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

L.B. Foster (NASDAQ:FSTR - Free Report) - Equities researchers at B. Riley issued their Q3 2025 EPS estimates for shares of L.B. Foster in a research report issued on Wednesday, March 26th. B. Riley analyst L. Burke expects that the basic materials company will post earnings of $0.63 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.

Separately, StockNews.com downgraded L.B. Foster from a "strong-buy" rating to a "buy" rating in a research note on Thursday, March 6th.

L.B. Foster Stock Up 1.3 %

Shares of FSTR traded up $0.26 on Friday, hitting $19.94. The company's stock had a trading volume of 11,354 shares, compared to its average volume of 41,043. 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 $214.43 million, a price-to-earnings ratio of 5.16 and a beta of 0.97. The firm's fifty day moving average price is $24.82 and its 200-day moving average price is $24.24. L.B. Foster has a fifty-two week low of $14.23 and a fifty-two week high of $30.77.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. MetLife Investment Management LLC boosted its holdings in shares of 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 buying an additional 3,003 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in L.B. Foster by 197.2% in the fourth quarter. BNP Paribas Financial Markets now owns 6,368 shares of the basic materials company's stock valued at $171,000 after acquiring an additional 4,225 shares during the last quarter. Lazard Asset Management LLC bought a new position in shares of L.B. Foster in the 4th quarter valued at about $349,000. De Lisle Partners LLP raised its holdings in shares of 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 valued at $961,000 after purchasing an additional 5,000 shares during the period. Finally, Hillsdale Investment Management Inc. bought a new position in L.B. Foster during the fourth quarter worth about $1,784,000. 80.63% of the stock is currently owned by institutional investors.

Remove Ads

L.B. Foster announced that its board has initiated a share buyback plan on Tuesday, March 4th that allows the company to repurchase $40.00 million in shares. This repurchase authorization allows the basic materials company to repurchase up to 16.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is 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.