From MarketBeat:

H.B. Fuller (NYSE: FUL) announced an update on its FY24 earnings guidance, predicting earnings per share (EPS) of $4.15-$4.45 and a revenue guidance of $3.58-$3.72 billion.

H.B. Fuller trading saw a 2.2% decline as stock traded down to $76.73 on Wednesday with a volume of 538,675 shares. The company has a market capitalization of $4.14 billion and a PE ratio of 29.48.

Robert W. Baird analysts downgraded H.B. Fuller from outperform to neutral, setting a price target of $80.00. Consensus rating of the stock is Hold with a price target of $80.60.

Several institutional investors have made modifications to their holdings of H.B. Fuller, including MetLife Investment Management and UBS Asset Management Americas. Institutional investors now own 94.14% of the company’s stock.

H.B. Fuller is a specialty chemical company that formulates, manufactures, and markets various chemical products worldwide, operating in three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.



Read more: H.B. Fuller (NYSE:FUL) Issues FY24 Earnings Guidance