NASDAQ:FRTA - Forterra Stock Price, Price Target & More

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$8.83 +0.04 (+0.46 %)
(As of 05/22/2018 06:00 AM ET)
Previous Close$8.83
Today's Range$8.73 - $8.95
52-Week Range$3.02 - $12.30
Volume172,116 shs
Average Volume457,092 shs
Market Capitalization$564.53 million
P/E RatioN/A
Dividend YieldN/A
Beta0.88

About Forterra (NASDAQ:FRTA)

Forterra logoForterra, Inc. manufactures and sells water and drainage pipe and products in the United States and Eastern Canada. It also manufactures structural and specialty precast products, and precast concrete bridge girders; and pressure, prestressed concrete, and bar-wrapped concrete pipes. The company serves water-related infrastructure applications, including water transmission, distribution, and drainage; and contractors, distributors, municipalities, and utilities waterworks. Forterra, Inc. was founded in 2016 and is headquartered in Irving, Texas.

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Industry, Sector and Symbol

Industry Concrete products, not elsewhere classified
Sub-IndustryN/A
SectorConstruction
SymbolNASDAQ:FRTA
CUSIPN/A
Phone469-458-7973

Debt

Debt-to-Equity Ratio11.17
Current Ratio2.42
Quick Ratio1.24

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.58 billion
Price / Sales0.36
Cash Flow$1.1497 per share
Price / Cash7.68
Book Value$2.06 per share
Price / Book4.29

Profitability

EPS (Most Recent Fiscal Year)($0.79)
Net Income$-2,060,000.00
Net Margins0.04%
Return on Equity-47.37%
Return on Assets-2.79%

Miscellaneous

Employees4,729
Outstanding Shares64,220,000

Forterra (NASDAQ:FRTA) Frequently Asked Questions

What is Forterra's stock symbol?

Forterra trades on the NASDAQ under the ticker symbol "FRTA."

How were Forterra's earnings last quarter?

Forterra plc (NASDAQ:FRTA) posted its quarterly earnings data on Tuesday, May, 8th. The construction company reported ($0.34) EPS for the quarter, beating the Zacks' consensus estimate of ($0.44) by $0.10. The construction company had revenue of $289.96 million for the quarter, compared to analyst estimates of $310.89 million. Forterra had a net margin of 0.04% and a negative return on equity of 47.37%. The business's revenue for the quarter was down 14.3% on a year-over-year basis. During the same quarter last year, the business earned ($0.35) earnings per share. View Forterra's Earnings History.

When is Forterra's next earnings date?

Forterra is scheduled to release their next quarterly earnings announcement on Thursday, August, 9th 2018. View Earnings Estimates for Forterra.

What price target have analysts set for FRTA?

7 analysts have issued twelve-month price targets for Forterra's shares. Their predictions range from $7.00 to $21.00. On average, they anticipate Forterra's share price to reach $10.8571 in the next twelve months. View Analyst Ratings for Forterra.

Who are some of Forterra's key competitors?

Who are Forterra's key executives?

Forterra's management team includes the folowing people:
  • Mr. Jeffrey K. Bradley, Pres, CEO & Director (Age 58)
  • Ms. Lori M. Browne, Exec. VP, Gen. Counsel & Sec. (Age 43)
  • Mr. Mark D. Carpenter, Pres of Drainage Pipe & Products and Gen. Mang. of Drainage Pipe & Products (Age 50)
  • Mr. William Kerfin, Pres of Water Pipe & Products (Age 50)
  • Mr. Charles R. Brown II, Exec. VP, & CFO

When did Forterra IPO?

(FRTA) raised $368 million in an initial public offering on Thursday, October 20th 2016. The company issued 18,400,000 shares at a price of $19.00-$21.00 per share. Goldman Sachs, Citigroup, Credit Suisse, Barclays, Deutsche Bank Securities and RBC Capital Markets served as the underwriters for the IPO and Oppenheimer, Stephens and SunTrust Robinson Humphrey were co-managers.

Has Forterra been receiving favorable news coverage?

Media stories about FRTA stock have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Forterra earned a news sentiment score of 0.04 on Accern's scale. They also assigned news stories about the construction company an impact score of 46.59 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Forterra's major shareholders?

