Sidoti Csr Issues Negative Forecast for L.B. Foster Earnings

Key Points

• Sidoti Csr has reduced its FY2025 earnings estimates for L.B. Foster to $1.19 per share, down from $1.56, while the consensus forecast is $1.16.
• L.B. Foster reported Q2 earnings of $0.27 per share, missing expectations of $0.52, with revenue also falling short at $143.56 million.
• Institutional investors hold 80.63% of L.B. Foster's stock, with notable increases in positions by First Horizon Advisors and BNP Paribas Financial Markets.

L.B. Foster Company (NASDAQ:FSTR - Free Report) - Equities researchers at Sidoti Csr cut their FY2025 earnings estimates for shares of L.B. Foster in a research report issued on Wednesday, August 13th. Sidoti Csr analyst J. Romero now expects that the basic materials company will earn $1.19 per share for the year, down from their prior estimate of $1.56. The consensus estimate for L.B. Foster's current full-year earnings is $1.16 per share. Sidoti Csr also issued estimates for L.B. Foster's Q1 2026 earnings at $0.01 EPS.

L.B. Foster (NASDAQ:FSTR - Get Free Report) last issued its quarterly earnings data on Monday, August 11th. The basic materials company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.25). L.B. Foster had a net margin of 7.19% and a return on equity of 3.64%. The firm had revenue of $143.56 million during the quarter, compared to analyst estimates of $147.76 million.

Separately, Wall Street Zen raised L.B. Foster from a "hold" rating to a "buy" rating in a research report on Saturday.

L.B. Foster Stock Up 2.7%

L.B. Foster stock traded up $0.61 during midday trading on Friday, hitting $23.17. 2,429 shares of the stock were exchanged, compared to its average volume of 37,172. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.53 and a quick ratio of 1.43. The company has a 50 day moving average price of $22.41 and a two-hundred day moving average price of $21.85. The firm has a market cap of $245.60 million, a P/E ratio of 6.98 and a beta of 0.98. L.B. Foster has a 1 year low of $17.16 and a 1 year high of $29.77.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. First Horizon Advisors Inc. boosted its holdings in L.B. Foster by 250.1% in the second quarter. First Horizon Advisors Inc. now owns 1,348 shares of the basic materials company's stock worth $29,000 after purchasing an additional 963 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of L.B. Foster by 189.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,131 shares of the basic materials company's stock worth $47,000 after buying an additional 1,395 shares in the last quarter. BNP Paribas Financial Markets raised its position 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 purchasing an additional 4,225 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in L.B. Foster during the second quarter valued at approximately $201,000. Finally, Marion Wealth Management acquired a new position in L.B. Foster during the 2nd quarter worth approximately $210,000. Institutional investors and hedge funds own 80.63% of the company's stock.

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.