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

FUCHS (OTCMKTS:FUPBY) announced its quarterly earnings results on Wednesday. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02, Zacks reports. FUCHS had a return on equity of 15.92% and a net margin of 8.60%.

FUCHS Price Performance

Shares of OTCMKTS FUPBY traded up $0.44 during midday trading on Wednesday, reaching $11.99. 25,996 shares of the stock traded hands, compared to its average volume of 35,690. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.32 and a quick ratio of 1.37. The stock has a market capitalization of $6.28 billion, a PE ratio of 18.17, a P/E/G ratio of 2.43 and a beta of 0.94. FUCHS has a one year low of $9.27 and a one year high of $14.31. The company’s 50 day moving average is $10.57 and its 200 day moving average is $10.99.

Analyst Upgrades and Downgrades

FUPBY has been the topic of several recent research reports. Kepler Capital Markets downgraded FUCHS from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 31st. DZ Bank raised shares of FUCHS from a “strong sell” rating to a “hold” rating in a research report on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of FUCHS in a research report on Tuesday, January 6th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

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.