DZ Bank Upgrades FUCHS (OTCMKTS:FUPBY) to Strong-Buy

FUCHS (OTCMKTS:FUPBY) was upgraded by DZ Bank from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

Separately, Kepler Capital Markets downgraded shares of FUCHS from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

FUCHS Price Performance

FUPBY opened at $11.47 on Wednesday. The company has a 50-day moving average of $10.84 and a 200-day moving average of $10.96. The company has a market capitalization of $6.01 billion, a P/E ratio of 16.39, a PEG ratio of 2.78 and a beta of 0.94. FUCHS has a 1-year low of $9.27 and a 1-year high of $14.31. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.37 and a current ratio of 2.32.

FUCHS (OTCMKTS:FUPBY) last released its earnings results on Wednesday, April 29th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.03. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. FUCHS had a net margin of 8.91% and a return on equity of 16.57%. Equities analysts expect that FUCHS will post 0.72 EPS for the current fiscal year.

FUCHS Company Profile

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.