FUCHS (OTCMKTS:FUPBY) Downgraded by Berenberg Bank to Hold

Berenberg Bank cut shares of FUCHS (OTCMKTS:FUPBY) from a strong-buy rating to a hold rating in a report released on Monday,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on the stock. DZ Bank raised shares of FUCHS from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Kepler Capital Markets lowered shares of FUCHS from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 31st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of FUCHS in a report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

FUCHS Price Performance

FUPBY stock opened at $11.41 on Monday. The company has a current ratio of 2.32, a quick ratio of 1.37 and a debt-to-equity ratio of 0.03. The stock has a market cap of $5.98 billion, a PE ratio of 16.30, a price-to-earnings-growth ratio of 2.93 and a beta of 0.93. FUCHS has a 1 year low of $9.27 and a 1 year high of $12.44. The stock has a 50-day moving average price of $11.18 and a two-hundred day moving average price of $10.97.

FUCHS (OTCMKTS:FUPBY) last released its earnings results on Wednesday, April 29th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.17 by $0.03. FUCHS had a return on equity of 16.57% and a net margin of 8.91%.The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Equities analysts forecast that FUCHS will post 0.71 EPS for the current fiscal 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.