Forterra's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Frontier Capital Management Co. LLC (4.85%), Taylor Asset Management Inc. (0.69%), Millennium Management LLC (0.14%), GSA Capital Partners LLP (0.14%), Dimensional Fund Advisors LP (0.10%) and Element Capital Management LLC (0.07%). Company insiders that own Forterra stock include Chadwick S Suss, Chris Meyer, Jeff Bradley, John P Grayken, John R Mcpherson, Lori M Browne, Mark D Carpenter, William Kerfin and William Matthew Brown. View Institutional Ownership Trends for Forterra.

Which major investors are selling Forterra stock?

FRTA stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC and A.R.T. Advisors LLC. View Insider Buying and Selling for Forterra.

Which major investors are buying Forterra stock?

FRTA stock was bought by a variety of institutional investors in the last quarter, including Taylor Asset Management Inc., Millennium Management LLC, GSA Capital Partners LLP, Dimensional Fund Advisors LP, Element Capital Management LLC, Global X Management Co. LLC, First Mercantile Trust Co. and Trexquant Investment LP. Company insiders that have bought Forterra stock in the last two years include Chadwick S Suss, Chris Meyer, Jeff Bradley, John R Mcpherson, Lori M Browne, Mark D Carpenter, William Kerfin and William Matthew Brown. View Insider Buying and Selling for Forterra.

How do I buy shares of Forterra?

Shares of FRTA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Forterra's stock price today?

One share of FRTA stock can currently be purchased for approximately $8.83.

How big of a company is Forterra?

Forterra has a market capitalization of $564.53 million and generates $1.58 billion in revenue each year. The construction company earns $-2,060,000.00 in net income (profit) each year or ($0.79) on an earnings per share basis. Forterra employs 4,729 workers across the globe.

How can I contact Forterra?

Forterra's mailing address is 511 E. JOHN CARPENTER FREEWAY 6TH FLOOR, IRVING TX, 75062. The construction company can be reached via phone at 469-458-7973 or via email at [email protected]


MarketBeat Community Rating for Forterra (FRTA)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  142 (Vote Outperform)
Underperform Votes:  160 (Vote Underperform)
Total Votes:  302
MarketBeat's community ratings are surveys of what our community members think about Forterra and other stocks. Vote "Outperform" if you believe FRTA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FRTA will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Forterra (NASDAQ:FRTA) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
7 Wall Street analysts have issued ratings and price targets for Forterra in the last 12 months. Their average twelve-month price target is $10.8571, suggesting that the stock has a possible upside of 22.96%. The high price target for FRTA is $21.00 and the low price target for FRTA is $7.00. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.142.142.142.33
Ratings Breakdown: 1 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $10.8571$12.2857$13.2857$11.8333
Price Target Upside: 22.96% upside48.38% upside51.32% upside43.26% upside

Forterra (NASDAQ:FRTA) Consensus Price Target History

Price Target History for Forterra (NASDAQ:FRTA)

Forterra (NASDAQ:FRTA) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/8/2018OppenheimerSet Price TargetBuy$13.00MediumView Rating Details
3/7/2018SunTrust BanksSet Price TargetHold$7.00MediumView Rating Details
1/30/2018Goldman SachsDowngradeNeutral ➝ Sell$21.00HighView Rating Details
1/8/2018BarclaysSet Price TargetHold$8.00HighView Rating Details
11/15/2017StephensReiterated RatingEqual Weight$4.00 ➝ $9.00N/AView Rating Details
11/15/2017Royal Bank of CanadaReiterated RatingHold$9.00N/AView Rating Details
11/10/2017CitigroupBoost Price TargetBuy$4.00 ➝ $9.00N/AView Rating Details
4/28/2017Seaport Global SecuritiesReiterated RatingBuy$23.00LowView Rating Details
11/14/2016Deutsche BankInitiated CoverageHold$20.00N/AView Rating Details
(Data available from 5/22/2016 forward)

Earnings

Forterra (NASDAQ:FRTA) Earnings History and Estimates Chart

Earnings by Quarter for Forterra (NASDAQ:FRTA)

Forterra (NASDAQ:FRTA) Earnings Estimates

2018 EPS Consensus Estimate: $0.13
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20182($0.46)($0.07)($0.27)
Q2 20183$0.06$0.27$0.15
Q3 20183$0.23$0.50$0.33
Q4 20183($0.18)$0.04($0.09)

