FUCHS (OTCMKTS:FUPBY) Announces Quarterly Earnings Results

FUCHS (OTCMKTS:FUPBY) posted its earnings results on Friday. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.01, Zacks reports. FUCHS had a return on equity of 17.40% and a net margin of 9.04%. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.18 billion.

FUCHS Price Performance

Shares of FUPBY traded down $0.15 during trading hours on Friday, reaching $12.29. 4,763 shares of the company traded hands, compared to its average volume of 9,225. The stock has a market capitalization of $6.44 billion, a PE ratio of 16.39, a price-to-earnings-growth ratio of 3.33 and a beta of 0.90. The stock has a fifty day simple moving average of $12.13 and a 200 day simple moving average of $11.31. FUCHS has a fifty-two week low of $9.27 and a fifty-two week high of $12.92. The company has a quick ratio of 1.14, a current ratio of 1.96 and a debt-to-equity ratio of 0.03.

Analyst Ratings Changes

Several research firms recently commented on FUPBY. Kepler Capital Markets upgraded shares of FUCHS from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 3rd. Berenberg Bank cut shares of FUCHS from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of FUCHS in a report on Monday, August 3rd. Finally, Jefferies Financial Group restated a “buy” rating on shares of FUCHS in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About FUCHS

FUCHS SE is a Germany-based manufacturer and supplier of specialized lubricants. The company develops, produces and distributes lubricants and related specialty products for industrial, automotive and other commercial applications.

Its product portfolio includes engine and transmission oils, hydraulic and gear oils, metalworking fluids, greases, industrial lubricants, release agents and specialty fluids. These products are used in areas such as automotive manufacturing, mechanical engineering, mining, energy, transportation and other industrial operations.

FUCHS traces its history to 1931, when it was founded in Mannheim, Germany.