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
Stock Exchange NASDAQ
Industry Concrete products, not elsewhere classified
Sub-IndustryN/A
SectorConstruction
SymbolNASDAQ:FRTA
CUSIPN/A
Phone469-458-7973
Debt
Debt-to-Equity Ratio11.17
Current Ratio2.42
Quick Ratio1.24
Price-To-Earnings
Trailing P/E Ratio-10.32
Forward P/E Ratio-32.60
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.58 billion
Price / Sales0.33
Cash Flow$1.1777 per share
Price / Cash6.92
Book Value$2.06 per share
Price / Book3.96
Profitability
EPS (Most Recent Fiscal Year)($0.79)
Net Income$-2,060,000.00
Net Margins0.04%
Return on Equity-47.37%
Return on Assets-2.79%
Miscellaneous
Employees4,729
Outstanding Shares64,220,000
Market Cap$508.65
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) announced its quarterly earnings results on Tuesday, May, 8th. The construction company reported ($0.34) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.44) by $0.10. The construction company had revenue of $289.96 million for the quarter, compared to the consensus estimate of $310.89 million. Forterra had a net margin of 0.04% and a negative return on equity of 47.37%. The company's revenue for the quarter was down 14.3% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.35) earnings per share. View Forterra's Earnings History.
When is Forterra's next earnings date?
What price target have analysts set for FRTA?
8 Wall Street analysts have issued 12-month target prices for Forterra's shares. Their predictions range from $7.00 to $21.00. On average, they expect Forterra's stock price to reach $10.50 in the next year. This suggests a possible upside of 28.8% from the stock's current price. View Analyst Ratings for Forterra.
What is the consensus analysts' recommendation for Forterra?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forterra in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Forterra's key competitors?
Some companies that are related to Forterra include Cavco Industries (CVCO), ABM Industries (ABM), Meritage Homes (MTH), AAON (AAON), HOPEWELL Hwy IN/ADR (HHILY), M.D.C. (MDC), Installed Building Products (IBP), Boise Cascade (BCC), Comfort Systems USA (FIX), Fenner (FNERF), Chicago Bridge & Iron (CBI), Advanced Drainage Systems (WMS), Senior (SNIRF), Arcadis (ARCAY) and MRV ENGENHARIA/S (MRVNY).
Who are Forterra's key executives?
Forterra's management team includes the folowing people:
- Mr. Jeffrey K. Bradley, Pres, CEO & Director (Age 58)
- Ms. Lori M. Browne, Exec. VP, Gen. Counsel & Sec. (Age 43)
- Mr. Mark D. Carpenter, Pres of Drainage Pipe & Products and Gen. Mang. of Drainage Pipe & Products (Age 50)
- Mr. William Kerfin, Pres of Water Pipe & Products (Age 50)
- Mr. Charles R. Brown II, Exec. VP, & CFO
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 acted as the underwriters for the IPO and Oppenheimer, Stephens and SunTrust Robinson Humphrey were co-managers.
Has Forterra been receiving favorable news coverage?
News coverage about FRTA stock has been trending positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Forterra earned a media sentiment score of 0.32 on Accern's scale. They also assigned news coverage about the construction company an impact score of 47.11 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
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 $8.15.
How big of a company is Forterra?
Forterra has a market capitalization of $508.65 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.
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.
