H.B. Fuller Co. (NYSE: FUL) has reported E.P.S. of $0.83 for its fourth fiscal quarter (ending November 30) versus $0.90 for the same period a year ago — a decline of -8%. Relative to the consensus estimate of $1.27, this was a shortfall of $-0.44. For the latest four quarters through November 30, E.P.S. were $2.67 compared to $3.37 a year ago — a decline of -21%.
Recent Price Action
H.B. Fuller Co. (NYSE: FUL) stock closed at $76.73 on 1/17/24 after a decline of -2.2%. Moreover, trading volume in this decline was unusually high at 179% of normal. The stock has declined -2.4% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, FUL is expected to continue to be an important Value Builder.
H.B. Fuller Co. has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. H.B. Fuller Co. has a slightly negative Appreciation Score of 35 but a good Power Rating of 75, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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