HB Fuller Co (FUL) to Post Q2 2018 Earnings of $0.84 Per Share, KeyCorp Forecasts

HB Fuller Co (NYSE:FUL) – Research analysts at KeyCorp issued their Q2 2018 earnings per share estimates for HB Fuller in a report released on Monday, April 2nd. KeyCorp analyst M. Sison anticipates that the specialty chemicals company will earn $0.84 per share for the quarter. KeyCorp also issued estimates for HB Fuller’s Q3 2018 earnings at $0.94 EPS and Q4 2018 earnings at $1.02 EPS.

How to Become a New Pot Stock Millionaire

Several other equities research analysts also recently issued reports on FUL. Zacks Investment Research downgraded HB Fuller from a “buy” rating to a “hold” rating in a research report on Monday, December 11th. Deutsche Bank raised HB Fuller from a “hold” rating to a “buy” rating and raised their price target for the company from $60.00 to $62.00 in a research report on Thursday, January 25th. Seaport Global Securities raised HB Fuller from a “neutral” rating to a “buy” rating and raised their price target for the company from $63.00 to $66.00 in a research report on Thursday, January 25th. Citigroup lifted their target price on HB Fuller from $57.50 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, January 25th. Finally, Longbow Research raised HB Fuller from a “neutral” rating to a “buy” rating and set a $60.00 target price on the stock in a research report on Tuesday, February 6th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $60.50.

Shares of NYSE:FUL opened at $48.74 on Thursday. The stock has a market capitalization of $2,487.97, a PE ratio of 19.50, a price-to-earnings-growth ratio of 0.99 and a beta of 1.55. HB Fuller has a 52-week low of $46.62 and a 52-week high of $58.74. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.56 and a current ratio of 2.27.

HB Fuller (NYSE:FUL) last issued its quarterly earnings results on Wednesday, March 28th. The specialty chemicals company reported $0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.01. The company had revenue of $713.08 million for the quarter, compared to the consensus estimate of $663.98 million. HB Fuller had a return on equity of 11.97% and a net margin of 3.62%.

A number of hedge funds have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC lifted its stake in HB Fuller by 1,935.1% during the fourth quarter. Renaissance Technologies LLC now owns 224,000 shares of the specialty chemicals company’s stock worth $12,067,000 after purchasing an additional 212,993 shares during the period. Deutsche Bank AG lifted its stake in HB Fuller by 188.9% during the fourth quarter. Deutsche Bank AG now owns 307,407 shares of the specialty chemicals company’s stock worth $16,557,000 after purchasing an additional 200,995 shares during the period. SG Capital Management LLC bought a new position in HB Fuller during the fourth quarter worth about $7,798,000. Assenagon Asset Management S.A. bought a new position in HB Fuller during the fourth quarter worth about $6,567,000. Finally, Anchor Bolt Capital LP bought a new position in HB Fuller during the third quarter worth about $6,007,000. 93.78% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: “HB Fuller Co (FUL) to Post Q2 2018 Earnings of $0.84 Per Share, KeyCorp Forecasts” was reported by Ticker Report and is the property of of Ticker Report. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and international trademark & copyright law. The correct version of this news story can be read at https://www.tickerreport.com/banking-finance/3336823/hb-fuller-co-ful-to-post-q2-2018-earnings-of-0-84-per-share-keycorp-forecasts.html.

HB Fuller Company Profile

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, and other specialty chemical products worldwide. The company operates through six segments: Americas Adhesives; EIMEA (Europe, India, Middle East and Africa); Asia Pacific; Construction Products; Engineering Adhesives; and Royal Adhesives.

Earnings History and Estimates for HB Fuller (NYSE:FUL)

Receive News & Ratings for HB Fuller Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HB Fuller and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Western Copper  Rating Lowered to Sell at Zacks Investment Research
Western Copper Rating Lowered to Sell at Zacks Investment Research
Zacks Investment Research Upgrades WEX  to Buy
Zacks Investment Research Upgrades WEX to Buy
Comparing Burcon Nutrascience  and Lifeway Foods
Comparing Burcon Nutrascience and Lifeway Foods
Financial Survey: Vivint Solar  versus Babcock & Wilcox
Financial Survey: Vivint Solar versus Babcock & Wilcox
Financial Review: Harmony Gold  and The Competition
Financial Review: Harmony Gold and The Competition
Joulecoin  Trading 7% Higher  Over Last Week
Joulecoin Trading 7% Higher Over Last Week


© 2006-2018 Ticker Report. Google+.