FUCHS (OTCMKTS:FUPBY) Downgraded by Jefferies Financial Group to “Hold”

FUCHS (OTCMKTS:FUPBY) was downgraded by stock analysts at Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a report issued on Monday, Zacks reports.

A number of other analysts also recently weighed in on FUPBY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of FUCHS in a research report on Monday, August 3rd. Berenberg Bank downgraded shares of FUCHS from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Finally, Kepler Capital Markets upgraded shares of FUCHS from a “strong sell” rating to a “hold” rating in a report on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, FUCHS currently has an average rating of “Moderate Buy”.

FUCHS Trading Up 3.3%

OTCMKTS FUPBY opened at $12.08 on Monday. The stock’s 50-day simple moving average is $12.14 and its two-hundred day simple moving average is $11.32. FUCHS has a twelve month low of $9.27 and a twelve month 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. The company has a market capitalization of $6.33 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 3.12 and a beta of 0.91.

FUCHS (OTCMKTS:FUPBY) last posted its quarterly earnings data on Friday, October 30th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. FUCHS had a return on equity of 18.03% and a net margin of 9.00%. The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Research analysts forecast that FUCHS will post 0.75 EPS for the current fiscal year.

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.