L.B. Foster (NASDAQ:FSTR) Raised to “Strong-Buy” at Zacks Research

Posted by George Bondi on Jun 4th, 2026

L.B. Foster (NASDAQ:FSTR – Get Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

Several other equities analysts have also commented on the company. B. Riley Financial raised their price objective on L.B. Foster from $27.00 to $32.00 and gave the company a “neutral” rating in a research report on Wednesday, March 4th. Wall Street Zen lowered L.B. Foster from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Finally, Weiss Ratings raised L.B. Foster from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $32.00.

Check Out Our Latest Report on FSTR

L.B. Foster Stock Performance

Shares of L.B. Foster stock opened at $41.62 on Tuesday. The company has a current ratio of 2.22, a quick ratio of 1.28 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $435.29 million, a P/E ratio of 40.40 and a beta of 1.15. The business has a fifty day simple moving average of $34.17 and a two-hundred day simple moving average of $30.67. L.B. Foster has a 12 month low of $18.66 and a 12 month high of $43.06.

L.B. Foster (NASDAQ:FSTR – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The basic materials company reported $0.14 EPS for the quarter, beating the consensus estimate of ($0.22) by $0.36. The business had revenue of $121.14 million during the quarter, compared to analyst estimates of $104.30 million. L.B. Foster had a return on equity of 6.36% and a net margin of 1.98%. On average, equities analysts forecast that L.B. Foster will post 1.74 earnings per share for the current fiscal year.

Insider Buying and Selling at L.B. Foster

In other news, major shareholder Aron R. English sold 78,414 shares of the firm’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $28.51, for a total transaction of $2,235,583.14. Following the completion of the transaction, the insider directly owned 1,107,508 shares in the company, valued at $31,575,053.08. This trade represents a 6.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 146,950 shares of company stock worth $4,161,706 in the last ninety days. 7.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On L.B. Foster

Several institutional investors and hedge funds have recently modified their holdings of FSTR. Geode Capital Management LLC increased 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 valued at $5,207,000 after acquiring an additional 16,320 shares in the last quarter. Rhumbline Advisers increased its holdings in shares of L.B. Foster by 5.7% during the second quarter. Rhumbline Advisers now owns 9,667 shares of the basic materials company’s stock valued at $211,000 after acquiring an additional 525 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of L.B. Foster during the second quarter valued at $201,000. First Trust Advisors LP increased its holdings in shares of 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 valued at $701,000 after acquiring an additional 461 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of 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 valued at $1,149,000 after acquiring an additional 6,920 shares in the last quarter. 80.63% of the stock is currently owned by institutional investors.

L.B. Foster Company Profile

(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.