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

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

FUL stock opened at $57.61 on Friday. The firm has a 50-day moving average of $58.46 and a two-hundred day moving average of $68.92. The firm has a market capitalization of $3.12 billion, a PE ratio of 24.94, a P/E/G ratio of 1.13 and a beta of 1.41. The company has a current ratio of 1.81, a quick ratio of 1.16 and a debt-to-equity ratio of 1.10. H.B. Fuller has a one year low of $52.59 and a one year high of $87.67.

H.B. Fuller Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were issued a dividend of $0.2225 per share. This represents a $0.89 annualized dividend and a dividend yield of 1.54%. The ex-dividend date was Thursday, February 6th. H.B. Fuller’s dividend payout ratio is 38.53%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft lowered their price target 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. JPMorgan Chase & Co. cut their price target 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 H.B. Fuller from a “buy” rating to a “hold” rating in a report on Monday, January 6th. Seaport Res Ptn cut H.B. Fuller from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Finally, Citigroup reduced their price objective on shares of 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 research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target 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.