B. Riley Issues Optimistic Outlook for L.B. Foster Earnings

L.B. Foster (NASDAQ:FSTR - Free Report) - Equities research analysts at B. Riley increased their Q2 2025 earnings per share (EPS) estimates for shares of L.B. Foster in a research note issued to investors on Wednesday, May 7th. B. Riley analyst L. Burke now anticipates that the basic materials company will post earnings per share of $0.70 for the quarter, up from their prior forecast of $0.64. 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 Q3 2025 earnings at $0.78 EPS, Q4 2025 earnings at $0.45 EPS, FY2025 earnings at $1.73 EPS and FY2026 earnings at $1.88 EPS.

Separately, StockNews.com lowered shares of L.B. Foster from a "buy" rating to a "hold" rating in a report on Thursday.

L.B. Foster Stock Down 0.4 %

Shares of FSTR stock traded down $0.08 during trading on Thursday, hitting $18.09. 16,777 shares of the company were exchanged, compared to its average volume of 54,499. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.30 and a current ratio of 2.27. The firm has a market capitalization of $191.01 million, a price-to-earnings ratio of 4.65 and a beta of 0.95. The business's 50-day simple moving average is $19.91 and its 200 day simple moving average is $24.10. L.B. Foster has a twelve month low of $14.23 and a twelve month high of $30.77.

L.B. Foster (NASDAQ:FSTR - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The basic materials company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.21). L.B. Foster had a return on equity of 6.01% and a net margin of 7.96%. The business had revenue of $97.79 million for the quarter, compared to analyst estimates of $114.40 million.

Hedge Funds Weigh In On L.B. Foster

Large investors have recently modified their holdings of the company. BNP Paribas Financial Markets boosted its holdings in L.B. Foster by 197.2% in the 4th quarter. BNP Paribas Financial Markets now owns 6,368 shares of the basic materials company's stock worth $171,000 after buying an additional 4,225 shares during the period. Lazard Asset Management LLC purchased a new position in L.B. Foster during the 4th quarter valued at about $349,000. Finally, Hillsdale Investment Management Inc. bought a new position in L.B. Foster in the 4th quarter worth about $1,784,000. 80.63% of the stock is currently owned by institutional investors.

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