L.B. Foster (NASDAQ:FSTR) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded L.B. Foster from “hold” to “strong-buy,” while Weiss Ratings lowered its assessment slightly. Despite the upgrade, the broader analyst consensus remains “Hold,” with an average price target of $32.
• L.B. Foster reported quarterly EPS of $0.64, above the $0.60 consensus, and revenue of $168 million, exceeding expectations of $152.19 million.
• The stock opened at $39.75 and was up 1.7%; it has traded between $25.66 and $45.81 over the past year.

L.B. Foster (NASDAQ:FSTR - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "strong-buy" rating in a research note issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings downgraded shares of L.B. Foster from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $32.00.

L.B. Foster Stock Up 1.7%

NASDAQ FSTR opened at $39.75 on Friday. The stock's 50 day moving average is $36.73 and its two-hundred day moving average is $36.06. The company has a current ratio of 2.00, a quick ratio of 1.15 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $418.17 million, a price-to-earnings ratio of 30.81, a PEG ratio of 0.56 and a beta of 1.17. L.B. Foster has a 1-year low of $25.66 and a 1-year high of $45.81.

L.B. Foster (NASDAQ:FSTR - Get Free Report) last issued its earnings results on Wednesday, November 4th. The basic materials company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.04. L.B. Foster had a net margin of 2.04% and a return on equity of 7.61%. The business had revenue of $168.00 million during the quarter, compared to the consensus estimate of $152.19 million. Equities analysts forecast that L.B. Foster will post 1.86 earnings per share for the current fiscal year.

Institutional Trading of L.B. Foster

Several large investors have recently made changes to their positions in FSTR. Assenagon Asset Management S.A. raised its holdings in shares of L.B. Foster by 43.3% in the second quarter. Assenagon Asset Management S.A. now owns 40,176 shares of the basic materials company's stock valued at $1,815,000 after purchasing an additional 12,141 shares during the last quarter. De Lisle Partners LLP purchased a new stake in L.B. Foster in the second quarter worth $1,378,000. Janney Montgomery Scott LLC grew its position in shares of L.B. Foster by 2.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 22,763 shares of the basic materials company's stock worth $635,000 after buying an additional 482 shares during the last quarter. Royal Bank of Canada raised its stake in shares of L.B. Foster by 74.3% during the 1st quarter. Royal Bank of Canada now owns 21,558 shares of the basic materials company's stock worth $601,000 after buying an additional 9,191 shares during the period. Finally, Empowered Funds LLC raised its position in shares of L.B. Foster by 8.0% during the 1st quarter. Empowered Funds LLC now owns 16,665 shares of the basic materials company's stock valued at $465,000 after buying an additional 1,232 shares during the period. Institutional investors and hedge funds own 80.63% of the company's stock.

L.B. Foster News Summary

Here are the key news stories impacting L.B. Foster this week:

• Positive Sentiment: Sidoti raised its FY2026 EPS forecast to $1.84 from $1.79 and its Q4 2026 estimate to $0.58 from $0.57. It also lifted its FY2028 forecast to $2.70 from $2.54 and Q3 2028 to $1.00 from $0.90, signaling improved expectations for those periods. Sidoti estimate revisions
• Positive Sentiment: A recent Q3 2026 deep dive cited strong sales momentum and a new acquisition as factors behind an upbeat outlook. The company’s reported quarterly results also beat consensus estimates for EPS and revenue. FSTR Q3 2026 deep dive
• Neutral Sentiment: Sidoti’s revisions were mixed overall: its FY2027 EPS forecast is now $1.99, below its prior $2.17 estimate, while the new FY2026 and FY2027 forecasts are $1.84 and $1.99, respectively. Sidoti estimate revisions
• Negative Sentiment: Sidoti reduced estimates for Q2 2027 EPS to $0.61 from $0.71 and Q3 2027 to $0.76 from $0.80. It also trimmed Q2 2028 to $0.81 from $0.82, tempering the otherwise more favorable longer-term revisions. Sidoti estimate revisions

About L.B. Foster

L.B. Foster Company NASDAQ: FSTR is a Pittsburgh-based manufacturer and supplier of products, technologies and services used in transportation and industrial infrastructure. The company serves customers primarily in the rail, construction and energy markets, providing solutions designed to support the construction, maintenance and operation of critical infrastructure.

In its rail business, L.B. Foster offers rail and track products such as rail joints, fastening systems, track components and related maintenance solutions.

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