FUCHS (OTCMKTS:FUPBY) Stock Rating Cut to "Hold" at Jefferies Financial Group

Key Points

• Jefferies downgraded FUCHS from “strong buy” to “hold”; Berenberg also cut its rating to “hold,” while Deutsche Bank maintained “buy.”
• Despite the downgrades, MarketBeat’s analyst consensus remained “Moderate Buy,” with one Strong Buy, one Buy, and three Hold ratings.
• FUCHS reported quarterly EPS of $0.23, topping the $0.22 consensus, and revenue of $1.25 billion versus expectations of $1.18 billion; shares were up 3.3%.

FUCHS (OTCMKTS:FUPBY - Get Free Report) was downgraded by analysts at Jefferies Financial Group from a "strong-buy" rating to a "hold" rating in a research report issued on Monday, Zacks reports.

A number of other analysts also recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of FUCHS in a research report on Monday, August 3rd. Berenberg Bank cut FUCHS from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 27th. Finally, Kepler Capital Markets raised shares of FUCHS from a "strong sell" rating to a "hold" rating in a report on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy".

FUCHS Stock Up 3.3%

FUCHS stock opened at $12.08 on Monday. FUCHS has a fifty-two week low of $9.27 and a fifty-two week high of $12.92. The stock has a market cap of $6.33 billion, a PE ratio of 14.80, a price-to-earnings-growth ratio of 3.12 and a beta of 0.91. The firm's 50-day simple moving average is $12.14 and its 200 day simple moving average is $11.32. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.14 and a current ratio of 1.96.

FUCHS (OTCMKTS:FUPBY - Get Free Report) last announced its quarterly earnings data on Friday, October 30th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.01. FUCHS had a return on equity of 18.03% and a net margin of 9.00%. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.18 billion. Research analysts predict that FUCHS will post 0.75 EPS for the current fiscal year.

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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