Forterra, 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 - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:FRTA
- CUSIP: N/A
- Web: www.forterrabp.com
Capitalization:- Market Cap: $578.53 million
- Outstanding Shares: 64,138,000
Average Prices:- 50 Day Moving Avg: $7.67
- 200 Day Moving Avg: $15.39
- 52 Week Range: $6.01 - $22.76
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 8.67
- P/E Growth: 0.64
Sales & Book Value:- Annual Revenue: $1.52 billion
- Price / Sales: 0.38
- Book Value: $1.74 per share
- Price / Book: 5.18
Profitability:Debt:- Debt-to-Equity Ratio: 12.23%
- Current Ratio: 2.47%
- Quick Ratio: 1.17%
Misc:- Average Volume: 876,338 shs.
- Short Ratio: 3.16
Frequently Asked Questions for FORTERRA INC (NASDAQ:FRTA)
What is FORTERRA INC's stock symbol?
FORTERRA INC trades on the NASDAQ under the ticker symbol "FRTA."
How were FORTERRA INC's earnings last quarter?
FORTERRA INC (NASDAQ:FRTA) issued its earnings results on Monday, May, 15th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.24. The business earned $338.30 million during the quarter, compared to analyst estimates of $340.24 million. View FORTERRA INC's Earnings History.
Where is FORTERRA INC's stock going? Where will FORTERRA INC's stock price be in 2017?
9 analysts have issued 12-month target prices for FORTERRA INC's stock. Their predictions range from $8.50 to $23.00. On average, they anticipate FORTERRA INC's share price to reach $17.19 in the next twelve months. View Analyst Ratings for FORTERRA INC.
Are investors shorting FORTERRA INC?
FORTERRA INC saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 2,287,245 shares, an increase of 41.3% from the May 31st total of 1,619,148 shares. Based on an average daily volume of 928,183 shares, the days-to-cover ratio is currently 2.5 days. Currently, 3.6% of the company's shares are sold short.
Who are some of FORTERRA INC's key competitors?
Some companies that are related to FORTERRA INC include Advanced Drainage Systems (WMS), Boise Cascade, L.L.C. (BCC), Winnebago Industries (WGO), Cementos Pacasmayo S.A.A. (CPAC), Gibraltar Industries (ROCK), Argan (AGX), Deltic Timber Corporation (DEL), Continental Building Products (CBPX), Aegion Corp (AEGN), Team (TISI), Quanex Building Products Corporation (NX), M/I Homes (MHO), Lyon William Homes (WLH), Century Communities (CCS), Foundation Building Materials (FBM), Armstrong Flooring (AFI), Beazer Homes USA (BZH) and Grana y Montero S.A.A. (GRAM).
Who are FORTERRA INC's key executives?
FORTERRA INC's management team includes the folowing people:
- 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
- Samuel D. Loughlin, Director Nominee
When did FORTERRA INC IPO?
(FRTA) raised $368 million in an initial public offering 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 INC stock?
Who sold FORTERRA INC stock? Who is selling FORTERRA INC stock?
How do I buy FORTERRA INC stock?
Shares of FORTERRA INC 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 INC's stock price today?
One share of FORTERRA INC stock can currently be purchased for approximately $9.02.
MarketBeat Community Rating for FORTERRA INC (NASDAQ FRTA)MarketBeat's community ratings are surveys of what our community members think about FORTERRA INC 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.
