HB Fuller (NYSE:FUL) released its earnings results on Wednesday. The specialty chemicals company reported $0.89 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.03, Bloomberg Earnings reports. HB Fuller had a net margin of 3.62% and a return on equity of 11.69%.
HB Fuller opened at $53.65 on Friday, MarketBeat.com reports. The company has a current ratio of 2.14, a quick ratio of 1.35 and a debt-to-equity ratio of 2.08. HB Fuller has a one year low of $46.62 and a one year high of $58.74. The firm has a market capitalization of $2.79 billion, a PE ratio of 21.46, a P/E/G ratio of 1.11 and a beta of 1.54.
In other HB Fuller news, CFO John J. Corkrean acquired 3,200 shares of HB Fuller stock in a transaction dated Thursday, April 19th. The stock was bought at an average cost of $52.15 per share, for a total transaction of $166,880.00. Following the purchase, the chief financial officer now directly owns 8,247 shares in the company, valued at approximately $430,081.05. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 3.46% of the stock is currently owned by corporate insiders.
Several research firms have recently commented on FUL. TheStreet upgraded shares of HB Fuller from a “c+” rating to a “b” rating in a research note on Monday, April 30th. Robert W. Baird restated a “hold” rating and set a $54.00 price objective on shares of HB Fuller in a research note on Monday, April 2nd. Finally, Zacks Investment Research lowered shares of HB Fuller from a “buy” rating to a “hold” rating in a research note on Tuesday, March 20th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $60.50.
About HB Fuller
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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