L.B. Foster (NASDAQ:FSTR - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect L.B. Foster to post earnings of $0.01 per share and revenue of $114.40 million for the quarter.
L.B. Foster Price Performance
Shares of L.B. Foster stock traded up $0.44 during trading on Friday, hitting $20.59. 18,839 shares of the stock traded hands, compared to its average volume of 55,711. The stock has a market cap of $220.29 million, a price-to-earnings ratio of 5.29 and a beta of 0.99. The company has a quick ratio of 1.30, a current ratio of 2.27 and a debt-to-equity ratio of 0.37. L.B. Foster has a 52 week low of $14.23 and a 52 week high of $30.77. The firm's fifty day moving average is $20.60 and its 200-day moving average is $24.13.
L.B. Foster declared that its board has approved a stock repurchase program on Tuesday, March 4th that allows the company to buyback $40.00 million in outstanding shares. This buyback authorization allows the basic materials company to purchase up to 16.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on FSTR shares. StockNews.com cut L.B. Foster from a "strong-buy" rating to a "buy" rating in a research note on Thursday, March 6th. B. Riley began coverage on shares of L.B. Foster in a report on Thursday, March 27th. They issued a "neutral" rating and a $25.00 price target on the stock.
Read Our Latest Report on L.B. Foster
L.B. Foster Company Profile
(
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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.
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