L.B. Foster (NASDAQ:FSTR – Free Report) – Research analysts at B. Riley issued their Q1 2025 earnings per share (EPS) estimates for L.B. Foster in a note issued to investors on Wednesday, March 26th. B. Riley analyst L. Burke expects that the basic materials company will earn $0.03 per share for the quarter. B. Riley currently has a “Hold” rating on the stock. The consensus estimate for L.B. Foster’s current full-year earnings is $1.16 per share. B. Riley also issued estimates for L.B. Foster’s Q2 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.37 EPS, FY2025 earnings at $1.68 EPS and FY2026 earnings at $1.94 EPS.
Separately, StockNews.com cut L.B. Foster from a “strong-buy” rating to a “buy” rating in a research report on Thursday, March 6th.
L.B. Foster Trading Up 1.5 %
Shares of FSTR opened at $19.98 on Monday. The company has a current ratio of 2.27, a quick ratio of 1.30 and a debt-to-equity ratio of 0.37. The stock has a market cap of $214.84 million, a PE ratio of 5.14 and a beta of 0.97. L.B. Foster has a 1 year low of $14.23 and a 1 year high of $30.77. The stock has a 50 day simple moving average of $24.67 and a 200-day simple moving average of $24.24.
L.B. Foster declared that its board has approved a share repurchase program on Tuesday, March 4th that allows the company to repurchase $40.00 million in outstanding shares. This repurchase authorization allows the basic materials company to buy up to 16.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.
Hedge Funds Weigh In On L.B. Foster
Several institutional investors have recently added to or reduced their stakes in the company. MetLife Investment Management LLC increased its holdings in shares of L.B. Foster by 129.1% during the third quarter. MetLife Investment Management LLC now owns 5,329 shares of the basic materials company’s stock worth $109,000 after buying an additional 3,003 shares in the last quarter. BNP Paribas Financial Markets grew its position in L.B. Foster by 197.2% during the 4th quarter. BNP Paribas Financial Markets now owns 6,368 shares of the basic materials company’s stock worth $171,000 after acquiring an additional 4,225 shares during the last quarter. Lazard Asset Management LLC bought a new stake in L.B. Foster during the 4th quarter worth approximately $349,000. Finally, Hillsdale Investment Management Inc. acquired a new stake in L.B. Foster during the 4th quarter valued at $1,784,000. 80.63% of the stock is owned by institutional investors.
About L.B. Foster
L.B. Foster Company provides engineered and manufactured products and services for the building and infrastructure projects in the United States, Canada, the United Kingdom, and internationally. It operates through two segments: Rail, Technologies, and Services; and Infrastructure Solutions. The Rail, Technologies, and Services segment offers new rail to passenger and short line freight railroads, industrial companies, and rail contractors, as well as used rails; rail accessories, such as rack spikes, bolts, angle bars, tie plates, and other products; insulated rail joints and related accessories; fixation fasteners, coverboards, and special accessories; and trackwork products.
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