FUCHS (OTCMKTS:FUPBY) Issues Earnings Results, Beats Expectations By $0.02 EPS

by · The Cerbat Gem

FUCHS (OTCMKTS:FUPBY – Get Free Report) released its quarterly earnings results on Friday. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.02, Zacks reports. FUCHS had a net margin of 8.91% and a return on equity of 16.57%. The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.20 billion.

FUCHS Stock Down 3.3%

Shares of OTCMKTS:FUPBY opened at $11.53 on Friday. The company has a current ratio of 2.32, a quick ratio of 1.37 and a debt-to-equity ratio of 0.03. The stock has a fifty day simple moving average of $11.26 and a two-hundred day simple moving average of $10.99. FUCHS has a 12-month low of $9.27 and a 12-month high of $12.44. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 16.47, a PEG ratio of 3.01 and a beta of 0.93.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on FUPBY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of FUCHS in a research report on Tuesday, July 7th. Berenberg Bank cut FUCHS from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Finally, DZ Bank upgraded FUCHS from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Check Out Our Latest Report on FUPBY

FUCHS Company Profile

(Get Free Report)

FUCHS Petrolub SE, traded over the counter under the symbol FUPBY, is a German-based manufacturer specialized in the development, production and marketing of lubricants and related specialty products. Founded in 1931 by Rudolf Fuchs and headquartered in Mannheim, Germany, the company has grown to become the world’s largest independent supplier of lubricants, serving a broad spectrum of industries from automotive and metalworking to mining and renewable energy.

The company’s product portfolio encompasses engine oils, industrial lubricants, greases, hydraulic fluids, metalworking fluids and process oils, as well as tailor-made solutions for customers’ specific requirements.

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