Forterra (NASDAQ FRTA) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/8/2018$0.11N/AView Earnings Details
5/8/2018Q1 2018($0.44)($0.34)$310.89 million$289.96 millionViewN/AView Earnings Details
3/7/2018Q4 2017($0.23)($0.28)$327.91 million$361.17 millionViewListenView Earnings Details
11/8/2017Q3 2017$0.06($0.14)$457.48 million$444.26 millionViewN/AView Earnings Details
8/10/2017Q2 2017$0.09($0.0210)$449.68 million$436.69 millionViewN/AView Earnings Details
5/15/2017Q1 2017($0.07)($0.31)$340.24 million$338.30 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Forterra (NASDAQ:FRTA) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Forterra (NASDAQ FRTA) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 0.84%
Insider Trading History for Forterra (NASDAQ:FRTA)
Institutional Ownership by Quarter for Forterra (NASDAQ:FRTA)

Forterra (NASDAQ FRTA) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/15/2017John R McphersonDirectorBuy23,449$4.29$100,596.2124,579View SEC Filing  
9/14/2017Mark D CarpenterInsiderBuy16,500$4.48$73,920.0034,461View SEC Filing  
9/13/2017William KerfinInsiderBuy2,000$4.40$8,800.0019,961View SEC Filing  
9/12/2017Chadwick S SussDirectorBuy12,125$4.60$55,775.0012,125View SEC Filing  
9/11/2017Chris MeyerDirectorBuy62,500$4.03$251,875.0062,500View SEC Filing  
9/11/2017Jeff BradleyCEOBuy25,000$3.97$99,250.00109,336View SEC Filing  
9/11/2017Lori M BrowneInsiderBuy10,000$4.27$42,700.0027,057View SEC Filing  
8/14/2017William Matthew BrownCFOBuy22,200$4.80$106,560.0047,501View SEC Filing  
11/23/2016John P GraykenMajor ShareholderSell262,224$17.01$4,460,430.24View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Forterra (NASDAQ FRTA) News Headlines

