Sidoti Comments on L.B. Foster's Q3 Earnings (NASDAQ:FSTR)

Key Points

• Sidoti lowered its Q3 2026 EPS estimate for L.B. Foster to $0.59 from $0.66 and forecasts Q4 EPS of $0.57. Analysts’ consensus rating remains “Hold,” with a $32 price target.
• L.B. Foster reported quarterly EPS of $0.29, missing the $0.41 consensus estimate, although revenue of $138.55 million exceeded expectations. The stock opened at $37.94, down 4.1%.
• Despite weaker quarterly profitability, the company reaffirmed 2026 revenue guidance of $540 million–$580 million and adjusted EBITDA guidance of $41 million–$46 million, while reducing debt and benefiting from stronger operating cash flow and backlog growth.

L.B. Foster Company (NASDAQ:FSTR - Free Report) - Sidoti decreased their Q3 2026 EPS estimates for shares of L.B. Foster in a research note issued to investors on Tuesday, August 11th. Sidoti analyst J. Romero now expects that the basic materials company will post earnings per share of $0.59 for the quarter, down from their previous estimate of $0.66. The consensus estimate for L.B. Foster's current full-year earnings is $1.74 per share. Sidoti also issued estimates for L.B. Foster's Q4 2026 earnings at $0.57 EPS.

Several other equities analysts have also issued reports on FSTR. Wall Street Zen upgraded L.B. Foster from a "buy" rating to a "strong-buy" rating in a research note on Monday, June 8th. Zacks Research lowered L.B. Foster from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 6th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of L.B. Foster in a research note on Friday. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $32.00.

L.B. Foster Stock Down 4.1%

NASDAQ FSTR opened at $37.94 on Wednesday. The business has a fifty day moving average price of $42.25 and a two-hundred day moving average price of $35.73. The stock has a market capitalization of $396.85 million, a PE ratio of 36.13, a PEG ratio of 0.63 and a beta of 1.15. L.B. Foster has a fifty-two week low of $22.32 and a fifty-two week high of $45.81. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.22 and a quick ratio of 1.28.

L.B. Foster (NASDAQ:FSTR - Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.12). L.B. Foster had a net margin of 2.04% and a return on equity of 7.64%. The firm had revenue of $138.55 million during the quarter, compared to the consensus estimate of $134.49 million.

Institutional Investors Weigh In On L.B. Foster

A number of hedge funds and other institutional investors have recently bought and sold shares of FSTR. Bragg Financial Advisors Inc raised its position in L.B. Foster by 0.4% in the fourth quarter. Bragg Financial Advisors Inc now owns 113,765 shares of the basic materials company's stock valued at $3,066,000 after purchasing an additional 416 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of L.B. Foster by 1.5% during the second quarter. First Trust Advisors LP now owns 32,042 shares of the basic materials company's stock worth $701,000 after purchasing an additional 461 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of L.B. Foster by 2.2% in the first quarter. Janney Montgomery Scott LLC now owns 22,763 shares of the basic materials company's stock valued at $635,000 after buying an additional 482 shares during the period. Rhumbline Advisers increased its stake in shares of L.B. Foster by 5.7% in the second quarter. Rhumbline Advisers now owns 9,667 shares of the basic materials company's stock valued at $211,000 after buying an additional 525 shares during the period. Finally, Comerica Bank raised its holdings in L.B. Foster by 356.7% in the 3rd quarter. Comerica Bank now owns 1,466 shares of the basic materials company's stock valued at $40,000 after buying an additional 1,145 shares during the last quarter. Institutional investors own 80.63% of the company's stock.

Key L.B. Foster News

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

• Positive Sentiment: Operating cash flow surged 71.7% year over year to $17.9 million, helping L.B. Foster reduce total debt 41.2% to $48.0 million and lower gross leverage to 1.0x. Free cash flow rose 85% to $14.3 million. L.B. Foster Announces Second Quarter Results
• Positive Sentiment: Gross margin expanded 80 basis points to 22.3%, while net income increased 7.9% to $3.1 million. For the first six months, sales grew 7.6%, adjusted EBITDA rose 19.6%, and net income increased to $4.6 million. L.B. Foster Reports Second-Quarter 2026 Results
• Positive Sentiment: Management reaffirmed 2026 revenue guidance of $540 million to $580 million and adjusted EBITDA guidance of $41 million to $46 million. Backlog increased 17.4% sequentially, led by Rail, supporting expectations for second-half growth. L.B. Foster Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Institutional positioning was mixed: 50 investors increased holdings while 32 reduced positions in their latest reported quarters. Reported short interest of zero shares is likely a data-quality issue, so it provides no meaningful signal.
• Negative Sentiment: Second-quarter net sales fell 3.5% to $138.6 million, and adjusted EBITDA declined 4.7% to $11.7 million. Operating income dropped nearly 20% amid higher personnel costs and $2.6 million in costs related to exiting certain UK product lines. L.B. Foster Q2 Earnings Key Metrics
• Negative Sentiment: The company’s reported diluted EPS of $0.29 was below the $0.41 consensus estimate cited by MarketBeat, although some syndicated reports show conflicting EPS figures. Infrastructure backlog remained 24.8% below the prior-year level, and insiders reported nine sales with no purchases over the past six months. L.B. Foster Earnings Report

About L.B. Foster

L.B. Foster Company is a diversified infrastructure solutions provider offering products and services to the transportation, energy, and construction markets. Founded in 1902 and headquartered in Pittsburgh, Pennsylvania, the company has built a reputation for delivering specialty materials and engineering solutions that support critical infrastructure projects across various industries.

The company's operations are organized into three primary segments: Rail Products & Services, Construction Products, and Tubular & Energy Products.

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