B. Riley Comments on L.B. Foster’s Q3 Earnings (NASDAQ:FSTR)

L.B. Foster (NASDAQ:FSTRFree Report) – Stock analysts at B. Riley issued their Q3 2025 earnings per share estimates for shares of L.B. Foster in a research note issued to investors on Wednesday, March 26th. B. Riley analyst L. Burke forecasts that the basic materials company will post earnings of $0.63 per share for the quarter. B. Riley has a “Hold” rating on the stock. The consensus estimate for L.B. Foster’s current full-year earnings is $1.16 per share.

Separately, StockNews.com cut shares of L.B. Foster from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 6th.

Read Our Latest Research Report on FSTR

L.B. Foster Trading Down 1.2 %

NASDAQ FSTR opened at $20.58 on Friday. The stock’s 50 day moving average is $25.14 and its 200 day moving average is $24.16. The company has a quick ratio of 1.30, a current ratio of 2.27 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $221.30 million, a PE ratio of 5.29 and a beta of 0.97. L.B. Foster has a twelve month low of $14.23 and a twelve month high of $30.77.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Lazard Asset Management LLC purchased a new position in shares of L.B. Foster in the 4th quarter worth about $349,000. BNP Paribas Financial Markets grew its holdings in shares of L.B. Foster by 197.2% during the fourth quarter. BNP Paribas Financial Markets now owns 6,368 shares of the basic materials company’s stock valued at $171,000 after buying an additional 4,225 shares during the last quarter. Hillsdale Investment Management Inc. bought a new stake in shares of L.B. Foster during the fourth quarter valued at approximately $1,784,000. De Lisle Partners LLP raised its holdings in L.B. Foster by 11.9% in the 3rd quarter. De Lisle Partners LLP now owns 46,944 shares of the basic materials company’s stock worth $961,000 after acquiring an additional 5,000 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its position in L.B. Foster by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 5,329 shares of the basic materials company’s stock valued at $109,000 after acquiring an additional 3,003 shares in the last quarter. Hedge funds and other institutional investors own 80.63% of the company’s stock.

L.B. Foster declared that its board has initiated a stock buyback plan on Tuesday, March 4th that authorizes the company to buyback $40.00 million in outstanding shares. This buyback authorization authorizes the basic materials company to reacquire up to 16.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

About L.B. Foster

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

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