NASDAQ:FRTA - Forterra Stock Price, Forecast & News

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

Forterra Inc (NASDAQ:FRTA) released its quarterly earnings results on Monday, November, 4th. The construction company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.23. The construction company earned $464.50 million during the quarter, compared to the consensus estimate of $439.68 million. Forterra had a negative return on equity of 15.65% and a negative net margin of 1.10%. The business's revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.09 EPS. View Forterra's Earnings History.

Forterra is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Forterra.

Forterra will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

6 Wall Street analysts have issued 1-year target prices for Forterra's stock. Their forecasts range from $5.50 to $16.00. On average, they expect Forterra's stock price to reach $11.71 in the next year. This suggests that the stock has a possible downside of 23.8%. View Analyst Price Targets for Forterra.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forterra in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Forterra.

News stories about FRTA stock have been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Forterra earned a coverage optimism score of 2.1 on InfoTrie's scale. They also gave headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Forterra.

Forterra saw a decline in short interest in the month of January. As of January 15th, there was short interest totalling 3,310,000 shares, a decline of 13.1% from the December 31st total of 3,810,000 shares. Based on an average daily trading volume, of 351,800 shares, the short-interest ratio is presently 9.4 days. Currently, 18.1% of the company's stock are sold short. View Forterra's Current Options Chain.

Some companies that are related to Forterra include BABCOCK Intl Gr/ADR (BCKIY), Frontdoor (FTDR), Rayonier (RYN), Louisiana-Pacific (LPX), Simpson Manufacturing (SSD), Gates Industrial (GTES), Eagle Materials (EXP), KB Home (KBH), Universal Forest Products (UFPI), ROTORK PLC/ADR (RTOXY), IMI PLC/S (IMIAY), Taylor Morrison Home (TMHC), Grafton Group (GROUF), AAON (AAON) and M.D.C. (MDC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Forterra investors own include Intelsat (I), Bank of America (BAC), Babcock & Wilcox Enterprises (BW), Cleveland-Cliffs (CLF), Advanced Micro Devices (AMD), Fossil Group (FOSL), Ciena (CIEN), Twilio (TWLO), Ultra Clean (UCTT) and AMC Entertainment (AMC).

(FRTA) raised $368 million in an 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 acted as the underwriters for the IPO and Oppenheimer, Stephens and SunTrust Robinson Humphrey were co-managers.

Forterra's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (2.78%), Geode Capital Management LLC (0.94%), State Street Corp (0.54%), Marshall Wace LLP (0.43%), Assenagon Asset Management S.A. (0.30%) and Bank of America Corp DE (0.29%). Company insiders that own Forterra stock include Charles Rodney Brown, Clinton D Mcdonnough, Jeff Bradley, Karl Watson, Lori M Browne and Vikrant Bhatia. View Institutional Ownership Trends for Forterra.

FRTA stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Bank of New York Mellon Corp, Valeo Financial Advisors LLC, California Public Employees Retirement System, Renaissance Technologies LLC, Alliancebernstein L.P., Ladenburg Thalmann Financial Services Inc. and Oppenheimer & Co. Inc.. View Insider Buying and Selling for Forterra.

FRTA stock was purchased by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, Marshall Wace LLP, Assenagon Asset Management S.A., Bank of America Corp DE, Cooper Creek Partners Management LLC, Prudential Financial Inc., EAM Global Investors LLC and EAM Investors LLC. Company insiders that have bought Forterra stock in the last two years include Charles Rodney Brown, Clinton D Mcdonnough, Jeff Bradley, Karl Watson, Lori M Browne and Vikrant Bhatia. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of FRTA stock can currently be purchased for approximately $15.37.

Forterra has a market capitalization of $994.75 million and generates $1.48 billion in revenue each year. The construction company earns $-24,360,000.00 in net income (profit) each year or ($0.44) on an earnings per share basis. Forterra employs 4,672 workers across the globe.View Additional Information About Forterra.

The official website for Forterra is http://www.forterrabp.com/.

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]