FUCHS (OTCMKTS:FUPBY) Releases Earnings Results, Beats Estimates By $0.03 EPS
by Teresa Graham · The Cerbat GemFUCHS (OTCMKTS:FUPBY – Get Free Report) released its earnings results on Wednesday. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.03, Zacks reports. FUCHS had a net margin of 8.60% and a return on equity of 15.92%. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion.
FUCHS Stock Down 2.3%
Shares of FUPBY stock opened at $11.72 on Thursday. The stock has a market cap of $6.14 billion, a P/E ratio of 17.76, a PEG ratio of 2.43 and a beta of 0.94. FUCHS has a 52 week low of $9.27 and a 52 week high of $14.31. The company has a quick ratio of 1.37, a current ratio of 2.32 and a debt-to-equity ratio of 0.03. The company’s fifty day simple moving average is $10.59 and its two-hundred day simple moving average is $10.99.
Analyst Upgrades and Downgrades
FUPBY has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of FUCHS in a research note on Tuesday, January 6th. Kepler Capital Markets cut shares of FUCHS from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 31st. Finally, DZ Bank upgraded shares of FUCHS from a “strong sell” rating to a “hold” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on FUCHS
About FUCHS
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.