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-10.16
Forward P/E Ratio-31.52
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.58 billion
Price / Sales0.32
Cash Flow$1.0649 per share
Price / Cash7.40
Book Value$2.06 per share
Price / Book3.83
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$543.34
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) issued its quarterly earnings results on Tuesday, May, 8th. The construction company reported ($0.34) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.44) by $0.10. The construction company earned $289.96 million during the quarter, compared to analyst estimates of $310.89 million. Forterra had a net margin of 0.04% and a negative return on equity of 47.37%. Forterra's quarterly revenue was down 14.3% compared to the same quarter last year. During the same period last year, the business earned ($0.35) EPS. View Forterra's Earnings History.
When is Forterra's next earnings date?
What price target have analysts set for FRTA?
8 analysts have issued twelve-month price targets for Forterra's shares. Their forecasts range from $7.00 to $21.00. On average, they expect Forterra's share price to reach $10.50 in the next twelve months. This suggests a possible upside of 33.2% 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 Titan Cement (TITCY), GCP Applied Technologies (GCP), ABM Industries (ABM), CHINA Rwy Const/ADR (CWYCY), Cavco Industries (CVCO), AAON (AAON), Meritage Homes (MTH), HOPEWELL Hwy IN/ADR (HHILY), Comfort Systems USA (FIX), M.D.C. (MDC), Boise Cascade (BCC), Installed Building Products (IBP), Fenner (FNERF), Chicago Bridge & Iron (CBI) and Advanced Drainage Systems (WMS).
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 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.
Has Forterra been receiving favorable news coverage?
News articles about FRTA stock have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Forterra earned a media sentiment score of 0.09 on Accern's scale. They also assigned news articles about the construction company an impact score of 45.62 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
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 $7.88.
How big of a company is Forterra?
Forterra has a market capitalization of $543.34 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.
