Sidoti Comments on L.B. Foster’s Q1 Earnings (NASDAQ:FSTR)

L.B. Foster Company (NASDAQ:FSTR) – Stock analysts at Sidoti upped their Q1 2027 earnings per share (EPS) estimates for L.B. Foster in a note issued to investors on Tuesday, August 11th. Sidoti analyst J. Romero now forecasts that the basic materials company will post earnings per share of ($0.09) for the quarter, up from their previous forecast of ($0.10). The consensus estimate for L.B. Foster’s current full-year earnings is $1.74 per share.

L.B. Foster (NASDAQ:FSTR) last announced its quarterly earnings results on Monday, August 10th. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.12). The firm had revenue of $138.55 million for the quarter, compared to analyst estimates of $134.49 million. L.B. Foster had a net margin of 2.04% and a return on equity of 7.64%.

Several other research firms have also recently commented on FSTR. Wall Street Zen upgraded shares of L.B. Foster from a “buy” rating to a “strong-buy” rating in a research report on Monday, June 8th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of L.B. Foster in a report on Friday, August 7th. Finally, Zacks Research downgraded L.B. Foster from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $32.00.

L.B. Foster Stock Up 1.6%

FSTR stock opened at $38.54 on Thursday. The stock has a market cap of $405.44 million, a PE ratio of 36.71, a price-to-earnings-growth ratio of 0.61 and a beta of 1.15. The firm’s 50-day simple moving average is $42.19 and its 200 day simple moving average is $35.79. L.B. Foster has a fifty-two week low of $22.32 and a fifty-two week 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.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Comerica Bank lifted its position in L.B. Foster by 356.7% in the third quarter. Comerica Bank now owns 1,466 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 1,145 shares during the period. Fifth Third Bancorp acquired a new position in shares of L.B. Foster during the 1st quarter valued at $47,000. Tower Research Capital LLC TRC raised its stake in shares of L.B. Foster by 189.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,131 shares of the basic materials company’s stock worth $47,000 after buying an additional 1,395 shares in the last quarter. State of Wyoming acquired a new stake in shares of L.B. Foster in the second quarter valued at $122,000. Finally, BNP Paribas Financial Markets lifted its holdings in shares of L.B. Foster by 469.1% in the third quarter. BNP Paribas Financial Markets now owns 5,765 shares of the basic materials company’s stock valued at $155,000 after buying an additional 4,752 shares during the period. Institutional investors and hedge funds own 80.63% of the company’s stock.

About L.B. Foster

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.