H.B. Fuller (NYSE:FUL) Releases Earnings Results

H.B. Fuller (NYSE:FUL - Get Free Report) released its earnings results on Wednesday. The specialty chemicals company reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.49 by $0.05, Zacks reports. H.B. Fuller had a return on equity of 12.01% and a net margin of 3.65%. The firm had revenue of $788.66 million for the quarter, compared to analyst estimates of $769.55 million. During the same period in the previous year, the company earned $0.67 earnings per share. H.B. Fuller's revenue was down 2.7% compared to the same quarter last year. H.B. Fuller updated its FY25 guidance to $3.90-4.20 EPS and its FY 2025 guidance to 3.900-4.200 EPS.

H.B. Fuller Stock Down 5.0 %

Shares of FUL traded down $2.85 during mid-day trading on Friday, reaching $54.76. The company's stock had a trading volume of 825,133 shares, compared to its average volume of 355,714. The company has a market cap of $2.97 billion, a price-to-earnings ratio of 23.70, a price-to-earnings-growth ratio of 1.13 and a beta of 1.41. The business has a fifty day moving average of $58.31 and a 200 day moving average of $68.61. The company has a quick ratio of 1.16, a current ratio of 1.81 and a debt-to-equity ratio of 1.10. H.B. Fuller has a 1 year low of $52.59 and a 1 year high of $87.67.

H.B. Fuller Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th were given a dividend of $0.2225 per share. This represents a $0.89 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend was Thursday, February 6th. H.B. Fuller's payout ratio is 44.50%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on FUL. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of H.B. Fuller from $75.00 to $72.00 and set a "buy" rating for the company in a research report on Wednesday, January 22nd. Vertical Research cut shares of H.B. Fuller from a "buy" rating to a "hold" rating in a report on Monday, January 6th. JPMorgan Chase & Co. dropped their price target on H.B. Fuller from $60.00 to $50.00 and set an "underweight" rating on the stock in a report on Friday. Seaport Res Ptn downgraded H.B. Fuller from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Finally, Citigroup decreased their target price on H.B. Fuller from $78.00 to $68.00 and set a "neutral" rating on the stock in a report on Friday, January 3rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $70.00.

H.B. Fuller Company Profile

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.