Sidoti Issues Positive Outlook for L.B. Foster Earnings

L.B. Foster Company (NASDAQ:FSTRFree Report) – Equities researchers at Sidoti increased their Q1 2027 EPS estimates for L.B. Foster in a note issued to investors on Tuesday, August 11th. Sidoti analyst J. Romero now expects that the basic materials company will post earnings of ($0.09) per share for the quarter, up from their prior forecast of ($0.10). The consensus estimate for L.B. Foster’s current full-year earnings is $1.74 per share.

L.B. Foster (NASDAQ:FSTRGet Free Report) last released its quarterly earnings results on Monday, August 10th. The basic materials company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.12). L.B. Foster had a return on equity of 7.64% and a net margin of 2.04%.The company had revenue of $138.55 million for the quarter, compared to analyst estimates of $134.49 million.

A number of other analysts have also issued reports on the stock. Zacks Research lowered shares of L.B. Foster from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings restated a “hold (c+)” rating on shares of L.B. Foster in a research note on Friday, August 7th. Finally, Wall Street Zen raised shares of L.B. Foster from a “buy” rating to a “strong-buy” rating in a research report on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $32.00.

Check Out Our Latest Analysis on L.B. Foster

L.B. Foster Price Performance

Shares of NASDAQ FSTR opened at $38.54 on Thursday. The firm has a market cap of $405.44 million, a PE ratio of 36.71, a price-to-earnings-growth ratio of 0.61 and a beta of 1.15. The company has a quick ratio of 1.28, a current ratio of 2.22 and a debt-to-equity ratio of 0.34. The business has a 50 day moving average price of $42.19 and a two-hundred day moving average price of $35.79. L.B. Foster has a fifty-two week low of $22.32 and a fifty-two week high of $45.81.

Institutional Trading of L.B. Foster

Several institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its holdings in shares of L.B. Foster by 7.4% during the second quarter. Geode Capital Management LLC now owns 238,041 shares of the basic materials company’s stock worth $5,207,000 after purchasing an additional 16,320 shares during the period. Rhumbline Advisers grew its position in shares of L.B. Foster by 5.7% during the 2nd quarter. Rhumbline Advisers now owns 9,667 shares of the basic materials company’s stock valued at $211,000 after buying an additional 525 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of L.B. Foster during the 2nd quarter valued at about $201,000. First Trust Advisors LP raised its stake in L.B. Foster by 1.5% during the second quarter. First Trust Advisors LP now owns 32,042 shares of the basic materials company’s stock worth $701,000 after acquiring an additional 461 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in L.B. Foster by 15.2% during the second quarter. Ameriprise Financial Inc. now owns 52,527 shares of the basic materials company’s stock worth $1,149,000 after acquiring an additional 6,920 shares during the period. Institutional investors own 80.63% of the company’s stock.

About L.B. Foster

(Get Free Report)

L.B. Foster Company is a diversified infrastructure solutions provider offering products and services to the transportation, energy, and construction markets. Founded in 1902 and headquartered in Pittsburgh, Pennsylvania, the company has built a reputation for delivering specialty materials and engineering solutions that support critical infrastructure projects across various industries.

The company’s operations are organized into three primary segments: Rail Products & Services, Construction Products, and Tubular & Energy Products.

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Earnings History and Estimates for L.B. Foster (NASDAQ:FSTR)

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