Source:
DateHeadline
Forterra (FRTA) Upgraded to "Sell" by ValuEngineForterra (FRTA) Upgraded to "Sell" by ValuEngine
www.americanbankingnews.com - May 16 at 3:55 PM
BidaskClub Upgrades Forterra (FRTA) to "Hold"BidaskClub Upgrades Forterra (FRTA) to "Hold"
www.americanbankingnews.com - May 16 at 11:04 AM
 Analysts Expect Forterra plc (FRTA) Will Post Quarterly Sales of $424.70 Million Analysts Expect Forterra plc (FRTA) Will Post Quarterly Sales of $424.70 Million
www.americanbankingnews.com - May 14 at 4:47 AM
Zacks: Brokerages Anticipate Forterra plc (FRTA) Will Announce Earnings of $0.10 Per ShareZacks: Brokerages Anticipate Forterra plc (FRTA) Will Announce Earnings of $0.10 Per Share
www.americanbankingnews.com - May 12 at 5:37 AM
Forterra (FRTA) Downgraded by Zacks Investment ResearchForterra (FRTA) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 10 at 10:52 PM
FY2018 Earnings Estimate for Forterra plc Issued By Oppenheimer (FRTA)FY2018 Earnings Estimate for Forterra plc Issued By Oppenheimer (FRTA)
www.americanbankingnews.com - May 10 at 8:23 AM
Q2 2018 EPS Estimates for Forterra plc Reduced by Oppenheimer (FRTA)Q2 2018 EPS Estimates for Forterra plc Reduced by Oppenheimer (FRTA)
www.americanbankingnews.com - May 9 at 8:48 AM
Forterra (FRTA) Upgraded to Buy at Zacks Investment ResearchForterra (FRTA) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - May 8 at 11:56 PM
Forterra (FRTA) PT Set at $13.00 by OppenheimerForterra (FRTA) PT Set at $13.00 by Oppenheimer
www.americanbankingnews.com - May 8 at 3:29 PM
Forterra (FRTA) Releases  Earnings Results, Beats Expectations By $0.02 EPSForterra (FRTA) Releases Earnings Results, Beats Expectations By $0.02 EPS
www.americanbankingnews.com - May 8 at 2:58 PM
Forterra beats by $0.13, misses on revenueForterra beats by $0.13, misses on revenue
seekingalpha.com - May 8 at 9:37 AM
BRIEF-Forterra Reports Q1 Loss Per Share $0.31BRIEF-Forterra Reports Q1 Loss Per Share $0.31
www.reuters.com - May 8 at 9:37 AM
Forterra Announces First Quarter 2018 ResultsForterra Announces First Quarter 2018 Results
finance.yahoo.com - May 8 at 9:37 AM
Forterra (FRTA) Downgraded by ValuEngineForterra (FRTA) Downgraded by ValuEngine
www.americanbankingnews.com - May 4 at 12:54 AM
Forterra Announces First Quarter 2018 Earnings ScheduleForterra Announces First Quarter 2018 Earnings Schedule
finance.yahoo.com - May 2 at 9:37 AM
Forterra (FRTA) Scheduled to Post Earnings on TuesdayForterra (FRTA) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - May 1 at 10:47 AM
Reviewing James Hardie Industries (JHX) and Forterra (FRTA)Reviewing James Hardie Industries (JHX) and Forterra (FRTA)
www.americanbankingnews.com - April 30 at 1:22 PM
Forterra plc (FRTA) Receives Consensus Rating of "Hold" from AnalystsForterra plc (FRTA) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 29 at 1:36 PM
BidaskClub Downgrades Forterra (FRTA) to HoldBidaskClub Downgrades Forterra (FRTA) to Hold
www.americanbankingnews.com - April 28 at 8:34 AM
Michelle Connor named president and CEO of Forterra after founder retiresMichelle Connor named president and CEO of Forterra after founder retires
www.bizjournals.com - April 27 at 10:16 AM
Head-To-Head Survey: Forterra (FRTA) and James Hardie Industries (JHX)Head-To-Head Survey: Forterra (FRTA) and James Hardie Industries (JHX)
www.americanbankingnews.com - April 27 at 3:32 AM
 Brokerages Anticipate Forterra plc (FRTA) Will Announce Quarterly Sales of $306.25 Million Brokerages Anticipate Forterra plc (FRTA) Will Announce Quarterly Sales of $306.25 Million
www.americanbankingnews.com - April 26 at 2:18 AM
Zacks: Brokerages Expect Forterra plc (FRTA) Will Post Earnings of -$0.47 Per ShareZacks: Brokerages Expect Forterra plc (FRTA) Will Post Earnings of -$0.47 Per Share
www.americanbankingnews.com - April 24 at 7:20 PM
Forterra, Inc.: Forterra Announces First Quarter 2018 Earnings ScheduleForterra, Inc.: Forterra Announces First Quarter 2018 Earnings Schedule
www.finanznachrichten.de - April 24 at 9:40 AM
Financial Survey: U.S. Concrete (USCR) and Forterra (FRTA)Financial Survey: U.S. Concrete (USCR) and Forterra (FRTA)
www.americanbankingnews.com - April 22 at 3:26 AM
Forterra (FRTA) Price Target Cut to $10.00Forterra (FRTA) Price Target Cut to $10.00
www.americanbankingnews.com - April 20 at 3:39 PM
Forterra (FRTA) Stock Rating Upgraded by BidaskClubForterra (FRTA) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - April 20 at 11:39 AM
