Forterra (FORT) Share Price, News & Analysis

Company Overview

Forterra is a leading UK manufacturer of essential clay and concrete building products, with a unique combination of strong market positions in clay bricks, concrete blocks and precast concrete flooring. Our heritage dates back many decades and the durability, longevity and inherent sustainability of our products is evident in the construction of buildings that last for generations; wherever you are in Britain, you won't be far from a building with a Forterra product within its fabric. Our clay brick business combines our extensive secure mineral reserves with modern and efficient high-volume manufacturing processes to produce large quantities of extruded and soft mud bricks, primarily for the new build housing market. We are also the sole manufacturer of the iconic Fletton brick, sold under the London Brick brand, used in the original construction of nearly a quarter of England's housing stock and today used extensively by homeowners carrying out extension or improvement work. Within our concrete blocks business, we are one of the leading producers of aircrete and aggregate blocks, the former being sold under one of the sector's principal brands of Thermalite. Our precast concrete products are sold under the established Bison Precast brand, and are utilised in a wide spectrum of applications, from new build housing to commercial and infrastructure.

Key Stats

• Today's Range: 160.40 to 169.80
• 50-Day Range: 163.20 to 194.60
• 52-Week Range: 146.40 to 200.50
• Volume: 229,097 shs
• Average Volume: 395,944 shs
• Market Capitalization: £338.07 million
• P/E Ratio: 4,085.00
• Dividend Yield: 1.84%
• Price Target: GBX 180.87
• Consensus Rating: Hold

Forterra Stock Analysis - MarketRank™

Forterra scored higher than 21% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Forterra has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Forterra has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Forterra is 4,120.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 112.77.

Price to Earnings Ratio vs. Sector

The P/E ratio of Forterra is 4,120.00, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 109.33.

Price to Earnings Growth Ratio

Forterra has a PEG Ratio of 0.30. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Forterra has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FORT.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Forterra pays a meaningful dividend of 1.75%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Forterra does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Forterra is 7,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for FORT.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Forterra has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Forterra this week, compared to 1 article on an average week.

Search Interest

1 people have searched for FORT on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Forterra insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.91% of the stock of Forterra is held by insiders.

Percentage Held by Institutions

71.85% of the stock of Forterra is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FORT Stock Analysis - Frequently Asked Questions

How have FORT shares performed this year?

Forterra's stock was trading at GBX 176.80 at the beginning of 2024. Since then, FORT shares have decreased by 6.8% and is now trading at GBX 164.80.
View the best growth stocks for 2024 here.

How do I buy shares of Forterra?

Shares of FORT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of Forterra own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Forterra investors own include Jack in the Box (JACK), TJX Companies (TJX), Anglo American (AAL), Intel (INTC), Legal & General Group (LGEN), Merck & Co., Inc. (MRK) and Plus500 (PLUS).

Company Calendar

• Ex-Dividend for 10/11 Dividend: 9/19/2024
• Dividend Payable: 10/11/2024
• Today: 12/27/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Building Materials
• Sub-Industry: N/A
• Current Symbol: LON:FORT
• CUSIP: N/A
• CIK: N/A
• Web: forterraplc.co.uk
• Phone: +44-1604-707600
• Fax: N/A
• Employees: 1,787
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 180.87
• High Stock Price Target: GBX 210
• Low Stock Price Target: GBX 162.60
• Potential Upside/Downside: +10.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.04
• Trailing P/E Ratio: 4,105.00
• Forward P/E Ratio: 13.70
• P/E Growth: 0.3
• Net Income: £8 million
• Net Margins: 2.46%
• Pretax Margin: N/A
• Return on Equity: 3.73%
• Return on Assets: 4.97%

Debt

• Debt-to-Equity Ratio: 62.10
• Current Ratio: 1.79
• Quick Ratio: 0.82

Sales & Book Value

• Annual Sales: £325.30 million
• Price / Sales: 1.04
• Cash Flow: GBX 13.35 per share
• Price / Cash Flow: 12.30
• Book Value: GBX 104 per share
• Price / Book: 1.58

Miscellaneous

• Outstanding Shares: 206,900,000
• Free Float: N/A
• Market Cap: £339.73 million
• Optionable: Not Optionable
• Beta: 1.25