Shares of HB Fuller Co (NYSE:FUL) have earned a consensus rating of “Hold” from the eleven analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $60.40.
A number of equities analysts recently weighed in on FUL shares. TheStreet lowered shares of HB Fuller from a “b” rating to a “c+” rating in a research note on Monday, February 26th. Seaport Global Securities raised shares of HB Fuller from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $63.00 to $66.00 in a research report on Thursday, January 25th. Zacks Investment Research cut shares of HB Fuller from a “buy” rating to a “hold” rating in a research report on Tuesday, March 20th. Citigroup boosted their price target on shares of HB Fuller from $57.50 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, January 25th. Finally, JPMorgan Chase raised shares of HB Fuller from a “neutral” rating to an “overweight” rating in a research report on Friday, February 9th.
Shares of NYSE FUL opened at $48.74 on Friday. The firm has a market capitalization of $2,524.35, a P/E ratio of 19.50, a P/E/G ratio of 1.00 and a beta of 1.55. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.14 and a quick ratio of 1.56. HB Fuller has a 1-year low of $46.62 and a 1-year high of $58.74.
HB Fuller (NYSE:FUL) last announced its earnings results on Wednesday, March 28th. The specialty chemicals company reported $0.35 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.01. The firm had revenue of $713.08 million during the quarter, compared to analyst estimates of $663.98 million. HB Fuller had a net margin of 3.62% and a return on equity of 11.69%. sell-side analysts expect that HB Fuller will post 3.22 earnings per share for the current year.
Large investors have recently modified their holdings of the business. Zions Bancorporation bought a new stake in HB Fuller during the 3rd quarter worth about $156,000. Koch Industries Inc. bought a new stake in HB Fuller during the 4th quarter worth about $205,000. Capital Fund Management S.A. bought a new stake in HB Fuller during the 4th quarter worth about $242,000. PEAK6 Investments L.P. bought a new stake in HB Fuller during the 4th quarter worth about $243,000. Finally, Fox Run Management L.L.C. bought a new stake in HB Fuller during the 4th quarter worth about $248,000. 93.78% of the stock is currently owned by hedge funds and other institutional investors.
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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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