FORTERRA INC Company Profile (NASDAQ:FRTA)

About FORTERRA INC (NASDAQ:FRTA)

FORTERRA INC 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 - 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: $7.75
  • 200 Day Moving Avg: $15.17
  • 52 Week Range: $6.01 - $22.76
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.58
  • 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: 5.13
Profitability:
  • EBIDTA: $179.63 million
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) announced its quarterly earnings results on Monday, May, 15th. The company reported ($0.31) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.07) by $0.24. The firm 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 price objectives for FORTERRA INC's stock. Their predictions range from $8.50 to $23.00. On average, they expect FORTERRA INC's stock price to reach $16.81 in the next year. 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 short-interest ratio is presently 2.5 days. Currently, 3.6% of the shares of the company are short sold.

Who are some of FORTERRA INC's key competitors?

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

Who owns FORTERRA INC stock?

FORTERRA INC's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.75%). View Institutional Ownership Trends for FORTERRA INC.

Who sold FORTERRA INC stock? Who is selling FORTERRA INC stock?

FORTERRA INC's stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC. View Insider Buying and Selling for FORTERRA INC.

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 $8.92.


MarketBeat Community Rating for FORTERRA INC (NASDAQ FRTA)
Community Ranking:  2.5 out of 5 (  )
Outperform Votes:  54 (Vote Outperform)
Underperform Votes:  56 (Vote Underperform)
Total Votes:  110
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.

Analyst Ratings

Consensus Ratings for FORTERRA INC (NASDAQ:FRTA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $16.81 (88.48% upside)

Analysts' Ratings History for FORTERRA INC (NASDAQ:FRTA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/24/2017Barclays PLCReiterated RatingBuy$18.00 -> $15.00LowView Rating Details
6/27/2017Royal Bank Of CanadaLower Price TargetSector Perform -> Sector Perform$16.00 -> $10.00HighView Rating Details
6/22/2017Citigroup Inc.Lower Price TargetNeutral -> Neutral$17.00 -> $8.50HighView 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 7/25/2015 forward)

Earnings

Earnings History for FORTERRA INC (NASDAQ:FRTA)
Earnings by Quarter for FORTERRA INC (NASDAQ:FRTA)
Earnings History by Quarter for FORTERRA INC (NASDAQ FRTA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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 INC (NASDAQ:FRTA)
2017 EPS Consensus Estimate: $0.56
2018 EPS Consensus Estimate: $0.74
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.09)($0.01)($0.05)
Q2 20173$0.03$0.44$0.19
Q3 20173$0.28$0.52$0.38
Q4 20173$0.00$0.12$0.04
Q1 20181($0.07)($0.07)($0.07)
Q2 20181$0.27$0.27$0.27
Q3 20181$0.50$0.50$0.50
Q4 20181$0.04$0.04$0.04
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

