Forterra Company Profile (NASDAQ:FRTA)

About Forterra (NASDAQ:FRTA)

Forterra logoForterra, Inc. is a manufacturer of pipe and precast products. The Company offers products for a range of water-related infrastructure applications, including water transmission, distribution and drainage. The Company operates approximately 95 facilities. Its products are available in the United States and Eastern Canada.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: NASDAQ:FRTA
  • CUSIP: N/A
  • Web: www.forterrabp.com
Capitalization:
  • Market Cap: $511.82 million
  • Outstanding Shares: 64,138,000
Average Prices:
  • 50 Day Moving Avg: $16.41
  • 200 Day Moving Avg: $18.59
  • 52 Week Range: $7.84 - $22.76
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.07
  • P/E Growth: 0.53
Sales & Book Value:
  • Annual Revenue: $1.52 billion
  • Price / Sales: 0.34
  • Book Value: $1.74 per share
  • Price / Book: 4.59
Profitability:
  • EBIDTA: $179.63 million
Debt:
  • Debt-to-Equity Ratio: 7.20%
  • Current Ratio: 2.79%
  • Quick Ratio: 1.47%
Misc:
  • Average Volume: 531,650 shs.
  • Short Ratio: 6.21
 

Frequently Asked Questions for Forterra (NASDAQ:FRTA)

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 earnings results on Monday, May, 15th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.07) by $0.24. The business earned $338.30 million during the quarter, compared to the consensus estimate of $340.24 million. View Forterra's Earnings History.

Where is Forterra's stock going? Where will Forterra's stock price be in 2017?

9 brokers have issued 12 month price objectives for Forterra's stock. Their predictions range from $14.00 to $23.00. On average, they expect Forterra's share price to reach $19.00 in the next year. View Analyst Ratings for Forterra.

Who are some of Forterra's key competitors?

Who are Forterra's key executives?

Forterra's management team includes the folowing people:

  • Jeffrey Bradley, Chief Executive Officer, Director
  • William Matthew Brown, Chief Financial Officer, Executive Vice President
  • Mark Carpenter, President - Drainage Pipe & Products
  • William Kerfin, President - Water Pipe & Products
  • Scott Leonard, Chief Operating Officer, Executive Vice President
  • Lori M. Browne, Senior Vice President, General Counsel
  • Ed Sexe, Senior Vice President, General Manager
  • Charles L. Ward, Senior Vice President, General Manager - Bricks
  • Matthew Wayman, Vice President - Corporate Development
  • Kevin J. Barner, Director Nominee

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.

When did Forterra's lock-up period expire?

Forterra's lock-up period expired on Tuesday, April 18th. Forterra had issued 18,420,000 shares in its initial public offering on October 20th. The total size of the offering was $331,560,000 based on an initial share price of $18.00. Since the end of Forterra's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Who owns Forterra stock?

Forterra's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Pictet Asset Management Ltd. (2.83%), FMR LLC (2.48%), Vanguard Group Inc. (2.30%), Peregrine Capital Management LLC (1.69%), Stephens Investment Management Group LLC (1.62%) and Sound Point Capital Management LP (1.48%). View Institutional Ownership Trends for Forterra.

Who sold Forterra stock? Who is selling Forterra stock?

Forterra's stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, JPMorgan Chase & Co., Spark Investment Management LLC, Water Asset Management LLC, Bank of America Corp DE, Principal Financial Group Inc., Nationwide Fund Advisors and Hodges Capital Management Inc.. View Insider Buying and Selling for Forterra.

Who bought Forterra stock? Who is buying Forterra stock?

Forterra's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Sound Point Capital Management LP, Rubric Capital Management LP, Goldman Sachs Group Inc., Vanguard Group Inc., Pictet Asset Management Ltd., Morgan Stanley and Stephens Investment Management Group LLC. View Insider Buying and Selling for Forterra.

How do I buy Forterra stock?

Shares of Forterra can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Forterra's stock price today?

One share of Forterra stock can currently be purchased for approximately $7.98.


MarketBeat Community Rating for Forterra (NASDAQ FRTA)
Community Ranking:  2.3 out of 5 ( )
Outperform Votes:  31 (Vote Outperform)
Underperform Votes:  37 (Vote Underperform)
Total Votes:  68
MarketBeat's community ratings are surveys of what our community members think about Forterra and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Forterra (NASDAQ:FRTA) (?)
Ratings Breakdown: 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $19.00 (138.10% upside)

