Financial Analyst Maintains Underweight Rating for HB Fuller and Lowers Price Target

Financial Analyst Maintains Underweight Rating for HB Fuller and Lowers Price Target

On April 5, 2023, financial analyst Jeffrey Zekauskas of JP Morgan maintained his underweight rating for H.B. Fuller and lowered the price target from $70 to $66. This comes after Zekauskas downgraded H.B. Fuller from overweight to neutral on January 21, 2022, and lowered the price target from $75 to $73.

MarketBeat reports that the consensus rating for H.B. Fuller stock is a moderate buy, with one sell rating and three buy ratings for FUL. The average twelve-month price prediction for H.B. Fuller is $73.75, with a high price target of $85.00 and a low price target of $52.00.

An underweight rating indicates the stock is expected to underperform compared to the average return of the analyst’s industry coverage over the next 6-12 months. A lower price target suggests that the analyst anticipates the stock performing worse than expected.

When making investment decisions, investors should consider the analyst’s rating and price target and other factors such as the company’s financial performance, industry trends, and market conditions. It is important to note that analyst ratings and price targets are not guarantees of future performance and may change over time.

FUL Stock Shows Positive Performance and Strong Financials for Future Growth

On April 5, 2023, FUL stock opened at $67.04, a 2.11% increase from the previous day’s close of $65.65. Throughout the day, the stock’s price fluctuated from $65.25 to $67.04. The day’s volume was relatively low, with only 102 shares traded, compared to the average volume of 392,141 shares over the past three months.

Despite the low trading volume, FUL’s financials paint a positive picture of the company. Its market capitalization is $3.6 billion and has seen impressive earnings and revenue growth over the past year. Earnings growth in the last year was 10.28%, and revenue growth was 14.37%. Looking forward, FUL is projected to see earnings growth of 4.10% this year and 13.40% over the next five years.

The company’s P/E ratio, which measures the price of the stock relative to its earnings, is 22.2. This suggests that investors are willing to pay a premium for FUL’s earnings potential. The company’s price/sales and price/book ratios are also 1.18 and 2.23, respectively. These ratios indicate that FUL’s stock price is reasonable relative to its sales and book value.

In terms of industry and sector, FUL operates in the industrial specialties sector of the process industries industry. The company is headquartered in St. Paul, Minnesota, but no executives are listed on its profile.

Looking ahead, FUL’s next reporting date is June 21, 2023, and the company is expected to report earnings per share (EPS) of $1.04 for the current quarter. In the previous year, FUL reported annual revenue of $3.7 billion and an annual profit of $180.3 million. Its net profit margin for the year was 4.81%.

Overall, FUL’s stock performance on April 5, 2023, was positive, with the stock opening higher than the previous day’s close and trading within a reasonable range throughout the day. The company’s strong financials suggest that it is well-positioned for future Growth and could be a promising investment opportunity for interested investors.

H.B. Fuller Companys Stock Shows Positive Outlook with Median Target Price of $80.00: Investment Analysts Recommend Buying

On April 5, 2023, H.B. Fuller Company’s stock (FUL) had a median target price of $80.00, according to the five analysts who offered 12-month price forecasts. The high estimate was $106.00, while the low estimate was $66.00. This median estimate represented a 21.90% increase from the last price of $65.63.

The current consensus among the five polled investment analysts was to buy stock in H.B. Fuller Company. This rating had held steady since March, when it was unchanged from a buy rating. This indicated that the investment analysts were bullish on the stock’s prospects.

Regarding the current quarter, H.B. Fuller Company reported earnings per share of $1.04 and sales of $970.8 million. The reporting date for these figures was June 21. These results were a positive sign for the company, indicating it was performing well in the current quarter.

Overall, the outlook for H.B. Fuller Company’s April 5, 2023 stock was positive. The median target price of $80.00 significantly increased from the current $65.63. Furthermore, the consensus among investment analysts was to buy the stock, indicating that they believed it had strong potential for Growth. The positive earnings per share and sales figures for the current quarter also suggested that the company was performing well. Investors looking for a potentially profitable investment opportunity may have considered buying H.B. Fuller Company’s stock on April 5, 2023.