H.B. Fuller (NYSE:FUL) Issues FY25 Earnings Guidance

H.B. Fuller (NYSE:FUL) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $3.90-4.20 for the period, compared to the consensus estimate of $3.97. The company issued revenue guidance of $3.43-3.50 billion, compared to the consensus revenue estimate of $3.46 billion.

H.B. Fuller Stock Performance

FUL stock traded up $0.63 during mid-day trading on Wednesday, hitting $54.46. 683,795 shares of the company were exchanged, compared to its average volume of 335,066. H.B. Fuller has a 1-year low of $52.59 and a 1-year high of $87.67. The stock has a market capitalization of $2.95 billion, a PE ratio of 23.57, a price-to-earnings-growth ratio of 1.13 and a beta of 1.41. The business has a 50 day simple moving average of $58.75 and a 200-day simple moving average of $69.10. 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 (NYSE:FUL) last released its quarterly earnings results on Wednesday, March 26th. The specialty chemicals company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.04. H.B. Fuller had a return on equity of 12.01% and a net margin of 3.65%. The business had revenue of $788.66 million during the quarter, compared to analysts’ expectations of $769.55 million. During the same period last year, the firm posted $0.67 EPS. The firm’s revenue for the quarter was down 2.7% compared to the same quarter last year. On average, equities analysts forecast that H.B. Fuller will post 4.07 earnings per share for the current year.

H.B. Fuller Dividend Announcement

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

Analyst Ratings Changes

FUL has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of H.B. Fuller from $75.00 to $72.00 and set a “buy” rating for the company in a research note on Wednesday, January 22nd. Vertical Research downgraded shares of H.B. Fuller from a “buy” rating to a “hold” rating in a research report on Monday, January 6th. JPMorgan Chase & Co. reduced their price target 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. Citigroup dropped 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. Finally, Seaport Res Ptn lowered 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 assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, H.B. Fuller currently has a consensus rating of “Hold” and an average 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.