FUCHS (OTCMKTS:FUPBY) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

FUCHS (OTCMKTS:FUPBY) posted its quarterly earnings data on Friday. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02, Zacks reports. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.20 billion. FUCHS had a net margin of 8.91% and a return on equity of 16.57%.

FUCHS Stock Down 3.3%

Shares of OTCMKTS:FUPBY opened at $11.53 on Friday. FUCHS has a fifty-two week low of $9.27 and a fifty-two week high of $12.44. The firm’s 50 day moving average price is $11.26 and its 200 day moving average price is $10.99. The stock has a market cap of $6.04 billion, a price-to-earnings ratio of 15.37, a price-to-earnings-growth ratio of 2.91 and a beta of 0.93. The company has a quick ratio of 1.37, a current ratio of 2.32 and a debt-to-equity ratio of 0.03.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of FUCHS in a research note on Tuesday, July 7th. Berenberg Bank downgraded shares of FUCHS from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Finally, DZ Bank raised FUCHS from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently 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.