Sidoti Csr Analysts Lower Earnings Estimates for L.B. Foster

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) - Analysts at Sidoti Csr cut their FY2025 earnings estimates for L.B. Foster in a research report issued on Wednesday, August 13th. Sidoti Csr analyst J. Romero now anticipates that the basic materials company will post earnings of $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 results on Monday, August 11th. The basic materials company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.25). The company had revenue of $143.56 million during the quarter, compared to the consensus estimate of $147.76 million. L.B. Foster had a return on equity of 3.64% and a net margin of 7.19%. L.B. Foster has set its FY 2025 guidance at EPS.

Other analysts have also recently issued reports about the stock. Wall Street Zen raised shares of L.B. Foster from a "hold" rating to a "buy" rating in a report on Saturday. Zacks Research cut shares of L.B. Foster from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 13th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, L.B. Foster has a consensus rating of "Reduce" and a consensus price target of $25.00.

L.B. Foster Stock Down 1.1%

Shares of NASDAQ:FSTR traded down $0.25 during midday trading on Friday, reaching $22.65. The company had a trading volume of 26,029 shares, compared to its average volume of 37,188. 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 stock's fifty day moving average price is $22.56 and its 200-day moving average price is $21.82. The stock has a market capitalization of $240.04 million, a P/E ratio of 6.82 and a beta of 0.98. L.B. Foster has a one year low of $17.16 and a one year high of $29.77.

Hedge Funds Weigh In On L.B. Foster

A number of institutional investors and hedge funds have recently bought and sold shares of FSTR. First Horizon Advisors Inc. increased its stake in L.B. Foster by 250.1% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,348 shares of the basic materials company's stock valued at $29,000 after buying an additional 963 shares during the period. Tower Research Capital LLC TRC increased its stake in L.B. Foster by 189.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,131 shares of the basic materials company's stock valued at $47,000 after buying an additional 1,395 shares during the period. State of Wyoming acquired a new position in L.B. Foster during the 2nd quarter valued at about $122,000. BNP Paribas Financial Markets increased its stake in L.B. Foster by 197.2% during the 4th quarter. BNP Paribas Financial Markets now owns 6,368 shares of the basic materials company's stock valued at $171,000 after buying an additional 4,225 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new position in L.B. Foster during the 2nd quarter valued at about $201,000. Institutional investors 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.