Forterra, 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.
Industry, Sector and Symbol
Industry Concrete products, not elsewhere classified
Sub-IndustryN/A
SectorConstruction
Phone469-458-7973
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.58 billion
Profitability
Miscellaneous
Employees4,729
OptionableOptionable
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 Inc (NASDAQ:FRTA) issued its quarterly earnings data on Wednesday, August, 8th. The construction company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The construction company earned $416.10 million during the quarter, compared to analyst estimates of $421.81 million. Forterra had a negative return on equity of 23.03% and a net margin of 2.38%. The company's quarterly revenue was down 4.7% on a year-over-year basis. View Forterra's Earnings History.
When is Forterra's next earnings date?
What price target have analysts set for FRTA?
7 analysts have issued 1 year price targets for Forterra's shares. Their forecasts range from $5.00 to $13.00. On average, they anticipate Forterra's stock price to reach $8.10 in the next twelve months. This suggests a possible upside of 48.1% from the stock's current price. View Analyst Price Targets for Forterra.
What is the consensus analysts' recommendation for Forterra?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forterra in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Forterra.
Has Forterra been receiving favorable news coverage?
Press coverage about FRTA stock has trended somewhat negative on Saturday, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Forterra earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days.
Who are some of Forterra's key competitors?
Some companies that are related to Forterra include Installed Building Products (IBP), Loma Negra Compania Indl Argentina (LOMA), Arcadis (ARCAY), Cavco Industries (CVCO), Gibraltar Industries (ROCK), Boise Cascade (BCC), Patrick Industries (PATK), Primoris Services (PRIM), Winnebago Industries (WGO), PGT Innovations (PGTI), Continental Building Products (CBPX), NCI Building Systems (NCS), Tutor Perini (TPC), Cementos Pacasmayo (CPAC) and M/I Homes (MHO).
Who are Forterra's key executives?
Forterra's management team includes the folowing people:
- Mr. Jeffrey K. Bradley, Pres, CEO & Director (Age 59)
- Ms. Lori M. Browne, Exec. VP, Gen. Counsel & Sec. (Age 44)
- Mr. Charlie L. Ward, Sr. VP and Gen. Mang. of Bricks (Age 57)
- Mr. William Kerfin, Pres of Water Pipe & Products (Age 51)
- Mr. Charles R. Brown II, Exec. VP, & CFO (Age 54)
When did Forterra IPO?
(FRTA) raised $368 million in an initial public offering (IPO) 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.
Who are Forterra's major shareholders?
Forterra's stock is owned by many different of institutional and retail investors. Top institutional investors include Frontier Capital Management Co. LLC (4.14%), Royce & Associates LP (3.43%), BlackRock Inc. (2.13%), First Trust Advisors LP (0.77%), Intrinsic Edge Capital Management LLC (0.60%) and Northern Trust Corp (0.33%). Company insiders that own Forterra stock include Chadwick S Suss, Chris Meyer, Jeff Bradley, 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, Two Sigma Advisers LP, First Trust Advisors LP, BlackRock Inc., California Public Employees Retirement System and Northern Trust Corp. View Insider Buying and Selling for Forterra.
Which major investors are buying Forterra stock?
FRTA stock was purchased by a variety of institutional investors in the last quarter, including Intrinsic Edge Capital Management LLC, Royce & Associates LP, Bank of America Corp DE, Bank of New York Mellon Corp, Manchester Capital Management LLC, Alambic Investment Management L.P., Paloma Partners Management Co and Valeo Financial Advisors LLC. 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 $5.47.
How big of a company is Forterra?
Forterra has a market capitalization of $351.21 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.
What is Forterra's official website?
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 (NASDAQ FRTA)
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.
