FUCHS (OTCMKTS:FUPBY) Announces Quarterly Earnings Results

FUCHS (OTCMKTS:FUPBY) issued its quarterly earnings results on Friday. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02, Zacks reports. FUCHS had a return on equity of 16.57% and a net margin of 8.91%.

FUCHS Price Performance

FUPBY stock traded down $0.39 during trading on Friday, reaching $11.53. The company’s stock had a trading volume of 4,563 shares, compared to its average volume of 26,078. The company has a quick ratio of 1.37, a current ratio of 2.32 and a debt-to-equity ratio of 0.03. FUCHS has a 1 year low of $9.27 and a 1 year high of $12.44. The company’s fifty day moving average is $11.24 and its 200-day moving average is $10.99. The company has a market capitalization of $6.04 billion, a P/E ratio of 16.47, a price-to-earnings-growth ratio of 2.98 and a beta of 0.93.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on FUPBY shares. DZ Bank raised FUCHS from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of FUCHS in a report on Tuesday, July 7th. Finally, Berenberg Bank downgraded shares of FUCHS from a “strong-buy” rating to a “hold” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

About FUCHS

FUCHS Petrolub SE, traded over the counter under the symbol FUPBY, is a German-based manufacturer specialized in the development, production and marketing of lubricants and related specialty products. Founded in 1931 by Rudolf Fuchs and headquartered in Mannheim, Germany, the company has grown to become the world’s largest independent supplier of lubricants, serving a broad spectrum of industries from automotive and metalworking to mining and renewable energy.

The company’s product portfolio encompasses engine oils, industrial lubricants, greases, hydraulic fluids, metalworking fluids and process oils, as well as tailor-made solutions for customers’ specific requirements.