FUCHS (OTCMKTS:FUPBY) Reaches New 12-Month High - Here's Why

Key Points

• FUCHS reached a new 52-week high, trading as high as $12.40 and closing near $12.3150, giving the company a market capitalization of approximately $6.45 billion.
• Analyst sentiment remains positive overall, with FUCHS holding a “Moderate Buy” consensus rating despite Berenberg’s downgrade to “Hold”; Jefferies and Deutsche Bank reaffirmed “Buy” ratings.
• The company exceeded quarterly expectations, reporting earnings of $0.19 per share versus the $0.17 consensus estimate and revenue of $1.23 billion versus forecasts of $1.20 billion.

FUCHS SE - Unsponsored ADR (OTCMKTS:FUPBY - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $12.40 and last traded at $12.3150, with a volume of 5806 shares. The stock had previously closed at $12.3035.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Jefferies Financial Group reiterated a "buy" rating on shares of FUCHS in a research note on Friday, August 7th. Berenberg Bank downgraded shares of FUCHS from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of FUCHS in a report on Monday, August 3rd. Finally, DZ Bank upgraded shares of FUCHS from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, FUCHS currently has an average rating of "Moderate Buy".

FUCHS Stock Up 0.1%

The firm has a market cap of $6.45 billion, a P/E ratio of 16.42, a PEG ratio of 3.38 and a beta of 0.92. The firm's 50-day moving average price is $11.52 and its 200 day moving average price is $11.08. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.96 and a quick ratio of 1.14.

FUCHS (OTCMKTS:FUPBY - Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.02. FUCHS had a return on equity of 17.40% and a net margin of 9.04%.The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.20 billion. On average, equities research analysts expect that FUCHS SE - Unsponsored ADR will post 0.73 earnings per share for the current fiscal year.

FUCHS Company Profile

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.

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