Head to Head Comparison: Forterra (FRTA) & James Hardie Industries (JHX)Head to Head Comparison: Forterra (FRTA) & James Hardie Industries (JHX)
www.americanbankingnews.com - April 17 at 7:13 AM
Forterra (FRTA) Upgraded to "Hold" at Zacks Investment ResearchForterra (FRTA) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 13 at 11:10 PM
Royal Bank of Canada Reiterates Hold Rating for Forterra (FRTA)Royal Bank of Canada Reiterates Hold Rating for Forterra (FRTA)
www.americanbankingnews.com - April 12 at 1:14 PM
Forterra (FRTA) Stock Rating Upgraded by ValuEngineForterra (FRTA) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - April 10 at 7:51 PM
Forterra (FRTA) Downgraded by Zacks Investment Research to SellForterra (FRTA) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - April 10 at 5:02 PM
Zacks: Brokerages Expect Forterra plc (FRTA) Will Announce Quarterly Sales of $306.25 MillionZacks: Brokerages Expect Forterra plc (FRTA) Will Announce Quarterly Sales of $306.25 Million
www.americanbankingnews.com - April 9 at 2:02 AM
ValuEngine Lowers Forterra (FRTA) to SellValuEngine Lowers Forterra (FRTA) to Sell
www.americanbankingnews.com - April 8 at 12:29 PM
Forterra (FRTA) Earns "Hold" Rating from Royal Bank of CanadaForterra (FRTA) Earns "Hold" Rating from Royal Bank of Canada
www.americanbankingnews.com - April 7 at 7:47 PM
Forterra (FRTA) & U.S. Concrete (USCR) Head to Head ComparisonForterra (FRTA) & U.S. Concrete (USCR) Head to Head Comparison
www.americanbankingnews.com - April 7 at 7:13 PM
-$0.47 Earnings Per Share Expected for Forterra plc (FRTA) This Quarter-$0.47 Earnings Per Share Expected for Forterra plc (FRTA) This Quarter
www.americanbankingnews.com - April 7 at 7:10 PM
Critical Review: Forterra (FRTA) & James Hardie Industries (JHX)Critical Review: Forterra (FRTA) & James Hardie Industries (JHX)
www.americanbankingnews.com - April 6 at 5:17 AM
Forterra Inc (FRTA) Receives Average Recommendation of "Hold" from AnalystsForterra Inc (FRTA) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 4 at 1:47 PM
Forterra (FRTA) Given New $8.00 Price Target at Royal Bank of CanadaForterra (FRTA) Given New $8.00 Price Target at Royal Bank of Canada
www.americanbankingnews.com - March 31 at 6:34 PM
Forterra (FRTA) Rating Increased to Strong-Buy at BidaskClubForterra (FRTA) Rating Increased to Strong-Buy at BidaskClub
www.americanbankingnews.com - March 30 at 10:36 PM
Where Forterra Inc (NASDAQ:FRTA) Stands In Earnings Growth Against Its IndustryWhere Forterra Inc (NASDAQ:FRTA) Stands In Earnings Growth Against Its Industry
finance.yahoo.com - March 30 at 9:50 AM
-$0.47 EPS Expected for Forterra Inc (FRTA) This Quarter-$0.47 EPS Expected for Forterra Inc (FRTA) This Quarter
www.americanbankingnews.com - March 21 at 7:16 PM
Forterra (FRTA) Rating Lowered to Sell at Zacks Investment ResearchForterra (FRTA) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - March 20 at 12:54 AM
Oppenheimer Comments on Forterra Incs Q2 2018 Earnings (FRTA)Oppenheimer Comments on Forterra Inc's Q2 2018 Earnings (FRTA)
www.americanbankingnews.com - March 12 at 3:24 AM
Q1 2018 Earnings Forecast for Forterra Inc (FRTA) Issued By SunTrust BanksQ1 2018 Earnings Forecast for Forterra Inc (FRTA) Issued By SunTrust Banks
www.americanbankingnews.com - March 12 at 2:14 AM
Forterra (FRTA) Given a $7.00 Price Target at SunTrust BanksForterra (FRTA) Given a $7.00 Price Target at SunTrust Banks
www.americanbankingnews.com - March 10 at 8:48 PM
Forterra (FRTA) Rating Increased to Hold at BidaskClubForterra (FRTA) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - March 10 at 4:33 PM
Forterra Inc (FRTA) Receives Average Rating of "Hold" from AnalystsForterra Inc (FRTA) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 10 at 1:53 PM
SunTrust Banks Comments on Forterra Incs FY2017 Earnings (FRTA)SunTrust Banks Comments on Forterra Inc's FY2017 Earnings (FRTA)
www.americanbankingnews.com - March 9 at 7:48 AM

SEC Filings

Forterra (NASDAQ:FRTA) SEC Filings

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Social Media

Financials

Forterra (NASDAQ:FRTA) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Forterra (NASDAQ FRTA) Stock Chart for Tuesday, May, 22, 2018

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This page was last updated on 5/22/2018 by MarketBeat.com Staff

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