NASDAQ:FRTA - Forterra Stock Price, News, & Analysis

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$4.09 -0.20 (-4.66 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$4.09
Today's Range$3.86 - $4.23
52-Week Range$3.25 - $10.47
Volume440,911 shs
Average Volume366,782 shs
Market Capitalization$262.62 million
P/E Ratio-9.30
Dividend YieldN/A
Beta2.81
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.

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Industry, Sector and Symbol

Industry Concrete products, not elsewhere classified
Sub-IndustryN/A
SectorConstruction
Current SymbolNASDAQ:FRTA
CUSIPN/A
Phone469-458-7973

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.48 billion
Cash Flow$1.3279 per share
Book Value$1.69 per share

Profitability

Net Income$-24,360,000.00

Miscellaneous

Employees4,672
Market Cap$262.62 million
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable

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 Monday, March, 11th. The construction company reported ($0.27) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.27). The construction company earned $339.16 million during the quarter, compared to the consensus estimate of $369.08 million. Forterra had a negative net margin of 1.65% and a negative return on equity of 23.75%. View Forterra's Earnings History.

When is Forterra's next earnings date?

Forterra is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Forterra.

What price target have analysts set for FRTA?

6 analysts have issued 1 year price objectives for Forterra's stock. Their predictions range from $5.00 to $13.00. On average, they expect Forterra's stock price to reach $7.1250 in the next year. This suggests a possible upside of 74.2% from the stock's current price. View Analyst Price Targets for Forterra.

What is the consensus analysts' recommendation for Forterra?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forterra in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Forterra.

Has Forterra been receiving favorable news coverage?

News headlines about FRTA stock have trended neutral recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Forterra earned a news impact score of 0.2 on InfoTrie's scale. They also gave media stories about the construction company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the company's share price in the near future.

Who are some of Forterra's key competitors?

What other stocks do shareholders of Forterra own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Forterra investors own include Intelsat (I), Fossil Group (FOSL), Chaarat Gold (CGH), Bank of America (BAC), First Data (FDC), Associated British Foods (ABF), Ciena (CIEN), Apollo Global Management (APO), tronc (TRNC) and China Unicom (Hong Kong) (CHU).

Who are Forterra's key executives?

Forterra's management team includes the folowing people:
  • Mr. Jeffrey K. Bradley, Pres, CEO & Director (Age 59)
  • Ms. Lori M. Browne, Exec. VP, Gen. Counsel & Sec. (Age 44)
  • Mr. Charlie L. Ward, Sr. VP and Gen. Mang. of Bricks (Age 57)
  • Mr. William Kerfin, Pres of Water Pipe & Products (Age 51)
  • Mr. Charles R. Brown II, Exec. VP, & CFO (Age 54)

When did Forterra IPO?

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

Who are Forterra's major shareholders?

Forterra's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Frontier Capital Management Co. LLC (4.14%), Royce & Associates LP (3.43%), BlackRock Inc. (2.13%), First Trust Advisors LP (0.77%), Intrinsic Edge Capital Management LLC (0.60%) and Northern Trust Corp (0.33%). Company insiders that own Forterra stock include Chadwick S Suss, Charles Rodney Brown, Chris Meyer, Jeff Bradley, John R Mcpherson, Lori M Browne, Mark D Carpenter, William Kerfin and William Matthew Brown. View Institutional Ownership Trends for Forterra.

Which major investors are selling Forterra stock?

FRTA stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Two Sigma Advisers LP, First Trust Advisors LP, BlackRock Inc., California Public Employees Retirement System and Northern Trust Corp. View Insider Buying and Selling for Forterra.

Which major investors are buying Forterra stock?

FRTA stock was acquired by a variety of institutional investors in the last quarter, including Intrinsic Edge Capital Management LLC, Royce & Associates LP, Bank of America Corp DE, Bank of New York Mellon Corp, Manchester Capital Management LLC, Alambic Investment Management L.P., Paloma Partners Management Co and Valeo Financial Advisors LLC. Company insiders that have bought Forterra stock in the last two years include Chadwick S Suss, Charles Rodney Brown, 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 $4.09.

How big of a company is Forterra?

Forterra has a market capitalization of $262.62 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.

What is Forterra's official website?

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

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  207 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  455
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.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

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