Alert: Negative Investment/Fundamental Signals (10/21/24)-H.B. Fuller Co. (NYSE: FUL)

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H.B. Fuller Co. (NYSE: FUL) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.

Recent notable negative changes in fundamentals have impacted H.B. Fuller Co. (NYSE: FUL). Negative developments: the stock’s power rating fell below 50, the consensus estimate for November, 2024 decreased significantly, and the consensus estimate for November, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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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 (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. H.B. Fuller Co. has a neutral Power Rating of 48 and a neutral Appreciation Score of 45, with the Low Neutral Value Trend Rating the result.

Recent Price Action

On 10/21/24, H.B. Fuller Co. (NYSE: FUL) stock declined by -3.0%, closing at $76.83. Moreover, trading volume in this decline was above average at 143% of normal. The stock has performed in line with the market over the last nine months and has declined -2.7% during the last week.

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