Consensus Ratings for FORTERRA INC (NASDAQ:FRTA) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 6 Hold Ratings, 3 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.33) |
| Consensus Price Target: | $17.19 (90.55% upside) |
Analysts' Ratings History for FORTERRA INC (NASDAQ:FRTA)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/27/2017 | Royal Bank Of Canada | Lower Price Target | Sector Perform -> Sector Perform | $16.00 -> $10.00 | High |  |
| 6/22/2017 | Citigroup Inc. | Lower Price Target | Neutral -> Neutral | $17.00 -> $8.50 | High | |
| 5/17/2017 | Barclays PLC | Reiterated Rating | Overweight | $23.00 -> $18.00 | High | |
| 5/16/2017 | SunTrust Banks, Inc. | Downgrade | Buy -> Hold | $14.00 | High | |
| 4/28/2017 | Seaport Global Securities | Reiterated Rating | Buy | $23.00 | Low | |
| 11/18/2016 | Stephens | Initiated Coverage | Equal Weight | | N/A | |
| 11/14/2016 | Oppenheimer Holdings, Inc. | Initiated Coverage | Outperform | $23.00 | N/A | |
| 11/14/2016 | Deutsche Bank AG | Initiated Coverage | Hold | $20.00 | N/A | |
| 11/14/2016 | Goldman Sachs Group, Inc. (The) | Initiated Coverage | Neutral | $21.00 | N/A | |
(Data available from 7/24/2015 forward)
Earnings History for FORTERRA INC (NASDAQ:FRTA)Earnings History by Quarter for FORTERRA INC (NASDAQ FRTA)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/15/2017 | Q1 2017 | ($0.07) | ($0.31) | $340.24 million | $338.30 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for FORTERRA INC (NASDAQ:FRTA)2017 EPS Consensus Estimate: $0.56
2018 EPS Consensus Estimate: $0.74
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | ($0.09) | ($0.01) | ($0.05) |
| Q2 2017 | 3 | $0.03 | $0.44 | $0.19 |
| Q3 2017 | 3 | $0.28 | $0.52 | $0.38 |
| Q4 2017 | 3 | $0.00 | $0.12 | $0.04 |
| Q1 2018 | 1 | ($0.07) | ($0.07) | ($0.07) |
| Q2 2018 | 1 | $0.27 | $0.27 | $0.27 |
| Q3 2018 | 1 | $0.50 | $0.50 | $0.50 |
| Q4 2018 | 1 | $0.04 | $0.04 | $0.04 |
(Data provided by Zacks Investment Research)
Dividend History for FORTERRA INC (NASDAQ:FRTA)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for FORTERRA INC (NASDAQ:FRTA)Insider Ownership Percentage: 0.33%
Institutional Ownership Percentage: 99.76%
Insider Trades by Quarter for FORTERRA INC (NASDAQ:FRTA)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 11/23/2016 | John P Grayken | Major Shareholder | Sell | 262,224 | $17.01 | $4,460,430.24 | |
(Data available from 1/1/2013 forward)
Headline Trends for FORTERRA INC (NASDAQ:FRTA)
Latest Headlines for FORTERRA INC (NASDAQ:FRTA)
| Source: |
|
| Date | Headline |
|---|
 | Forterra Inc (NASDAQ:FRTA) Downgraded by ValuEngine
www.americanbankingnews.com - July 21 at 12:04 AM |
| Forterra Inc (NASDAQ:FRTA) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - July 20 at 9:02 PM |
 | Forterra, Inc. breached its 50 day moving average in a Bullish Manner : FRTA-US : July 20, 2017
finance.yahoo.com - July 20 at 4:30 PM |
| Q2 2017 Earnings Estimate for FORTERRA INC (NASDAQ:FRTA) Issued By Seaport Global Securities
www.americanbankingnews.com - July 17 at 7:40 AM |
| Zacks: Brokerages Anticipate FORTERRA INC (FRTA) Will Post Quarterly Sales of $446.56 Million
www.americanbankingnews.com - July 9 at 9:38 AM |
| Forterra (NASDAQ:FRTA) and Smart Sand (SND) Critical Review
www.americanbankingnews.com - July 8 at 8:14 PM |
| $0.08 Earnings Per Share Expected for Forterra Inc (NASDAQ:FRTA) This Quarter
www.americanbankingnews.com - July 7 at 12:24 PM |
| GCP Applied Technologies (GCP) vs. FORTERRA INC (NASDAQ:FRTA) Financial Comparison
www.americanbankingnews.com - July 4 at 8:25 AM |
| Forterra Inc (NASDAQ:FRTA) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 3 at 2:49 PM |
| Forterra Inc (FRTA) Short Interest Up 41.3% in June
www.americanbankingnews.com - June 30 at 7:14 AM |
 | Bloomberg Markets: Dave Wilson’s Stock of the Day for June 26
www.bloomberg.com - June 27 at 4:47 AM |
 | Forterra (FRTA) Reports Definitive Agreement with Thompson Pipe Group
www.streetinsider.com - June 27 at 4:47 AM |
| Forterra Announces Definitive Agreement with Thompson Pipe Group
finance.yahoo.com - June 26 at 6:44 PM |
| Forterra Inc (FRTA) PT Lowered to $8.50
www.americanbankingnews.com - June 22 at 9:54 AM |
| Analysts Anticipate FORTERRA INC (FRTA) Will Announce Quarterly Sales of $446.56 Million
