Forterra Company Profile (NASDAQ:FRTA)

About Forterra (NASDAQ:FRTA)

Forterra logoForterra, Inc. is a manufacturer of pipe and precast products. The Company offers products for a range of water-related infrastructure applications, including water transmission, distribution and drainage. The Company operates approximately 95 facilities. Its products are available in the United States and Eastern Canada.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Construction Materials
  • Sub-Industry: N/A
  • Symbol: NASDAQ:FRTA
  • CUSIP: N/A
  • Web: www.forterrabp.com
Capitalization:
  • Market Cap: $286.99 million
  • Outstanding Shares: 64,203,000
Average Prices:
  • 50 Day Moving Avg: $4.28
  • 200 Day Moving Avg: $4.28
  • 52 Week Range: $3.85 - $22.76
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -31.93
  • P/E Growth: 0.58
Sales & Book Value:
  • Annual Revenue: $1.57 billion
  • Price / Sales: 0.18
  • Book Value: $1.56 per share
  • Price / Book: 2.87
Profitability:
  • EBIDTA: $160.18 million
  • Net Margins: -4.72%
  • Return on Equity: -45.03%
  • Return on Assets: -3.19%
Debt:
  • Debt-to-Equity Ratio: 14.18%
  • Current Ratio: 2.85%
  • Quick Ratio: 1.60%
Misc:
  • Average Volume: 2.22 million shs.
  • Short Ratio: 10.16
 

Frequently Asked Questions for Forterra (NASDAQ:FRTA)

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) posted its earnings results on Thursday, August, 10th. The company reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.09 by $0.11. The business had revenue of $436.69 million for the quarter, compared to analysts' expectations of $449.68 million. Forterra had a negative net margin of 4.72% and a negative return on equity of 45.03%. View Forterra's Earnings History.

When will Forterra make its next earnings announcement?

Forterra is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for Forterra.

Where is Forterra's stock going? Where will Forterra's stock price be in 2017?

9 equities research analysts have issued 12-month target prices for Forterra's stock. Their forecasts range from $4.00 to $23.00. On average, they anticipate Forterra's share price to reach $14.88 in the next year. 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:

  • Chris Meyer, Chairman of the Board
  • Jeffrey Bradley, Chief Executive Officer, Director
  • William Matthew Brown, Chief Financial Officer, Executive Vice President
  • Mark Carpenter, President - Drainage Pipe & Products
  • William Kerfin, President - Water Pipe & Products
  • Lori M. Browne, Senior Vice President, General Counsel
  • Ed Sexe, Senior Vice President, General Manager
  • Matthew Wayman, Vice President - Corporate Development
  • Kevin J. Barner, Director Nominee
  • Robert J. Corcoran, Director Nominee

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 $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 owns Forterra stock?

Forterra's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Capital World Investors (4.78%), Pictet Asset Management Ltd. (4.11%), Vanguard Group Inc. (2.56%), FMR LLC (2.48%), Rubric Capital Management LP (1.49%) and Redwood Capital Management LLC (1.46%). 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.

Who sold Forterra stock? Who is selling Forterra stock?

Forterra's stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Citadel Advisors LLC, Hodges Capital Management Inc., Peregrine Capital Management LLC, Sound Point Capital Management LP, Principal Financial Group Inc., Wells Fargo & Company MN and New York State Common Retirement Fund. View Insider Buying and Selling for Forterra.

Who bought Forterra stock? Who is buying Forterra stock?

Forterra's stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Redwood Capital Management LLC, Pictet Asset Management Ltd., Rubric Capital Management LP, Greywolf Capital Management LP, OxFORD Asset Management LLP, Goldman Sachs Group Inc. and Ameriprise Financial Inc.. 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 Forterra stock?

Shares of Forterra can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Forterra's stock price today?

One share of Forterra stock can currently be purchased for approximately $4.47.


MarketBeat Community Rating for Forterra (NASDAQ FRTA)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  86 (Vote Outperform)
Underperform Votes:  87 (Vote Underperform)
Total Votes:  173
MarketBeat's community ratings are surveys of what our community members think about Forterra and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Forterra (NASDAQ:FRTA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $14.88 (232.77% upside)

