What is Sidoti’s Estimate for L.B. Foster FY2028 Earnings?

L.B. Foster Company (NASDAQ:FSTR) – Stock analysts at Sidoti issued their FY2028 earnings estimates for L.B. Foster in a research note issued on Thursday, June 25th. Sidoti analyst J. Romero expects that the basic materials company will post earnings per share of $2.54 for the year. The consensus estimate for L.B. Foster’s current full-year earnings is $1.74 per share.

A number of other equities analysts have also recently issued reports on the stock. B. Riley Financial boosted their price objective on shares of L.B. Foster from $27.00 to $32.00 and gave the company a “neutral” rating in a research report on Wednesday, March 4th. Zacks Research raised L.B. Foster from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 2nd. Wall Street Zen upgraded L.B. Foster from a “buy” rating to a “strong-buy” rating in a report on Monday, June 8th. 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 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 company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $32.00.

L.B. Foster Trading Up 3.1%

Shares of FSTR opened at $44.64 on Friday. The stock has a market capitalization of $466.93 million, a P/E ratio of 43.34 and a beta of 1.15. L.B. Foster has a twelve month low of $21.37 and a twelve month high of $45.81. The company has a quick ratio of 1.28, a current ratio of 2.22 and a debt-to-equity ratio of 0.34. The firm has a fifty day simple moving average of $38.53 and a two-hundred day simple moving average of $32.45.

L.B. Foster (NASDAQ:FSTR) last issued its earnings results on Monday, May 4th. The basic materials company reported $0.14 EPS for the quarter, topping the consensus estimate of ($0.22) by $0.36. L.B. Foster had a net margin of 1.98% and a return on equity of 6.36%. The company had revenue of $121.14 million for the quarter, compared to the consensus estimate of $104.30 million.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FSTR. Brandes Investment Partners LP raised its stake in L.B. Foster by 1.5% during the fourth quarter. Brandes Investment Partners LP now owns 1,360,415 shares of the basic materials company’s stock valued at $36,663,000 after buying an additional 20,371 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of L.B. Foster by 7.4% in the second quarter. Geode Capital Management LLC now owns 238,041 shares of the basic materials company’s stock worth $5,207,000 after acquiring an additional 16,320 shares during the last quarter. State Street Corp increased its holdings in shares of L.B. Foster by 2.4% during the fourth quarter. State Street Corp now owns 145,647 shares of the basic materials company’s stock valued at $3,925,000 after acquiring an additional 3,349 shares in the last quarter. Teton Advisors LLC bought a new position in shares of L.B. Foster during the third quarter valued at $3,767,000. Finally, Bragg Financial Advisors Inc raised its position in shares of L.B. Foster by 0.4% in the 4th quarter. Bragg Financial Advisors Inc now owns 113,765 shares of the basic materials company’s stock worth $3,066,000 after purchasing an additional 416 shares during the last quarter. Institutional investors own 80.63% of the company’s stock.

Insider Activity

In other news, major shareholder Aron R. English sold 38,431 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $28.05, for a total value of $1,077,989.55. Following the sale, the insider directly owned 1,027,255 shares of the company’s stock, valued at $28,814,502.75. The trade was a 3.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 7.60% of the company’s stock.

L.B. Foster Company Profile

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.