

FUCHS (OTCMKTS:FUPBY) is expected to be announcing its results before the market opens on Friday, October 30th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $1.18 billion for the quarter.

FUCHS (OTCMKTS:FUPBY) last released its quarterly earnings data on Friday, July 31st. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. FUCHS had a return on equity of 17.40% and a net margin of 9.04%. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.20 billion. On average, analysts expect FUCHS to post $0.75 EPS for the current fiscal year and $0.76 EPS for the next fiscal year.

FUCHS Stock Performance

Shares of FUPBY stock opened at $12.43 on Thursday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.96 and a quick ratio of 1.14. FUCHS has a fifty-two week low of $9.27 and a fifty-two week high of $12.92. The stock’s 50-day moving average is $12.10 and its two-hundred day moving average is $11.30. The firm has a market cap of $6.51 billion, a P/E ratio of 16.57, a PEG ratio of 3.36 and a beta of 0.90.

Analysts Set New Price Targets

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

FUCHS Company Profile

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.