Analysts' Ratings History for Forterra (NASDAQ:FRTA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/14/2017Citigroup Inc.Lower Price TargetBuy$8.50 -> $4.00HighView Rating Details
8/11/2017Barclays PLCDowngradeOverweight -> Equal Weight$15.00 -> $4.00HighView Rating Details
8/9/2017Royal Bank Of CanadaReiterated RatingHold$10.00HighView Rating Details
5/16/2017SunTrust Banks, Inc.DowngradeBuy -> Hold$14.00HighView Rating Details
4/28/2017Seaport Global SecuritiesReiterated RatingBuy$23.00LowView Rating Details
11/18/2016StephensInitiated CoverageEqual WeightN/AView Rating Details
11/14/2016Oppenheimer Holdings, Inc.Initiated CoverageOutperform$23.00N/AView Rating Details
11/14/2016Deutsche Bank AGInitiated CoverageHold$20.00N/AView Rating Details
11/14/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$21.00N/AView Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History for Forterra (NASDAQ:FRTA)
Earnings by Quarter for Forterra (NASDAQ:FRTA)
Earnings History by Quarter for Forterra (NASDAQ FRTA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/9/2017        
8/10/2017Q2 2017$0.09($0.02)$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
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Forterra (NASDAQ:FRTA)
2017 EPS Consensus Estimate: ($0.02)
2018 EPS Consensus Estimate: $0.22
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.09)($0.01)($0.05)
Q2 20173$0.03$0.44$0.19
Q3 20173($0.34)$0.28$0.02
Q4 20173($0.26)$0.00($0.17)
Q1 20182($0.29)($0.07)($0.18)
Q2 20182$0.04$0.27$0.16
Q3 20182$0.16$0.50$0.33
Q4 20182($0.22)$0.04($0.09)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Forterra (NASDAQ:FRTA)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Forterra (NASDAQ:FRTA)
Insider Ownership Percentage: 0.33%
Insider Trades by Quarter for Forterra (NASDAQ:FRTA)
Institutional Ownership by Quarter for Forterra (NASDAQ:FRTA)
Insider Trades by Quarter for Forterra (NASDAQ:FRTA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/15/2017John R McphersonDirectorBuy23,449$4.29$100,596.21View SEC Filing  
9/14/2017Mark D CarpenterInsiderBuy16,500$4.48$73,920.00View SEC Filing  
9/13/2017William KerfinInsiderBuy2,000$4.40$8,800.00View SEC Filing  
9/12/2017Chadwick S SussDirectorBuy12,125$4.60$55,775.00View SEC Filing  
9/11/2017Chris MeyerDirectorBuy62,500$4.03$251,875.00View SEC Filing  
9/11/2017Jeff BradleyCEOBuy25,000$3.97$99,250.00View SEC Filing  
9/11/2017Lori M BrowneInsiderBuy10,000$4.27$42,700.00View SEC Filing  
8/14/2017William Matthew BrownCFOBuy22,200$4.80$106,560.00View 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

