According to Zacks, “H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives, sealants and other specialty chemical products to improve products and lives. H.B. Fuller’s commitment to innovation brings together people, products and processes that answer and solve some of the world’s biggest challenges. H.B. Fuller adhesives products used in manufacturing common consumer and industrial goods, including food and beverage containers, disposable diapers, windows, doors, flooring, appliances, sportswear, footwear, multi-wall bags, water filtration products, insulation, textiles, automotives, solar energy systems and electronics. H.B. Fuller also provides customers with technical support and unique solutions designed to address their specific needs. H.B. Fuller has established a variety of product offerings for residential construction markets, such as tile-setting adhesives, grout, sealants and related products. “
FUL has been the topic of several other research reports. Seaport Global Securities restated a “buy” rating on shares of HB Fuller in a research note on Tuesday, January 21st. Stifel Nicolaus lowered their target price on shares of HB Fuller from $57.00 to $51.00 and set a “buy” rating on the stock in a research note on Tuesday. ValuEngine upgraded shares of HB Fuller from a “sell” rating to a “hold” rating in a research note on Tuesday, December 24th. Deutsche Bank upped their target price on shares of HB Fuller from $50.00 to $52.00 and gave the company a “hold” rating in a research note on Friday, January 24th. Finally, TheStreet cut shares of HB Fuller from a “b-” rating to a “c+” rating in a research note on Thursday, March 5th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $52.33.
FUL opened at $28.36 on Wednesday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.28 and a current ratio of 1.91. The stock has a market capitalization of $1.39 billion, a P/E ratio of 11.25, a P/E/G ratio of 0.88 and a beta of 1.58. The company’s 50-day simple moving average is $39.25 and its two-hundred day simple moving average is $46.58. HB Fuller has a 52-week low of $23.68 and a 52-week high of $52.40.
HB Fuller (NYSE:FUL) last posted its earnings results on Wednesday, March 25th. The specialty chemicals company reported $0.34 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.34. The business had revenue of $647.00 million for the quarter, compared to analysts’ expectations of $653.02 million. HB Fuller had a net margin of 4.52% and a return on equity of 12.98%. The business’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.34 EPS. Research analysts forecast that HB Fuller will post 3.26 EPS for the current fiscal year.
In other news, VP Timothy J. Keenan sold 4,068 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $48.74, for a total value of $198,274.32. Following the transaction, the vice president now owns 22,472 shares in the company, valued at approximately $1,095,285.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Traci L. Jensen sold 9,255 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $47.67, for a total transaction of $441,185.85. Following the completion of the transaction, the vice president now owns 15,706 shares in the company, valued at approximately $748,705.02. The disclosure for this sale can be found here. 3.46% of the stock is owned by corporate insiders.
Large investors have recently modified their holdings of the company. Chevy Chase Trust Holdings Inc. purchased a new stake in HB Fuller in the 4th quarter worth approximately $27,000. JFS Wealth Advisors LLC purchased a new stake in HB Fuller in the 4th quarter worth approximately $29,000. FMR LLC increased its holdings in HB Fuller by 37.1% in the 4th quarter. FMR LLC now owns 1,005 shares of the specialty chemicals company’s stock worth $52,000 after acquiring an additional 272 shares in the last quarter. Americana Partners LLC purchased a new stake in HB Fuller in the 4th quarter worth approximately $59,000. Finally, Ladenburg Thalmann Financial Services Inc. increased its holdings in HB Fuller by 121.0% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,737 shares of the specialty chemicals company’s stock worth $90,000 after acquiring an additional 951 shares in the last quarter. Hedge funds and other institutional investors own 98.42% of the company’s stock.
HB Fuller Company Profile
H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, and other specialty chemical products worldwide. The company operates through five segments: Americas Adhesives, EIMEA, Asia Pacific, Construction Adhesives, and Engineering Adhesives.
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