FUCHS (OTCMKTS:FUPBY) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

FUCHS (OTCMKTS:FUPBY) released its quarterly earnings data on Friday. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.22 by $0.01, Zacks reports. FUCHS had a return on equity of 17.40% and a net margin of 9.04%.

FUCHS Stock Performance

FUPBY stock traded down $0.15 during trading on Friday, reaching $12.29. The stock had a trading volume of 4,763 shares, compared to its average volume of 20,832. The firm has a market cap of $6.44 billion, a PE ratio of 16.39, a PEG ratio of 3.32 and a beta of 0.90. The company has a current ratio of 1.96, a quick ratio of 1.14 and a debt-to-equity ratio of 0.03. The stock’s 50 day moving average is $12.12 and its two-hundred day moving average is $11.31. FUCHS has a 52 week low of $9.27 and a 52 week high of $12.92.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of FUCHS in a research note on Monday, August 3rd. Berenberg Bank lowered shares of FUCHS from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Kepler Capital Markets raised shares of FUCHS from a “strong sell” rating to a “hold” rating in a report on Thursday, September 3rd. Finally, Jefferies Financial Group restated a “buy” rating on shares of FUCHS in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

FUCHS Company Profile

FUCHS SE is a Germany-based manufacturer and supplier of specialized lubricants. The company develops, produces and distributes lubricants and related specialty products for industrial, automotive and other commercial applications.

Its product portfolio includes engine and transmission oils, hydraulic and gear oils, metalworking fluids, greases, industrial lubricants, release agents and specialty fluids. These products are used in areas such as automotive manufacturing, mechanical engineering, mining, energy, transportation and other industrial operations.

FUCHS traces its history to 1931, when it was founded in Mannheim, Germany.