H.B. Fuller Co. Sets New 1-Year High at $46.14 (FUL)
H.B. Fuller (NYSE:FUL) set a new 52-week high during trading hours on Monday, Stock Ratings Network.com reports. The company traded as high as $46.14 and last traded at $45.71, with a volume of 163,452 shares. The stock had previously closed at $45.76.
A number of research firms have recently commented on FUL. Analysts at Deutsche Bank downgraded shares of H.B. Fuller from a “buy” rating to a “hold” rating in a research note to investors on Thursday, October 3rd. They now have a $77.00 price target on the stock. They noted that the move was a valuation call. Analysts at Longbow Research downgraded shares of H.B. Fuller from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, August 22nd.
H.B. Fuller has a one year low of $29.43 and a one year high of $46.05. The stock has a 50-day moving average of $40.98 and a 200-day moving average of $39.99. The company has a market cap of $2.288 billion and a price-to-earnings ratio of 23.38.
H.B. Fuller (NYSE:FUL) last announced its earnings results on Thursday, September 26th. The company reported $0.74 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.67 by $0.07. The company had revenue of $514.60 million for the quarter, compared to the consensus estimate of $508.84 million. During the same quarter in the prior year, the company posted $0.53 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. On average, analysts predict that H.B. Fuller will post $2.64 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, October 31st. Investors of record on Thursday, October 17th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Tuesday, October 15th.
H.B. Fuller Company is formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products.
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