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
Phone469-458-7973
Debt
Current Ratio2.22
Quick Ratio1.24
Price-To-Earnings
Sales & Book Value
Annual Sales$1.58 billion
Price / Sales0.20
Price / Cash Flow4.10
Price / Book2.33
Profitability
Net Income$-2,060,000.00
Net Margins2.38%
Return on Assets-1.56%
Miscellaneous
Employees4,729
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) released its earnings results on Tuesday, November, 6th. The construction company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by $0.02. The construction company had revenue of $434.51 million for the quarter, compared to analyst estimates of $449.72 million. Forterra had a net margin of 2.38% and a negative return on equity of 23.03%. The business's revenue for the quarter was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.18) earnings per share. View Forterra's Earnings History.
When is Forterra's next earnings date?
What price target have analysts set for FRTA?
6 brokers have issued twelve-month target prices for Forterra's shares. Their predictions range from $5.00 to $21.00. On average, they expect Forterra's stock price to reach $10.25 in the next twelve months. This suggests a possible upside of 117.2% 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 1 sell rating, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Forterra.
Has Forterra been receiving favorable news coverage?
Headlines about FRTA stock have trended somewhat negative this week, InfoTrie reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. 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 coverage optimism score of -1.6 on InfoTrie's scale. They also assigned media headlines about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.
Who are some of Forterra's key competitors?
Some companies that are related to Forterra include Gibraltar Industries (ROCK), Arcadis (ARCAY), Primoris Services (PRIM), Boise Cascade (BCC), NCI Building Systems (NCS), PGT Innovations (PGTI), Continental Building Products (CBPX), Winnebago Industries (WGO), Tutor Perini (TPC), Patrick Industries (PATK), Cementos Pacasmayo (CPAC), M/I Homes (MHO), Century Communities (CCS), Argan (AGX) and Aegion (AEGN).
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. Charlie L. Ward, Sr. VP and Gen. Mang. of Bricks (Age 56)
- Mr. Mark D. Carpenter, Pres of Drainage Pipe & Products (Age 50)
- Mr. William Kerfin, Pres of Water Pipe & Products (Age 50)
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.
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 $4.72.
How big of a company is Forterra?
Forterra has a market capitalization of $301.12 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.
What is Forterra's official website?
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.
