NASDAQ:FRTA

Forterra Stock Forecast, Price & News

$23.43
-0.08 (-0.34 %)
(As of 04/15/2021 12:00 AM ET)
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Today's Range
$23.36
Now: $23.43
$23.55
50-Day Range
$23.25
MA: $23.40
$23.65
52-Week Range
$5.70
Now: $23.43
$23.95
Volume163,001 shs
Average Volume732,528 shs
Market Capitalization$1.56 billion
P/E Ratio48.81
Dividend YieldN/A
Beta2.54
Forterra, Inc. manufactures and sells pipe and precast products in the United States, Canada, and Mexico. It operates through Drainage Pipe & Products; and Water Pipe & Products segments. The company offers concrete drainage pipes used for storm water applications, residential and non-residential site developments, sanitary sewers, low-pressure sewer force mains, tunneled systems, treatment plant piping, and utility tunnels. It provides box culverts, utility vaults, manholes, drainage inlets, and pipe end sections used for roadway and airport drainage, storm water management, utility construction, and water treatment and filtration systems; and architectural panels for buildings, modular railroad crossings, retaining wall and storm water treatment systems, highway noise barriers, and concrete vaults that are used to house dry or wet utilities. The company offers hollow-core planks, prestressed bridge girders, beams, columns, wall panels, stairs, garage floors, and architectural claddings for infrastructure and non-residential applications; and precast concrete bridge girders for highway projects. It provides precast concrete foundation to support prefabricated shelters or equipment buildings; precast product that consolidates and protects underground electrical and communication cables; and storm water technologies for storm water management market. The company offers ductile iron pipes for transmission and distribution of potable and waste water, and smaller diameter applications; concrete pressure pipes for water transmission and distribution, power plant cooling water lines, sewage force mains for waste and storm water, and other various applications; and prestressed concrete and bar-wrapped concrete pipes. It serves construction contractors, developers, utility companies and contractors, municipalities, and waterworks distributors and contractors through distributors. The company was founded in 1899 and is headquartered in Irving, Texas.
Forterra logo

Industry, Sector and Symbol

Industry Concrete products, not elsewhere classified
Sub-IndustryN/A
Current SymbolNASDAQ:FRTA
CUSIPN/A
Phone469-458-7973
Employees4,581
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.53 billion
Cash Flow$1.98 per share
Book Value$1.87 per share

Profitability

Net Income$-7,330,000.00

Miscellaneous

Market Cap$1.56 billion
Next Earnings Date5/5/2021 (Estimated)
OptionableOptionable

Headlines

Earnings Outlook For Forterra - Yahoo Finance
February 23, 2021 |  finance.yahoo.com
Earnings Outlook For Forterra
February 23, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.44 out of 5 stars

Construction Sector

79th out of 206 stocks

Concrete Products, Not Elsewhere Classified Industry

2nd out of 5 stocks

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$23.43
-0.08 (-0.34 %)
(As of 04/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Forterra (NASDAQ:FRTA) Frequently Asked Questions

Is Forterra a buy right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Forterra in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Forterra stock.
View analyst ratings for Forterra
or view top-rated stocks.

What stocks does MarketBeat like better than Forterra?

Wall Street analysts have given Forterra a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Forterra wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Forterra?

Forterra saw a increase in short interest in March. As of March 15th, there was short interest totaling 2,750,000 shares, an increase of 159.4% from the February 28th total of 1,060,000 shares. Based on an average trading volume of 776,800 shares, the short-interest ratio is currently 3.5 days. Currently, 9.3% of the company's shares are short sold.
View Forterra's Short Interest
.

When is Forterra's next earnings date?

Forterra is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Forterra
.

How were Forterra's earnings last quarter?

Forterra, Inc. (NASDAQ:FRTA) issued its quarterly earnings data on Wednesday, February, 24th. The construction company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.02 by $0.31. Forterra had a trailing twelve-month return on equity of 26.34% and a net margin of 2.17%.
View Forterra's earnings history
.

How has Forterra's stock price been impacted by COVID-19?

Forterra's stock was trading at $8.70 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FRTA shares have increased by 169.3% and is now trading at $23.43.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for FRTA?

12 Wall Street analysts have issued twelve-month target prices for Forterra's stock. Their forecasts range from $18.00 to $24.00. On average, they anticipate Forterra's stock price to reach $20.67 in the next twelve months. This suggests that the stock has a possible downside of 11.8%.
View analysts' price targets for Forterra
or view top-rated stocks among Wall Street analysts.

Who are Forterra's key executives?

Forterra's management team includes the following people:
  • Mr. Karl H. Watson Jr., CEO & Director (Age 56, Pay $1.36M)
  • Mr. Charles R. Brown II, Exec. VP & CFO (Age 57, Pay $1.3M)
  • Ms. Lori M. Browne, Exec. VP, Gen. Counsel & Sec. (Age 46, Pay $809.13k)
  • Mr. Vikrant Bhatia, Pres of Water Pipe & Products (Age 44, Pay $810.28k)
  • Mr. David J. Lawrence, VP of Treasury & Investor Relations
  • Truman Greene, Sr. VP of HR
  • Mr. Ed Sexe P.E., Sr. VP of Stormwater Management Systems (Age 56)
  • Mr. Charlie L. Ward, Sr. VP and Gen. Mang. of Bricks (Age 59)
  • Mr. Matthew Wayman, Sr. VP and GM of Drainage Pipe & Products -South (KY, OH) (Age 42)
  • Greg Kent, Exec. VP of Bus. Devel. - Stormwater Management Systems

What is Karl Watson Jr.'s approval rating as Forterra's CEO?

8 employees have rated Forterra CEO Karl Watson Jr. on Glassdoor.com. Karl Watson Jr. has an approval rating of 88% among Forterra's employees.

Who are some of Forterra's key competitors?

What other stocks do shareholders of Forterra own?

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 acted as the underwriters for the IPO and Oppenheimer, Stephens and SunTrust Robinson Humphrey were co-managers.

What is Forterra's stock symbol?

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

Who are Forterra's major shareholders?

Forterra's stock is owned by a variety of retail and institutional investors. Top institutional investors include Calamos Advisors LLC (0.10%). Company insiders that own Forterra stock include Clinton D Mcdonnough, John P Grayken, Karl Watson and Vikrant Bhatia.
View institutional ownership trends for Forterra
.

Which major investors are buying Forterra stock?

FRTA stock was bought by a variety of institutional investors in the last quarter, including Calamos Advisors LLC. Company insiders that have bought Forterra stock in the last two years include Clinton D Mcdonnough, Karl Watson, and Vikrant Bhatia.
View insider buying and selling activity for Forterra
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Forterra's stock price today?

One share of FRTA stock can currently be purchased for approximately $23.43.

How much money does Forterra make?

Forterra has a market capitalization of $1.56 billion and generates $1.53 billion in revenue each year. The construction company earns $-7,330,000.00 in net income (profit) each year or ($0.09) on an earnings per share basis.

How many employees does Forterra have?

Forterra employs 4,581 workers across the globe.

What is Forterra's official website?

The official website for Forterra is www.forterrabp.com.

Where are Forterra's headquarters?

Forterra is headquartered at 511 E. JOHN CARPENTER FREEWAY 6TH FLOOR, IRVING TX, 75062.

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]


This page was last updated on 4/16/2021 by MarketBeat.com Staff
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