www.americanbankingnews.com - June 15 at 11:22 AM |
| $0.08 EPS Expected for Forterra Inc (FRTA) This Quarter
www.americanbankingnews.com - June 13 at 12:34 PM |
| Forterra Finance, LLC -- Moody's changes Forterra Finance LLC's outlook to negative; affirms B1 rating
finance.yahoo.com - June 9 at 5:44 PM |
| Forterra Inc (FRTA) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 6 at 2:46 PM |
| What Falling Estimates & Price Mean for Forterra (FRTA)
finance.yahoo.com - June 5 at 11:04 AM |
| Post Earnings Coverage as Forterra's Sales Soared 81% Driven by Acquisition
finance.yahoo.com - June 2 at 6:38 PM |
| Forterra Inc (FRTA) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - June 1 at 10:35 PM |
| Forterra Inc (FRTA) Upgraded by ValuEngine to "Buy"
www.americanbankingnews.com - June 1 at 3:36 PM |
| Forterra Inc (FRTA) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 26 at 10:28 PM |
| INVESTOR ALERT: Khang & Khang LLP Announces an Investigation of Forterra, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - May 24 at 12:05 PM |
| INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Forterra, Inc. -- FRTA
finance.yahoo.com - May 23 at 4:57 PM |
 | Why Amgen, Inc. (AMGN), Advanced Micro Devices, Inc. (AMD) and Forterra Inc (FRTA) Are 3 of Today’s Worst Stocks
investorplace.com - May 22 at 5:43 PM |
| Why Amgen, Inc. (AMGN), Advanced Micro Devices, Inc. (AMD) and Forterra Inc (FRTA) Are 3 of Today’s Worst Stocks
investorplace.com - May 22 at 5:19 PM |
| Forterra Inc (FRTA) Expected to Post Quarterly Sales of $446.56 Million
www.americanbankingnews.com - May 21 at 9:04 AM |
| INVESTOR ALERT: Investigation of Forterra Announced by Holzer & Holzer
www.streetinsider.com - May 19 at 5:02 PM |
| INVESTOR ALERT: Investigation of Forterra Announced by Holzer & Holzer
finance.yahoo.com - May 19 at 8:21 AM |
| SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Forterra, Inc. - FRTA
finance.yahoo.com - May 19 at 8:21 AM |
| SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Forterra, Inc. (FRTA)
finance.yahoo.com - May 19 at 8:21 AM |
| SHAREHOLDER ALERT: Goldberg Law PC Announces an Investigation of Forterra, Inc.
finance.yahoo.com - May 19 at 8:21 AM |
| SunTrust Banks Analysts Cut Earnings Estimates for Forterra Inc (FRTA)
www.americanbankingnews.com - May 18 at 8:06 AM |
| Forterra Inc Expected to Earn Q2 2017 Earnings of $0.06 Per Share (FRTA)
www.americanbankingnews.com - May 18 at 8:06 AM |
| Forterra Inc (FRTA) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 18 at 7:30 AM |
 | INVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of Forterra, Inc. Investors
www.businesswire.com - May 17 at 5:18 PM |
| INVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of Forterra, Inc. Investors
finance.yahoo.com - May 17 at 5:18 PM |
| Forterra's (FRTA) Overweight Rating Reaffirmed at Barclays PLC
www.americanbankingnews.com - May 17 at 1:32 PM |
| Analysts Offer Predictions for Forterra Inc's FY2018 Earnings (FRTA)
www.americanbankingnews.com - May 17 at 12:50 PM |
| Forterra Inc (FRTA) to Post Q3 2017 Earnings of $0.40 Per Share, Seaport Global Securities Forecasts
www.americanbankingnews.com - May 17 at 8:20 AM |
| Why Forterra Inc's Shares Plunged 14% Today
finance.yahoo.com - May 16 at 10:16 PM |
| Zacks: Analysts Expect Forterra Inc (FRTA) Will Post Earnings of $0.40 Per Share
www.americanbankingnews.com - May 16 at 8:14 PM |
| Forterra Inc (FRTA) Releases Earnings Results, Misses Expectations By $0.24 EPS
www.americanbankingnews.com - May 16 at 4:46 PM |
| Forterra Inc (FRTA) Downgraded by Citigroup Inc to "Neutral"
www.americanbankingnews.com - May 16 at 12:20 PM |
| SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Forterra ...
www.businesswire.com - May 16 at 11:41 AM |
 | Forterra's (FRTA) CEO Jeff Bradley on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 16 at 11:41 AM |
| Wolf Popper LLP Announces Investigation of Fraud Claims on Behalf of Investors in Forterra, Inc.
finance.yahoo.com - May 16 at 11:41 AM |
| SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Forterra, Inc.
finance.yahoo.com - May 16 at 11:41 AM |
| Forterra, Inc. breached its 50 day moving average in a Bearish Manner : FRTA-US : May 16, 2017
finance.yahoo.com - May 16 at 11:41 AM |
FORTERRA INC (FRTA) Chart for Monday, July, 24, 2017
