L.B. Foster (NASDAQ:FSTR – Free 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.
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
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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