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
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-12.92
Forward P/E Ratio-53.74
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.58 billion
Price / Sales0.41
Cash Flow$1.1485 per share
Price / Cash8.89
Book Value$2.06 per share
Price / Book4.96
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
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 earnings results on Tuesday, May, 8th. The construction company reported ($0.34) earnings per share for the quarter, topping the consensus estimate of ($0.44) by $0.10. The construction company had revenue of $289.96 million for 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%. The firm's revenue for the quarter was down 14.3% compared to the same quarter last year. During the same period in the prior year, the business 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?
7 equities research analysts have issued twelve-month price objectives for Forterra's shares. Their predictions range from $7.00 to $21.00. On average, they expect Forterra's share price to reach $10.8571 in the next year. View Analyst Ratings for Forterra.
Who are some of Forterra's key competitors?
Some companies that are related to Forterra include TRI Pointe Group (TPH), KBR (KBR), Grafton Group (GROUF), Taylor Morrison Home (TMHC), Universal Forest Products (UFPI), Granite Construction (GVA), Altair Engineering (ALTR), GCP Applied Technologies (GCP), KB Home (KBH), CHINA Rwy Const/ADR (CWYCY), Titan Cement (TITCY), ABM Industries (ABM), HOPEWELL Hwy IN/ADR (HHILY), Cavco Industries (CVCO) and Installed Building Products (IBP).
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 served as the underwriters for the IPO and Oppenheimer, Stephens and SunTrust Robinson Humphrey were co-managers.
Has Forterra been receiving favorable news coverage?
Media coverage about FRTA stock has trended somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Forterra earned a coverage optimism score of 0.14 on Accern's scale. They also assigned news coverage about the construction company an impact score of 47.02 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Forterra's major shareholders?
Forterra's stock is owned by many different of retail and institutional investors. Top institutional investors include Frontier Capital Management Co. LLC (4.85%), Taylor Asset Management Inc. (0.69%), Millennium Management LLC (0.14%), GSA Capital Partners LLP (0.14%), Dimensional Fund Advisors LP (0.10%) and Element Capital Management LLC (0.07%). Company insiders that own Forterra stock include Chadwick S Suss, Chris Meyer, Jeff Bradley, John P Grayken, John R Mcpherson, Lori M Browne, Mark D Carpenter, William Kerfin and William Matthew Brown. View Institutional Ownership Trends for Forterra.
Which institutional investors are selling Forterra stock?
Which institutional investors are buying Forterra stock?
FRTA stock was bought by a variety of institutional investors in the last quarter, including Taylor Asset Management Inc., Millennium Management LLC, GSA Capital Partners LLP, Dimensional Fund Advisors LP, Element Capital Management LLC, Global X Management Co. LLC, First Mercantile Trust Co. and Trexquant Investment LP. Company insiders that have bought Forterra stock in the last two years include Chadwick S Suss, Chris Meyer, Jeff Bradley, John R Mcpherson, Lori M Browne, Mark D Carpenter, William Kerfin and William Matthew Brown. View Insider Buying and Selling for Forterra.
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 $10.21.
How big of a company is Forterra?
Forterra has a market capitalization of $653.16 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 (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.