Analysts' Ratings History for Forterra (NASDAQ:FRTA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/17/2017Barclays PLCReiterated RatingOverweight$23.00 -> $18.00HighView Rating Details
5/16/2017Citigroup IncDowngradeBuy -> Neutral$23.00 -> $17.00HighView Rating Details
5/16/2017SunTrust Banks, Inc.DowngradeBuy -> Hold$14.00HighView Rating Details
5/16/2017Royal Bank of CanadaDowngradeOutperform -> Sector Perform$23.00 -> $16.00HighView Rating Details
4/28/2017Seaport Global SecuritiesReiterated RatingBuy$23.00LowView Rating Details
11/18/2016StephensInitiated CoverageEqual WeightN/AView Rating Details
11/14/2016Oppenheimer Holdings Inc.Initiated CoverageOutperform$23.00N/AView Rating Details
11/14/2016Deutsche Bank AGInitiated CoverageHold$20.00N/AView Rating Details
11/14/2016Goldman Sachs Group IncInitiated CoverageNeutral$21.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Forterra (NASDAQ:FRTA)
Earnings by Quarter for Forterra (NASDAQ:FRTA)
Earnings History by Quarter for Forterra (NASDAQ:FRTA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/15/2017Q1 2017($0.07)($0.31)$340.24 million$338.30 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Forterra (NASDAQ:FRTA)
2017 EPS Consensus Estimate: $0.61
2018 EPS Consensus Estimate: $0.81
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.09)($0.01)($0.05)
Q2 20173$0.06$0.44$0.20
Q3 20173$0.34$0.52$0.42
Q4 20173$0.00$0.12$0.04
Q1 20181($0.07)($0.07)($0.07)
Q2 20181$0.29$0.29$0.29
Q3 20181$0.54$0.54$0.54
Q4 20181$0.05$0.05$0.05
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Forterra (NASDAQ:FRTA)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Forterra (NASDAQ:FRTA)
Institutional Ownership Percentage: 3.99%
Insider Trades by Quarter for Forterra (NASDAQ:FRTA)
Institutional Ownership by Quarter for Forterra (NASDAQ:FRTA)
Insider Trades by Quarter for Forterra (NASDAQ:FRTA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/23/2016John P GraykenMajor ShareholderSell262,224$17.01$4,460,430.24View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Forterra (NASDAQ:FRTA)
Latest Headlines for Forterra (NASDAQ:FRTA)
Source:
DateHeadline
americanbankingnews.com logoForterra Inc (FRTA) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 26 at 10:28 PM
finance.yahoo.com logoINVESTOR ALERT: Khang & Khang LLP Announces an Investigation of Forterra, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - May 24 at 12:05 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Forterra, Inc. -- FRTA
finance.yahoo.com - May 23 at 4:57 PM
investorplace.com logoWhy Amgen, Inc. (AMGN), Advanced Micro Devices, Inc. (AMD) and Forterra Inc (FRTA) Are 3 of Today’s Worst Stocks
investorplace.com - May 22 at 5:43 PM
investorplace.com logoWhy Amgen, Inc. (AMGN), Advanced Micro Devices, Inc. (AMD) and Forterra Inc (FRTA) Are 3 of Today’s Worst Stocks
investorplace.com - May 22 at 5:19 PM
americanbankingnews.com logoForterra Inc (FRTA) Expected to Post Quarterly Sales of $446.56 Million
www.americanbankingnews.com - May 21 at 9:04 AM
streetinsider.com logoINVESTOR ALERT: Investigation of Forterra Announced by Holzer & Holzer
www.streetinsider.com - May 19 at 5:02 PM
finance.yahoo.com logoINVESTOR ALERT: Investigation of Forterra Announced by Holzer & Holzer
finance.yahoo.com - May 19 at 8:21 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Forterra, Inc. - FRTA
finance.yahoo.com - May 19 at 8:21 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Forterra, Inc. (FRTA)
finance.yahoo.com - May 19 at 8:21 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Goldberg Law PC Announces an Investigation of Forterra, Inc.
finance.yahoo.com - May 19 at 8:21 AM
americanbankingnews.com logoSunTrust Banks Analysts Cut Earnings Estimates for Forterra Inc (FRTA)
www.americanbankingnews.com - May 18 at 8:06 AM
americanbankingnews.com logoForterra Inc Expected to Earn Q2 2017 Earnings of $0.06 Per Share (FRTA)
www.americanbankingnews.com - May 18 at 8:06 AM
americanbankingnews.com logoForterra Inc (FRTA) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 18 at 7:30 AM
businesswire.com logoINVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of Forterra, Inc. Investors
www.businesswire.com - May 17 at 5:18 PM
finance.yahoo.com logoINVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of Forterra, Inc. Investors
finance.yahoo.com - May 17 at 5:18 PM
americanbankingnews.com logoForterra's (FRTA) Overweight Rating Reaffirmed at Barclays PLC
www.americanbankingnews.com - May 17 at 1:32 PM
americanbankingnews.com logoAnalysts Offer Predictions for Forterra Inc's FY2018 Earnings (FRTA)