Headline Trends for Forterra (NASDAQ:FRTA)
Latest Headlines for Forterra (NASDAQ:FRTA)
Source:
DateHeadline
finance.yahoo.com logoUPCOMING DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - September 20 at 7:50 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Forterra, Inc. (FRTA) & Lead Plaintiff Deadline - October 13, 2017
finance.yahoo.com - September 19 at 6:50 PM
finance.yahoo.com logoScott+Scott, Attorneys at Law, LLP Reminds Investors of October 13th Lead Plaintiff Deadline in Federal Securities Case Against Forterra, Inc.
finance.yahoo.com - September 19 at 6:50 PM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Encourages Shareholders Who Have Losses In Excess Of $100,000 From Investment In Forterra, Inc. (Nasdaq: FRTA) To Contact Brower Piven Before The Lead Plaintiff Deadline In Class Action Lawsuit
finance.yahoo.com - September 19 at 6:50 PM
finance.yahoo.com logoFRTA EQUITY ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Forterra, Inc.
finance.yahoo.com - September 19 at 6:50 PM
finance.yahoo.com logoUPCOMING DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - September 19 at 6:50 PM
finance.yahoo.com logoAPPROACHING DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - September 18 at 3:45 PM
thestreet.com logoPomerantz LLP announces that a class action lawsuit has been filed against Forterra, Inc.
www.thestreet.com - September 16 at 6:12 PM
businesswire.com logoFORTERRA SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class ...
www.businesswire.com - September 16 at 6:12 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Forterra, Inc. of Class Action Lawsuit and Upcoming Deadline
finance.yahoo.com - September 16 at 6:12 PM
americanbankingnews.com logoForterra Inc (FRTA) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - September 16 at 2:58 PM
finance.yahoo.com logoAPPROACHING DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - September 16 at 12:27 AM
americanbankingnews.com logoForterra Inc (FRTA) Director Buys $100,596.21 in Stock
www.americanbankingnews.com - September 15 at 8:02 PM
finance.yahoo.com logoThe Klein Law Firm Reminds Investors of a Class Action Commenced on Behalf of Forterra, Inc. Shareholders (FRTA)
finance.yahoo.com - September 15 at 7:26 PM
americanbankingnews.com logoForterra Inc (FRTA) Insider Buys $73,920.00 in Stock
www.americanbankingnews.com - September 14 at 11:56 PM
finance.yahoo.com logoEQUITY ALERT: Levi & Korsinsky, LLP Reminds Investors of Commencement of Class Actions on Behalf of Shareholders of Forterra, Inc. - FRTA
finance.yahoo.com - September 14 at 7:29 PM
finance.yahoo.com logoEQUITY ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - September 14 at 7:29 PM
finance.yahoo.com logoKessler Topaz Meltzer & Check, LLP Reminds Forterra, Inc. Shareholders of Important Deadline in Class Action Lawsuit
finance.yahoo.com - September 13 at 8:18 PM
finance.yahoo.com logoEQUITY ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - September 13 at 8:18 PM
americanbankingnews.com logoChadwick S. Suss Buys 12,125 Shares of Forterra Inc (FRTA) Stock
www.americanbankingnews.com - September 12 at 10:16 PM
finance.yahoo.com logoSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Forterra, Inc. (FRTA) & Lead Plaintiff Deadline - October 13, 2017
finance.yahoo.com - September 12 at 7:41 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Commencement of Class Actions on Behalf of Shareholders of Forterra, Inc. – FRTA
finance.yahoo.com - September 12 at 7:41 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - September 12 at 7:41 PM
americanbankingnews.com logoForterra Inc (FRTA) Director Purchases $251,875.00 in Stock
www.americanbankingnews.com - September 11 at 10:20 PM
americanbankingnews.com logoInsider Buying: Forterra Inc (FRTA) Insider Purchases 10,000 Shares of Stock
www.americanbankingnews.com - September 11 at 10:20 PM
americanbankingnews.com logoJeff Bradley Acquires 25,000 Shares of Forterra Inc (FRTA) Stock
www.americanbankingnews.com - September 11 at 10:20 PM
finance.yahoo.com logoThe Klein Law Firm Notifies Investors of a Class Action Commenced on Behalf of Forterra, Inc. Shareholders (FRTA)
finance.yahoo.com - September 11 at 7:24 PM
finance.yahoo.com logoINVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - September 11 at 7:24 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Forterra, Inc. of Class Action Lawsuit and Upcoming Deadline – FRTA
finance.yahoo.com - September 9 at 6:21 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of Commencement of Class Actions on Behalf of Shareholders of Forterra, Inc. - FRTA
finance.yahoo.com - September 8 at 7:19 PM
americanbankingnews.com logoForterra Inc (FRTA) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - September 7 at 7:06 PM
finance.yahoo.com logoWhy Forterra Inc.'s Shares Popped 32% Today
finance.yahoo.com - September 7 at 6:57 PM
finance.yahoo.com logoFRTA SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of a Class Action Involving Forterra, Inc.
finance.yahoo.com - September 7 at 6:57 PM
finance.yahoo.com logoINVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - September 7 at 6:56 PM
businesswire.com logoSHAREHOLDER ALERT: Brower Piven Encourages Investors Who Have Losses In Excess Of $100,000 From Investment In Forterra, Inc. To Contact Brower Piven Before The Lead Plaintiff ...
www.businesswire.com - September 6 at 11:47 PM
finanznachrichten.de logoShareholders Foundation, Inc.: Lawsuit for Investors in Forterra Inc. (NASDAQ: FRTA) Shares Announced by Shareholders Foundation
www.finanznachrichten.de - September 6 at 11:47 PM
finance.yahoo.com logoLawsuit for Investors in Forterra Inc. (NASDAQ: FRTA) Shares Announced by Shareholders Foundation
finance.yahoo.com - September 6 at 6:46 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Class Actions on Behalf of Shareholders of Forterra, Inc. - FRTA
finance.yahoo.com - September 6 at 6:46 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - September 6 at 6:46 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Encourages Investors Who Have Losses In Excess Of $100,000 From Investment In Forterra, Inc. To Contact Brower Piven Before The Lead Plaintiff Deadline In Class Action Lawsuit
finance.yahoo.com - September 6 at 5:42 AM
finance.yahoo.com logoSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Forterra, Inc. (FRTA) & Lead Plaintiff Deadline - October 13, 2017
finance.yahoo.com - September 6 at 12:39 AM
finance.yahoo.com logoThe Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Forterra, Inc. Shareholders
finance.yahoo.com - September 6 at 12:39 AM
finance.yahoo.com logoIMPORTANT EQUITY ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - September 6 at 12:39 AM
benzinga.com logoFORTHCOMING DEADLINES: J&W Announces Class...
www.benzinga.com - September 3 at 6:08 PM
benzinga.com logoFORTERRA SHAREHOLDER ALERT BY FORMER LOUISIANA...
www.benzinga.com - September 2 at 5:16 AM
finance.yahoo.com logoIMPORTANT EQUITY ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - September 2 at 12:14 AM
finance.yahoo.com logoThe Klein Law Firm Notifies Investors of a Class Action Filed on Behalf of Forterra, Inc. Shareholders
finance.yahoo.com - September 1 at 7:12 PM
finance.yahoo.com logoSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Forterra, Inc. (FRTA) and Lead Plaintiff Deadline - October 13, 2017
finance.yahoo.com - August 31 at 6:42 PM
finance.yahoo.com logoThe Klein Law Firm Notifies Investors of a Class Action Filed on Behalf of Forterra, Inc. Shareholders (FRTA)
finance.yahoo.com - August 31 at 6:42 PM
finance.yahoo.com logoIMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Forterra, Inc. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - August 31 at 6:42 PM

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Chart

Forterra (FRTA) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff