HB Fuller (NYSE:FUL) issued its earnings results on Wednesday. The specialty chemicals company reported $0.88 EPS for the quarter, missing the Zacks’ consensus estimate of $0.89 by ($0.01), RTT News reports. The company had revenue of $759.60 million during the quarter, compared to analyst estimates of $779.07 million. HB Fuller had a net margin of 4.31% and a return on equity of 13.41%. The business’s revenue was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.89 earnings per share. HB Fuller updated its FY 2019 guidance to $3.10-3.30 EPS and its FY19 guidance to $3.10-3.30 EPS.
Shares of NYSE FUL opened at $46.40 on Friday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.36 and a current ratio of 2.10. The business’s 50 day simple moving average is $43.41. The firm has a market capitalization of $2.34 billion, a P/E ratio of 15.42, a PEG ratio of 1.18 and a beta of 1.52. HB Fuller has a 12-month low of $39.22 and a 12-month high of $59.58.
In other news, VP Heather Campe sold 11,457 shares of the business’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $50.36, for a total transaction of $576,974.52. Following the completion of the transaction, the vice president now directly owns 20,644 shares in the company, valued at $1,039,631.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 3.46% of the company’s stock.
HB Fuller Company Profile
H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, and other specialty chemical products worldwide. The company operates through five segments: Americas Adhesives, EIMEA, Asia Pacific, Construction Adhesives, and Engineering Adhesives.
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