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)
Institutional Ownership by Quarter for FORTERRA INC (NASDAQ:FRTA)
Insider Trades by Quarter for FORTERRA INC (NASDAQ:FRTA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 INC (NASDAQ:FRTA)
Latest Headlines for FORTERRA INC (NASDAQ:FRTA)
Source:
DateHeadline
americanbankingnews.com logoForterra Inc (NASDAQ:FRTA) Rating Reiterated by Barclays PLC
www.americanbankingnews.com - July 24 at 4:50 PM
americanbankingnews.com logoForterra Inc (NASDAQ:FRTA) Downgraded by ValuEngine
www.americanbankingnews.com - July 21 at 12:04 AM
americanbankingnews.com logoForterra Inc (NASDAQ:FRTA) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - July 20 at 9:02 PM
finance.yahoo.com logoForterra, 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
americanbankingnews.com logoQ2 2017 Earnings Estimate for FORTERRA INC (NASDAQ:FRTA) Issued By Seaport Global Securities
www.americanbankingnews.com - July 17 at 7:40 AM
americanbankingnews.com logoZacks: Brokerages Anticipate FORTERRA INC (FRTA) Will Post Quarterly Sales of $446.56 Million
www.americanbankingnews.com - July 9 at 9:38 AM
americanbankingnews.com logoForterra (NASDAQ:FRTA) and Smart Sand (SND) Critical Review
www.americanbankingnews.com - July 8 at 8:14 PM
americanbankingnews.com logo$0.08 Earnings Per Share Expected for Forterra Inc (NASDAQ:FRTA) This Quarter
www.americanbankingnews.com - July 7 at 12:24 PM
americanbankingnews.com logoGCP Applied Technologies (GCP) vs. FORTERRA INC (NASDAQ:FRTA) Financial Comparison
www.americanbankingnews.com - July 4 at 8:25 AM
americanbankingnews.com logoForterra Inc (NASDAQ:FRTA) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 3 at 2:49 PM
americanbankingnews.com logoForterra Inc (FRTA) Short Interest Up 41.3% in June
www.americanbankingnews.com - June 30 at 7:14 AM
bloomberg.com logoBloomberg Markets: Dave Wilson’s Stock of the Day for June 26
www.bloomberg.com - June 27 at 4:47 AM
streetinsider.com logoForterra (FRTA) Reports Definitive Agreement with Thompson Pipe Group
www.streetinsider.com - June 27 at 4:47 AM
finance.yahoo.com logoForterra Announces Definitive Agreement with Thompson Pipe Group
finance.yahoo.com - June 26 at 6:44 PM
americanbankingnews.com logoForterra Inc (FRTA) PT Lowered to $8.50
www.americanbankingnews.com - June 22 at 9:54 AM
americanbankingnews.com logo Analysts Anticipate FORTERRA INC (FRTA) Will Announce Quarterly Sales of $446.56 Million
www.americanbankingnews.com - June 15 at 11:22 AM
americanbankingnews.com logo$0.08 EPS Expected for Forterra Inc (FRTA) This Quarter
www.americanbankingnews.com - June 13 at 12:34 PM
finance.yahoo.com logoForterra Finance, LLC -- Moody's changes Forterra Finance LLC's outlook to negative; affirms B1 rating
finance.yahoo.com - June 9 at 5:44 PM
americanbankingnews.com logoForterra Inc (FRTA) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 6 at 2:46 PM
finance.yahoo.com logoWhat Falling Estimates & Price Mean for Forterra (FRTA)
finance.yahoo.com - June 5 at 11:04 AM
finance.yahoo.com logoPost Earnings Coverage as Forterra's Sales Soared 81% Driven by Acquisition
finance.yahoo.com - June 2 at 6:38 PM
americanbankingnews.com logoForterra Inc (FRTA) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - June 1 at 10:35 PM
americanbankingnews.com logoForterra Inc (FRTA) Upgraded by ValuEngine to "Buy"
www.americanbankingnews.com - June 1 at 3:36 PM
americanbankingnews.com logoForterra Inc (FRTA) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 26 at 10:28 PM
finance.yahoo.com logoINVESTOR 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
finance.yahoo.com logoINVESTOR 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
investorplace.com logoWhy 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
investorplace.com logoWhy 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
americanbankingnews.com logoForterra Inc (FRTA) Expected to Post Quarterly Sales of $446.56 Million
www.americanbankingnews.com - May 21 at 9:04 AM
streetinsider.com logoINVESTOR ALERT: Investigation of Forterra Announced by Holzer & Holzer
www.streetinsider.com - May 19 at 5:02 PM
finance.yahoo.com logoINVESTOR ALERT: Investigation of Forterra Announced by Holzer & Holzer
finance.yahoo.com - May 19 at 8:21 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Forterra, Inc. - FRTA
finance.yahoo.com - May 19 at 8:21 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Forterra, Inc. (FRTA)
finance.yahoo.com - May 19 at 8:21 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Goldberg Law PC Announces an Investigation of Forterra, Inc.
finance.yahoo.com - May 19 at 8:21 AM
americanbankingnews.com logoSunTrust Banks Analysts Cut Earnings Estimates for Forterra Inc (FRTA)
www.americanbankingnews.com - May 18 at 8:06 AM
americanbankingnews.com logoForterra Inc Expected to Earn Q2 2017 Earnings of $0.06 Per Share (FRTA)
www.americanbankingnews.com - May 18 at 8:06 AM
americanbankingnews.com logoForterra Inc (FRTA) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 18 at 7:30 AM
businesswire.com logoINVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of Forterra, Inc. Investors
www.businesswire.com - May 17 at 5:18 PM
finance.yahoo.com logoINVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of Forterra, Inc. Investors
finance.yahoo.com - May 17 at 5:18 PM
americanbankingnews.com logoForterra's (FRTA) Overweight Rating Reaffirmed at Barclays PLC
www.americanbankingnews.com - May 17 at 1:32 PM
americanbankingnews.com logoAnalysts Offer Predictions for Forterra Inc's FY2018 Earnings (FRTA)
www.americanbankingnews.com - May 17 at 12:50 PM
americanbankingnews.com logoForterra 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
finance.yahoo.com logoWhy Forterra Inc's Shares Plunged 14% Today
finance.yahoo.com - May 16 at 10:16 PM
americanbankingnews.com logoZacks: Analysts Expect Forterra Inc (FRTA) Will Post Earnings of $0.40 Per Share
www.americanbankingnews.com - May 16 at 8:14 PM
americanbankingnews.com logoForterra Inc (FRTA) Releases Earnings Results, Misses Expectations By $0.24 EPS
www.americanbankingnews.com - May 16 at 4:46 PM
americanbankingnews.com logoForterra Inc (FRTA) Downgraded by Citigroup Inc to "Neutral"
www.americanbankingnews.com - May 16 at 12:20 PM
businesswire.com logoSHAREHOLDER 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
seekingalpha.com logoForterra's (FRTA) CEO Jeff Bradley on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 16 at 11:41 AM
finance.yahoo.com logoWolf Popper LLP Announces Investigation of Fraud Claims on Behalf of Investors in Forterra, Inc.
finance.yahoo.com - May 16 at 11:41 AM
finance.yahoo.com logoSHAREHOLDER 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

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Chart

FORTERRA INC (FRTA) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by MarketBeat.com Staff