FUCHS (OTCMKTS:FUPBY) Shares Gap Up - Still a Buy?

Key Points

• FUCHS shares opened higher, rising from a prior close of $11.60 to $12.09 and last trading around $12.10, up approximately 1.9%.
• Analyst sentiment remains positive overall, with one Strong Buy, two Buy, and two Hold ratings, resulting in a “Moderate Buy” consensus despite Berenberg’s recent downgrade to Hold.
• FUCHS exceeded quarterly expectations, reporting EPS of $0.19 versus the $0.17 consensus and revenue of $1.23 billion versus $1.20 billion; analysts forecast full-year EPS of $0.74.

FUCHS SE - Unsponsored ADR (OTCMKTS:FUPBY - Get Free Report)'s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $11.60, but opened at $12.09. FUCHS shares last traded at $12.1030, with a volume of 2,228 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Berenberg Bank downgraded FUCHS from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 27th. DZ Bank raised FUCHS from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 27th. Jefferies Financial Group reissued a "buy" rating on shares of FUCHS in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of FUCHS in a report on Monday, August 3rd. Finally, Kepler Capital Markets raised FUCHS from a "strong sell" rating to a "hold" rating in a report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, FUCHS presently has an average rating of "Moderate Buy".

FUCHS Stock Up 1.9%

The firm has a market cap of $6.32 billion, a P/E ratio of 16.09, a PEG ratio of 3.12 and a beta of 0.92. 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 stock's 50-day simple moving average is $11.66 and its 200 day simple moving average is $11.15.

FUCHS (OTCMKTS:FUPBY - Get Free Report) last issued its earnings results on Friday, July 31st. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.20 billion. FUCHS had a return on equity of 17.40% and a net margin of 9.04%. As a group, research analysts forecast that FUCHS SE - Unsponsored ADR will post 0.74 EPS for the current fiscal year.

About FUCHS

FUCHS SE is a Germany-based manufacturer of lubricants and related specialty products. The company develops, produces and distributes lubricants for automotive, industrial and other specialized applications, including engine oils, transmission and hydraulic fluids, metalworking fluids, greases, industrial oils and specialty lubricants.

Founded in Mannheim in 1931, FUCHS has expanded from a regional trading business into an international lubricant group. Its products are used in passenger cars and commercial vehicles, as well as in industries such as manufacturing, mining, energy, agriculture, aerospace and food processing.

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