H.B. Fuller Co. (NYSE: FUL) has reported earnings for its first fiscal quarter (ending February 28) of $0.57 versus $0.40 for the same period a year ago. For the latest four quarters through February 28, E.P.S. were $2.83 versus $3.05 for the same period a year ago.
Recent Price Action
H.B. Fuller Co. (NYSE: FUL) stock enjoyed a large increase of 2.8% on 3/27/24. The stock closed at $82.58. Moreover, this advance was accompanied by exceptionally high trading volume at 222% of normal. Relative to the market the stock has been strong over the last nine months and has risen 3.8% during the last week.
Current PriceTarget Research Rating
FUL is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
H.B. Fuller Co. has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. H.B. Fuller Co. has a slightly negative Appreciation Score of 40 but a good Power Rating of 73, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment