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

H.B. Fuller (NYSE:FUL) released its quarterly earnings data on Wednesday. The specialty chemicals company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.05, Zacks reports. H.B. Fuller had a net margin of 3.65% and a return on equity of 12.01%. The company had revenue of $788.66 million during the quarter, compared to the consensus estimate of $769.55 million. During the same period in the previous year, the firm earned $0.67 earnings per share. H.B. Fuller’s revenue for the quarter was down 2.7% on a year-over-year basis. 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 FUL opened at $57.61 on Friday. The stock has a market capitalization of $3.12 billion, a PE ratio of 24.94, a price-to-earnings-growth ratio of 1.13 and a beta of 1.41. The business’s fifty day moving average price is $58.46 and its 200 day moving average price is $68.92. 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 has a 12-month low of $52.59 and a 12-month high of $87.67.

H.B. Fuller Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, February 6th were given 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 currently 38.53%.

Wall Street Analysts Forecast Growth

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

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.