Shares of L.B. Foster Co (NASDAQ:FSTR) have received an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokerages have set a 1-year consensus price target of $30.00 for the company and are forecasting that the company will post $0.51 EPS for the current quarter, according to Zacks. Zacks has also given L.B. Foster an industry rank of 220 out of 256 based on the ratings given to its competitors.
Several analysts recently commented on FSTR shares. ValuEngine cut WideOpenWest from a “hold” rating to a “sell” rating in a research report on Friday, June 28th. B. Riley restated a “neutral” rating on shares of Finisar in a research report on Friday, June 14th. Zacks Investment Research cut General Finance from a “buy” rating to a “hold” rating in a research report on Monday. Finally, BidaskClub raised Zynerba Pharmaceuticals from a “hold” rating to a “buy” rating in a research note on Thursday, July 4th.
L.B. Foster stock traded down $0.33 during trading on Thursday, hitting $26.27. The company’s stock had a trading volume of 593 shares, compared to its average volume of 50,215. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.88 and a quick ratio of 0.85. The stock has a fifty day moving average price of $24.96. The stock has a market capitalization of $278.04 million, a PE ratio of 22.63 and a beta of 1.83. L.B. Foster has a 1-year low of $13.91 and a 1-year high of $27.74.
L.B. Foster (NASDAQ:FSTR) last posted its earnings results on Thursday, May 9th. The basic materials company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.13 by $0.22. L.B. Foster had a positive return on equity of 11.45% and a negative net margin of 4.21%. The firm had revenue of $150.47 million for the quarter, compared to analysts’ expectations of $132.25 million. Equities research analysts forecast that L.B. Foster will post 1.94 EPS for the current fiscal year.
About L.B. Foster
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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