NASDAQ:FRTA - Forterra Stock Price, News & Analysis

$6.76
+0.01 (+0.15 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$6.74
Now: $6.76
$6.91
50-Day Range
$4.97
MA: $6.06
$7.11
52-Week Range
$3.25
Now: $6.76
$9.71
Volume176,300 shs
Average Volume270,195 shs
Market Capitalization$434.67 million
P/E RatioN/A
Dividend YieldN/A
Beta2.18
Forterra, Inc manufactures and sells pipe and precast products the United States, Canada, and Mexico. It operates through Drainage Pipe & Products; and Water Pipe & Products segments. It offers concrete drainage pipes used for storm water applications, residential and non-residential site developments, sanitary sewers, low-pressure sewer force mains, tunneled systems, treatment plant piping, and utility tunnels. Read More…

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$1.3126 per share
Book Value$1.54 per share

Profitability

Net Income$-24,360,000.00

Miscellaneous

Employees4,672
Market Cap$434.67 million
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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, August, 5th. The construction company reported $0.05 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.02. The construction company earned $410.20 million during the quarter, compared to analysts' expectations of $422.54 million. Forterra had a negative net margin of 2.27% and a negative return on equity of 31.23%. Forterra's quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.11 EPS. View Forterra's Earnings History.

When is Forterra's next earnings date?

Forterra is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Forterra.

What price target have analysts set for FRTA?

7 Wall Street analysts have issued 1 year price objectives for Forterra's shares. Their predictions range from $5.00 to $13.00. On average, they expect Forterra's stock price to reach $7.50 in the next year. This suggests a possible upside of 10.9% from the stock's current price. View Analyst Price Targets for Forterra.

What is the consensus analysts' recommendation for Forterra?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forterra in the last year. There are currently 3 hold ratings and 4 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 negative on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media 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 sentiment score of -2.3 on InfoTrie's scale. They also gave news articles about the construction company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Forterra.

Are investors shorting Forterra?

Forterra saw a decline in short interest during the month of July. As of July 31st, there was short interest totalling 4,079,400 shares, a decline of 5.3% from the June 30th total of 4,307,300 shares. Based on an average trading volume of 184,400 shares, the short-interest ratio is presently 22.1 days. Currently, 22.1% of the company's stock are sold short. View Forterra's Current Options Chain.

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 Babcock & Wilcox Enterprises (BW), Intelsat (I), Cleveland-Cliffs (CLF), Fossil Group (FOSL), Bank of America (BAC), First Data (FDC), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC) and Ciena (CIEN).

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. Charles R. Brown II, Exec. VP & CFO (Age 55)
  • Mr. William Kerfin, Pres of Water Pipe & Products (Age 51)

When did Forterra IPO?

(FRTA) raised $368 million in an 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.

Who are Forterra's major shareholders?

Forterra's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Brigade Capital Management LP (4.27%), BlackRock Inc. (2.15%), Vanguard Group Inc. (1.54%), Water Asset Management LLC (0.73%), Northern Trust Corp (0.34%) and Paradigm Capital Management Inc. NY (0.31%). Company insiders that own Forterra stock include Chadwick S Suss, Charles Rodney Brown, Chris Meyer, Clinton D Mcdonnough, Jeff Bradley, John R Mcpherson, Karl Watson, Lori M Browne, Mark D Carpenter, Vikrant Bhatia and William Kerfin. View Institutional Ownership Trends for Forterra.

Which institutional investors are selling Forterra stock?

FRTA stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Morgan Stanley, BlackRock Inc., First Mercantile Trust Co., WINTON GROUP Ltd and Valeo Financial Advisors LLC. View Insider Buying and Selling for Forterra.

Which institutional investors are buying Forterra stock?

FRTA stock was bought by a variety of institutional investors in the last quarter, including Brigade Capital Management LP, Water Asset Management LLC, Vanguard Group Inc., Paradigm Capital Management Inc. NY, Citadel Advisors LLC, D. E. Shaw & Co. Inc., A.R.T. Advisors LLC and ELCO Management Co. LLC. Company insiders that have bought Forterra stock in the last two years include Chadwick S Suss, Charles Rodney Brown, Chris Meyer, Clinton D Mcdonnough, Jeff Bradley, John R Mcpherson, Karl Watson, Lori M Browne, Mark D Carpenter, Vikrant Bhatia and William Kerfin. 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 $6.76.

How big of a company is Forterra?

Forterra has a market capitalization of $434.67 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.View Additional Information About Forterra.

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:  238 (Vote Outperform)
Underperform Votes:  274 (Vote Underperform)
Total Votes:  512
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 8/17/2019 by MarketBeat.com Staff

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