H.B. Fuller - FUL Stock Forecast, Price & News

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products worldwide. The company operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives. The Hygiene, Health and Consumable Adhesives segment produces and supplies specialty industrial adhesives such as, thermoplastic, thermoset, reactive, and water-based and solvent-based products for applications in various markets, including food and beverage containers, flexible packaging, consumer goods, package integrity and re-enforcement, and non-durable goods; corrugation, folding carton, tape and label, paper converting, envelopes, books, multi-wall bags, sacks, and tissue and towel; disposable diapers, feminine care, and medical garments; and health and beauty. The Engineering Adhesives segment produces and supplies high performance industrial adhesives such as reactive, light cure, two-part liquids, silicone, polyurethane, film, and fast cure products to the appliances and filters, windows, doors and wood flooring, and textile, transportation, electronics, medical, clean energy, aerospace and defense, appliance, heavy machinery, and insulating glass markets. The Construction Adhesives segment provides products used for tile setting, commercial roofing, heating, ventilation, and air conditioning and insulation applications, as well as caulks and sealants for the consumer market and professional trade. The company sells its products directly through distributors and retailers. H.B. Fuller Company was founded in 1887 and is headquartered in Saint Paul, Minnesota.

Analysts Set New Price Targets

A number of brokerages have weighed in on FUL. JPMorgan Chase & Co. lowered H.B. Fuller from a "neutral" rating to an "underweight" rating and decreased their target price for the stock from $70.00 to $52.00 in a research note on Friday, June 24th. Robert W. Baird raised shares of H.B. Fuller from a "neutral" rating to an "outperform" rating and set a $85.00 price target on the stock in a report on Thursday, April 14th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of H.B. Fuller from $85.00 to $72.00 and set a "buy" rating on the stock in a research report on Friday, June 24th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $71.00.

H.B. Fuller Trading Up 1.9 %

Shares of FUL opened at $67.04 on Friday. H.B. Fuller has a fifty-two week low of $57.36 and a fifty-two week high of $81.73. The firm has a market cap of $3.56 billion, a price-to-earnings ratio of 20.25 and a beta of 1.57. The firm has a 50 day moving average price of $63.02 and a 200-day moving average price of $66.49. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.20 and a current ratio of 1.95.

H.B. Fuller (NYSE:FUL - Get Rating) last posted its quarterly earnings results on Wednesday, June 22nd. The specialty chemicals company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.04. H.B. Fuller had a net margin of 5.09% and a return on equity of 12.95%. The business had revenue of $993.26 million during the quarter, compared to the consensus estimate of $965.21 million. During the same period in the previous year, the firm posted $0.94 earnings per share. As a group, equities research analysts forecast that H.B. Fuller will post 4.25 earnings per share for the current year.

H.B. Fuller Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 28th. Investors of record on Thursday, July 14th were given a dividend of $0.19 per share. The ex-dividend date was Wednesday, July 13th. This represents a $0.76 annualized dividend and a yield of 1.13%. H.B. Fuller's payout ratio is 22.96%.

Insider Buying and Selling at H.B. Fuller

In other news, Director Trangsrud Teresa J. Rasmussen bought 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 5th. The shares were bought at an average cost of $58.20 per share, with a total value of $58,200.00. Following the completion of the purchase, the director now directly owns 1,000 shares in the company, valued at $58,200. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, VP Nathan D. Weaver sold 5,988 shares of H.B. Fuller stock in a transaction that occurred on Monday, July 25th. The stock was sold at an average price of $62.82, for a total value of $376,166.16. Following the sale, the vice president now directly owns 3,766 shares in the company, valued at approximately $236,580.12. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Trangsrud Teresa J. Rasmussen bought 1,000 shares of H.B. Fuller stock in a transaction dated Tuesday, July 5th. The shares were acquired at an average cost of $58.20 per share, for a total transaction of $58,200.00. Following the completion of the purchase, the director now directly owns 1,000 shares of the company's stock, valued at approximately $58,200. The disclosure for this purchase can be found here. Corporate insiders own 4.69% of the company's stock.