DZ Bank Upgrades FUCHS (OTCMKTS:FUPBY) to Strong-Buy

FUCHS (OTCMKTS:FUPBY) was upgraded by equities researchers at DZ Bank from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Kepler Capital Markets lowered shares of FUCHS from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, FUCHS has an average rating of “Moderate Buy”.

FUCHS Price Performance

Shares of OTCMKTS:FUPBY opened at $11.47 on Wednesday. The company has a quick ratio of 1.37, a current ratio of 2.32 and a debt-to-equity ratio of 0.03. FUCHS has a fifty-two week low of $9.27 and a fifty-two week high of $14.31. The firm has a 50-day simple moving average of $10.84 and a 200 day simple moving average of $10.96. The company has a market cap of $6.01 billion, a PE ratio of 16.39, a P/E/G ratio of 2.78 and a beta of 0.94.

FUCHS (OTCMKTS:FUPBY) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.03. FUCHS had a net margin of 8.91% and a return on equity of 16.57%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. On average, sell-side analysts anticipate that FUCHS will post 0.72 EPS for the current year.

FUCHS Company Profile

FUCHS Petrolub SE, traded over the counter under the symbol FUPBY, is a German-based manufacturer specialized in the development, production and marketing of lubricants and related specialty products. Founded in 1931 by Rudolf Fuchs and headquartered in Mannheim, Germany, the company has grown to become the world’s largest independent supplier of lubricants, serving a broad spectrum of industries from automotive and metalworking to mining and renewable energy.

The company’s product portfolio encompasses engine oils, industrial lubricants, greases, hydraulic fluids, metalworking fluids and process oils, as well as tailor-made solutions for customers’ specific requirements.