H.B. Fuller (NYSE:FUL) Given Consensus Rating of “Reduce” by Analysts

H.B. Fuller (NYSE:FULGet Free Report) has earned a consensus recommendation of “Reduce” from the four analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $76.50.

Several equities analysts have recently issued reports on the company. Vertical Research cut H.B. Fuller from a “buy” rating to a “hold” rating in a research note on Monday, January 6th. JPMorgan Chase & Co. decreased their price objective on shares of H.B. Fuller from $70.00 to $60.00 and set an “underweight” rating for the company in a report on Friday, January 17th. Finally, Citigroup cut their target price on shares of H.B. Fuller from $78.00 to $68.00 and set a “neutral” rating on the stock in a research note on Friday, January 3rd.

Check Out Our Latest Report on H.B. Fuller

H.B. Fuller Stock Up 0.5 %

Shares of NYSE FUL opened at $62.38 on Friday. The stock has a market capitalization of $3.41 billion, a P/E ratio of 27.00, a PEG ratio of 1.64 and a beta of 1.43. H.B. Fuller has a one year low of $60.96 and a one year high of $87.67. The firm’s 50 day simple moving average is $70.24 and its two-hundred day simple moving average is $76.60. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.81 and a quick ratio of 1.16.

H.B. Fuller (NYSE:FULGet Free Report) last released its earnings results on Wednesday, January 15th. The specialty chemicals company reported $0.92 earnings per share for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.08). H.B. Fuller had a net margin of 3.65% and a return on equity of 12.01%. The company had revenue of $923.00 million during the quarter, compared to the consensus estimate of $916.84 million. During the same period last year, the firm posted $1.32 EPS. The company’s revenue was up 2.2% on a year-over-year basis. As a group, analysts expect that H.B. Fuller will post 3.99 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FUL. S&CO Inc. increased its position in shares of H.B. Fuller by 0.3% during the third quarter. S&CO Inc. now owns 267,192 shares of the specialty chemicals company’s stock valued at $21,209,000 after acquiring an additional 920 shares in the last quarter. Wesbanco Bank Inc. raised its stake in shares of H.B. Fuller by 41.2% in the fourth quarter. Wesbanco Bank Inc. now owns 13,700 shares of the specialty chemicals company’s stock worth $924,000 after purchasing an additional 4,000 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of H.B. Fuller by 1.5% during the third quarter. Geode Capital Management LLC now owns 1,258,752 shares of the specialty chemicals company’s stock valued at $99,939,000 after purchasing an additional 18,734 shares in the last quarter. Marshall Wace LLP boosted its position in shares of H.B. Fuller by 9.9% during the second quarter. Marshall Wace LLP now owns 290,005 shares of the specialty chemicals company’s stock valued at $22,319,000 after buying an additional 26,239 shares during the last quarter. Finally, Lord Abbett & CO. LLC increased its holdings in H.B. Fuller by 79.8% in the 3rd quarter. Lord Abbett & CO. LLC now owns 730,058 shares of the specialty chemicals company’s stock worth $57,952,000 after buying an additional 324,056 shares in the last quarter. Institutional investors own 95.93% of the company’s stock.

H.B. Fuller Company Profile

(Get Free Report

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. It operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.

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