www.americanbankingnews.com - May 17 at 12:50 PM
americanbankingnews.com logoForterra Inc (FRTA) to Post Q3 2017 Earnings of $0.40 Per Share, Seaport Global Securities Forecasts
www.americanbankingnews.com - May 17 at 8:20 AM
finance.yahoo.com logoWhy Forterra Inc's Shares Plunged 14% Today
finance.yahoo.com - May 16 at 10:16 PM
americanbankingnews.com logoZacks: Analysts Expect Forterra Inc (FRTA) Will Post Earnings of $0.40 Per Share
www.americanbankingnews.com - May 16 at 8:14 PM
americanbankingnews.com logoForterra Inc (FRTA) Releases Earnings Results, Misses Expectations By $0.24 EPS
www.americanbankingnews.com - May 16 at 4:46 PM
americanbankingnews.com logoForterra Inc (FRTA) Downgraded by Citigroup Inc to "Neutral"
www.americanbankingnews.com - May 16 at 12:20 PM
businesswire.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Forterra ...
www.businesswire.com - May 16 at 11:41 AM
seekingalpha.com logoForterra's (FRTA) CEO Jeff Bradley on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 16 at 11:41 AM
finance.yahoo.com logoWolf Popper LLP Announces Investigation of Fraud Claims on Behalf of Investors in Forterra, Inc.
finance.yahoo.com - May 16 at 11:41 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Forterra, Inc.
finance.yahoo.com - May 16 at 11:41 AM
finance.yahoo.com logoForterra, Inc. breached its 50 day moving average in a Bearish Manner : FRTA-US : May 16, 2017
finance.yahoo.com - May 16 at 11:41 AM
americanbankingnews.com logoForterra Inc (FRTA) Forecasted to Post Q3 2017 Earnings of $0.52 Per Share
www.americanbankingnews.com - May 16 at 8:18 AM
americanbankingnews.com logoForterra Inc (FRTA) Downgraded to "Sector Perform" at Royal Bank of Canada
www.americanbankingnews.com - May 16 at 7:44 AM
americanbankingnews.com logoForterra Inc (FRTA) Rating Lowered to Hold at SunTrust Banks, Inc.
www.americanbankingnews.com - May 16 at 7:44 AM
fool.com logoWhy Forterra Inc Stock Slumped 24% Today
www.fool.com - May 15 at 1:25 PM
finance.yahoo.com logoForterra Announces Its First Quarter 2017 Results
finance.yahoo.com - May 15 at 11:25 AM
finance.yahoo.com logoInvestor Network: Forterra, Inc. to Host Earnings Call
finance.yahoo.com - May 15 at 11:25 AM
americanbankingnews.com logoForterra Inc (FRTA) Given Buy Rating at Royal Bank of Canada
www.americanbankingnews.com - May 13 at 12:10 PM
americanbankingnews.com logoForterra Inc (FRTA) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 12 at 2:58 PM
americanbankingnews.com logoForterra Inc (FRTA) Upgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - May 9 at 9:50 PM
americanbankingnews.com logoForterra Inc to Post Q1 2017 Earnings of ($0.09) Per Share, Seaport Global Securities Forecasts (FRTA)
www.americanbankingnews.com - May 1 at 7:07 AM
americanbankingnews.com logoForterra Inc (FRTA) Stock Rating Reaffirmed by Seaport Global Securities
www.americanbankingnews.com - April 29 at 1:26 PM
americanbankingnews.com logoForterra Inc (FRTA) Expected to Announce Quarterly Sales of $340.72 Million
www.americanbankingnews.com - April 28 at 9:10 PM
finance.yahoo.com logoForterra, Inc. – Value Analysis (NASDAQ:FRTA) : April 28, 2017
finance.yahoo.com - April 28 at 6:21 PM
finance.yahoo.com logoForterra, Inc. breached its 50 day moving average in a Bullish Manner : FRTA-US : April 27, 2017
finance.yahoo.com - April 27 at 5:52 PM
finance.yahoo.com logoForterra Announces First Quarter 2017 Earnings Schedule
finance.yahoo.com - April 26 at 8:07 PM
americanbankingnews.com logo-$0.06 EPS Expected for Forterra Inc (FRTA) This Quarter
www.americanbankingnews.com - April 26 at 8:19 AM
americanbankingnews.com logoForterra Inc (FRTA) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - April 17 at 3:28 PM
americanbankingnews.com logoQ3 2017 Earnings Estimate for Forterra Inc (FRTA) Issued By SunTrust Banks
www.americanbankingnews.com - April 14 at 11:12 AM
finance.yahoo.com logoPost Earnings Coverage as Forterra's Quarterly Net Sales Surged 80%
finance.yahoo.com - April 12 at 9:52 AM
americanbankingnews.com logoForterra Inc's Lock-Up Period Will Expire on April 18th (NASDAQ:FRTA)
www.americanbankingnews.com - April 11 at 8:54 AM
finance.yahoo.com logoForterra, Inc. breached its 50 day moving average in a Bearish Manner : FRTA-US : April 4, 2017
finance.yahoo.com - April 7 at 9:52 AM
moodys.com logoForterra Finance, LLC -- Moody's rates Forterra's proposed incremental first lien term loan B1
www.moodys.com - April 3 at 10:33 PM

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Chart

Forterra (FRTA) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff