Q1 Earnings Estimate for L.B. Foster Issued By B. Riley

L.B. Foster (NASDAQ:FSTR - Free Report) - Investment analysts at B. Riley issued their Q1 2025 earnings per share estimates for 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 $0.03 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. B. Riley also issued estimates for L.B. Foster's Q2 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.37 EPS, FY2025 earnings at $1.68 EPS and FY2026 earnings at $1.94 EPS.

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

L.B. Foster Price Performance

FSTR stock traded down $1.90 during trading on Monday, reaching $18.56. 93,666 shares of the company were exchanged, compared to its average volume of 55,393. The company has a market capitalization of $199.58 million, a price-to-earnings ratio of 4.77 and a beta of 0.97. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.27 and a quick ratio of 1.30. The company has a 50-day moving average of $24.34 and a two-hundred day moving average of $24.17. L.B. Foster has a twelve month low of $14.23 and a twelve month high of $30.77.

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L.B. Foster declared that its Board of Directors has initiated a stock buyback program on Tuesday, March 4th that authorizes the company to buyback $40.00 million in shares. This buyback authorization authorizes the basic materials company to repurchase up to 16.4% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Lazard Asset Management LLC acquired a new stake in L.B. Foster during the 4th quarter worth approximately $349,000. BNP Paribas Financial Markets raised its stake 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 acquiring an additional 4,225 shares during the last quarter. Hillsdale Investment Management Inc. acquired a new position in shares of L.B. Foster during the fourth quarter worth $1,784,000. Finally, MetLife Investment Management LLC grew its stake in shares of L.B. Foster by 129.1% in the third quarter. MetLife Investment Management LLC now owns 5,329 shares of the basic materials company's stock worth $109,000 after purchasing an additional 3,003 shares during the last quarter. Institutional investors and hedge funds own 80.63% of the company's stock.

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.