L.B. Foster Co (NASDAQ:FSTR) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokers have set a 12 month consensus price objective of $30.00 for the company and are anticipating that the company will post $0.52 earnings per share for the current quarter, according to Zacks. Zacks has also given L.B. Foster an industry rank of 168 out of 256 based on the ratings given to its competitors.
FSTR has been the topic of several analyst reports. B. Riley set a $30.00 price objective on shares of L.B. Foster and gave the stock a “buy” rating in a research note on Friday, June 14th. Zacks Investment Research raised shares of L.B. Foster from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a research note on Wednesday, July 31st. ValuEngine cut shares of L.B. Foster from a “hold” rating to a “sell” rating in a research note on Monday, August 12th. Finally, BidaskClub lowered shares of L.B. Foster from a “hold” rating to a “sell” rating in a report on Thursday, August 8th.
Shares of L.B. Foster stock traded up $0.27 during trading on Wednesday, hitting $22.01. The company’s stock had a trading volume of 47,994 shares, compared to its average volume of 26,413. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.04 and a quick ratio of 0.95. L.B. Foster has a 52 week low of $13.91 and a 52 week high of $27.80. The stock has a market cap of $231.86 million, a price-to-earnings ratio of 11.35 and a beta of 1.80. The stock has a 50-day moving average price of $21.63 and a two-hundred day moving average price of $22.44.
L.B. Foster (NASDAQ:FSTR) last issued its quarterly earnings data on Tuesday, July 30th. The basic materials company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.39. L.B. Foster had a negative net margin of 3.36% and a positive return on equity of 15.15%. The company had revenue of $200.93 million for the quarter, compared to analysts’ expectations of $178.85 million. On average, equities analysts predict that L.B. Foster will post 2.18 EPS for the current fiscal year.
L.B. Foster Company Profile
L.B. Foster Company manufactures and distributes products and services for the transportation and energy infrastructure worldwide. Its Rail Products and Services segment offers new rail to passenger and short line freight railroads, industrial companies, and rail contractors; used rails; rail accessories, including track spikes, bolts, angle bars, and other products; power rail, direct fixation fasteners, coverboards, and other accessories; and trackwork products, as well as engineers and fabricates insulated rail joints and related accessories.
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