Brokers Issue Forecasts for HB Fuller Co’s Q1 2019 Earnings (FUL)

HB Fuller Co (NYSE:FUL) – Research analysts at KeyCorp issued their Q1 2019 EPS estimates for shares of HB Fuller in a report released on Monday, January 21st. KeyCorp analyst M. Sison forecasts that the specialty chemicals company will post earnings per share of $0.30 for the quarter. KeyCorp also issued estimates for HB Fuller’s Q2 2019 earnings at $0.85 EPS, Q3 2019 earnings at $0.99 EPS and Q4 2019 earnings at $1.05 EPS.

HB Fuller (NYSE:FUL) last announced its quarterly earnings data on Wednesday, January 16th. The specialty chemicals company reported $0.90 EPS for the quarter, missing the Zacks’ consensus estimate of $0.99 by ($0.09). HB Fuller had a net margin of 5.63% and a return on equity of 13.85%. The company had revenue of $768.43 million for the quarter, compared to analysts’ expectations of $806.99 million. The firm’s revenue was up 13.3% compared to the same quarter last year.

Several other research firms also recently commented on FUL. Deutsche Bank decreased their target price on shares of HB Fuller from $62.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, September 28th. Robert W. Baird decreased their target price on shares of HB Fuller from $60.00 to $55.00 and set a “neutral” rating for the company in a research report on Friday, September 28th. ValuEngine downgraded shares of HB Fuller from a “hold” rating to a “sell” rating in a research report on Friday, September 28th. Zacks Investment Research raised shares of HB Fuller from a “sell” rating to a “hold” rating in a research report on Monday, October 8th. Finally, Stifel Nicolaus assumed coverage on shares of HB Fuller in a research report on Monday, December 10th. They issued a “buy” rating and a $62.00 target price for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $61.11.

Shares of FUL opened at $46.18 on Wednesday. HB Fuller has a 52 week low of $39.61 and a 52 week high of $59.58. The company has a market cap of $2.31 billion, a P/E ratio of 15.18, a P/E/G ratio of 0.73 and a beta of 1.41. The company has a current ratio of 2.25, a quick ratio of 1.48 and a debt-to-equity ratio of 2.03.

In other HB Fuller news, VP Traci L. Jensen sold 4,129 shares of the business’s stock in a transaction that occurred on Tuesday, November 13th. The shares were sold at an average price of $46.01, for a total value of $189,975.29. Following the completion of the sale, the vice president now directly owns 20,997 shares of the company’s stock, valued at $966,071.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.46% of the company’s stock.

Several institutional investors have recently modified their holdings of FUL. Deutsche Bank AG lifted its stake in shares of HB Fuller by 82.0% in the third quarter. Deutsche Bank AG now owns 299,994 shares of the specialty chemicals company’s stock worth $15,499,000 after buying an additional 135,205 shares during the last quarter. BlackRock Inc. lifted its stake in shares of HB Fuller by 1.7% in the third quarter. BlackRock Inc. now owns 7,358,910 shares of the specialty chemicals company’s stock worth $380,236,000 after buying an additional 125,534 shares during the last quarter. Channing Capital Management LLC lifted its stake in shares of HB Fuller by 8.4% in the third quarter. Channing Capital Management LLC now owns 1,144,579 shares of the specialty chemicals company’s stock worth $59,140,000 after buying an additional 88,582 shares during the last quarter. Vanguard Group Inc lifted its stake in shares of HB Fuller by 1.6% in the third quarter. Vanguard Group Inc now owns 5,564,063 shares of the specialty chemicals company’s stock worth $287,495,000 after buying an additional 87,901 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of HB Fuller by 1.6% in the third quarter. Vanguard Group Inc. now owns 5,564,063 shares of the specialty chemicals company’s stock worth $287,495,000 after buying an additional 87,901 shares during the last quarter. Institutional investors and hedge funds own 98.38% of the company’s stock.

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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Earnings History and Estimates for HB Fuller (NYSE:FUL)

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