FUCHS (OTCMKTS:FUPBY – Get Free Report) issued its earnings results on Friday. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.22 by $0.01, Zacks reports. FUCHS had a return on equity of 17.40% and a net margin of 9.04%.
FUCHS Stock Down 1.2%
Shares of OTCMKTS FUPBY traded down $0.15 during midday trading on Friday, hitting $12.29. The stock had a trading volume of 3,922 shares, compared to its average volume of 20,831. The business’s 50 day moving average is $12.12 and its 200-day moving average is $11.31. FUCHS has a 52 week low of $9.27 and a 52 week 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 cap of $6.44 billion, a P/E ratio of 16.39, a PEG ratio of 3.32 and a beta of 0.90.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of FUCHS in a report on Friday, August 7th. Berenberg Bank lowered shares of FUCHS from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Kepler Capital Markets upgraded FUCHS from a “strong sell” rating to a “hold” rating in a report on Thursday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of FUCHS in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, FUCHS presently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on FUCHS
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.
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