H.B. Fuller (NYSE:FUL) Issues 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 Stock Performance

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

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

H.B. Fuller Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft decreased their target price on shares of H.B. Fuller from $75.00 to $72.00 and set a “buy” rating on the stock in a report on Wednesday, January 22nd. Citigroup lowered their price objective on H.B. Fuller from $78.00 to $68.00 and set a “neutral” rating on the stock in a research report 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. Vertical Research cut H.B. Fuller from a “buy” rating to a “hold” rating in a report on Monday, January 6th. Finally, JPMorgan Chase & Co. cut their price objective on H.B. Fuller from $70.00 to $60.00 and set an “underweight” rating for the company in a report on Friday, January 17th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average 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.