H.B. Fuller (NYSE:FUL) Releases Earnings Results, Beats Expectations By $0.05 EPS

H.B. Fuller (NYSE:FUL) released its quarterly earnings results on Wednesday. The specialty chemicals company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.49 by $0.05, Zacks reports. The firm had revenue of $788.66 million for the quarter, compared to analyst estimates of $769.55 million. H.B. Fuller had a return on equity of 12.01% and a net margin of 3.65%. H.B. Fuller’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.67 EPS. 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 Performance

Shares of NYSE FUL opened at $54.46 on Thursday. The stock has a market capitalization of $2.95 billion, a P/E ratio of 23.57, a P/E/G ratio of 1.13 and a beta of 1.41. The firm’s 50-day moving average price is $58.55 and its two-hundred day moving average price is $69.00. H.B. Fuller has a 52-week low of $52.59 and a 52-week high of $87.67. 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, February 6th were paid a dividend of $0.2225 per share. The ex-dividend date was Thursday, February 6th. This represents a $0.89 annualized dividend and a yield of 1.63%. H.B. Fuller’s dividend payout ratio (DPR) is 38.53%.

Analyst Ratings Changes

A number of research analysts have recently commented on FUL shares. Deutsche Bank Aktiengesellschaft reduced their target price on shares of H.B. Fuller from $75.00 to $72.00 and set a “buy” rating on the stock in a research report on Wednesday, January 22nd. Seaport Res Ptn lowered H.B. Fuller from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. JPMorgan Chase & Co. dropped their price objective on H.B. Fuller from $70.00 to $60.00 and set an “underweight” rating on the stock in a report on Friday, January 17th. Vertical Research lowered shares of H.B. Fuller from a “buy” rating to a “hold” rating in a research note on Monday, January 6th. Finally, Citigroup lowered their price objective on H.B. Fuller from $78.00 to $68.00 and set a “neutral” rating for the company in a report on Friday, January 3rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $72.50.

About H.B. Fuller

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.