H.B. Fuller (NYSE:FUL) Updates FY 2024 Earnings Guidance

H.B. Fuller (NYSE:FUL) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.840-3.840 for the period, compared to the consensus estimate of 4.160. The company issued revenue guidance of $3.6 billion-$3.6 billion, compared to the consensus revenue estimate of $3.6 billion.

Wall Street Analyst Weigh In

FUL has been the subject of several research analyst reports. StockNews.com lowered shares of H.B. Fuller from a “buy” rating to a “hold” rating in a research note on Wednesday, September 18th. Citigroup decreased their price objective on H.B. Fuller from $85.00 to $78.00 and set a “neutral” rating for the company in a research note on Wednesday, December 18th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $92.75.

H.B. Fuller Trading Down 4.0 %

Shares of FUL opened at $64.76 on Thursday. H.B. Fuller has a twelve month low of $61.71 and a twelve month high of $87.67. The firm has a market capitalization of $3.54 billion, a P/E ratio of 19.99, a PEG ratio of 1.24 and a beta of 1.41. The firm’s 50-day moving average is $73.82 and its two-hundred day moving average is $78.02. The company has a current ratio of 1.89, a quick ratio of 1.16 and a debt-to-equity ratio of 1.10.

H.B. Fuller Company Profile

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.