H.B. Fuller (NYSE:FUL) Releases FY25 Earnings Guidance

H.B. Fuller (NYSE:FUL) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $3.90-4.20 for the period, compared to the consensus estimate of $3.97. The company issued revenue guidance of $3.43-3.50 billion, compared to the consensus revenue estimate of $3.46 billion.

H.B. Fuller Trading Up 1.2 %

NYSE:FUL traded up $0.63 during trading hours on Wednesday, reaching $54.46. The company’s stock had a trading volume of 679,706 shares, compared to its average volume of 335,053. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.16 and a current ratio of 1.81. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 23.57, a PEG ratio of 1.13 and a beta of 1.41. The firm has a 50-day simple moving average of $58.75 and a 200-day simple moving average of $69.10. H.B. Fuller has a 1 year low of $52.59 and a 1 year high of $87.67.

H.B. Fuller (NYSE:FUL) last released its earnings results on Wednesday, March 26th. The specialty chemicals company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.04. H.B. Fuller had a return on equity of 12.01% and a net margin of 3.65%. The company had revenue of $788.66 million during the quarter, compared to analyst estimates of $769.55 million. During the same quarter in the previous year, the company posted $0.67 EPS. H.B. Fuller’s revenue for the quarter was down 2.7% on a year-over-year basis. Research analysts expect that H.B. Fuller will post 4.07 EPS for the current fiscal year.

H.B. Fuller Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, February 6th were paid a $0.2225 dividend. This represents a $0.89 annualized dividend and a dividend yield of 1.63%. The ex-dividend date was Thursday, February 6th. H.B. Fuller’s payout ratio is 38.53%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on FUL shares. Vertical Research lowered shares of H.B. Fuller from a “buy” rating to a “hold” rating in a report on Monday, January 6th. JPMorgan Chase & Co. cut their price target on shares of H.B. Fuller from $70.00 to $60.00 and set an “underweight” rating on the stock in a report on Friday, January 17th. Citigroup decreased their price target on shares of H.B. Fuller from $78.00 to $68.00 and set a “neutral” rating for the company in a research note on Friday, January 3rd. Seaport Res Ptn cut H.B. Fuller from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on H.B. Fuller from $75.00 to $72.00 and set a “buy” rating for the company in a research report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $72.50.

About H.B. Fuller

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. It operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.