FUCHS (OTCMKTS:FUPBY) Issues Quarterly Earnings Results

FUCHS (OTCMKTS:FUPBY) announced its quarterly earnings data on Friday. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02, Zacks reports. FUCHS had a net margin of 8.91% and a return on equity of 16.57%.

FUCHS Trading Down 3.3%

Shares of OTCMKTS:FUPBY traded down $0.39 during trading on Friday, reaching $11.53. 4,563 shares of the company were exchanged, compared to its average volume of 26,078. The firm has a market capitalization of $6.04 billion, a PE ratio of 16.47, a P/E/G ratio of 2.98 and a beta of 0.93. The business’s fifty day simple moving average is $11.24 and its 200-day simple moving average is $10.99. FUCHS has a 12-month low of $9.27 and a 12-month high of $12.44. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.32 and a quick ratio of 1.37.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of FUCHS in a report on Tuesday, July 7th. DZ Bank upgraded FUCHS from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. Finally, Berenberg Bank downgraded FUCHS from a “strong-buy” rating to a “hold” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, FUCHS has a consensus rating of “Moderate Buy”.

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.