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
Stock Exchange NASDAQ
Industry Concrete products, not elsewhere classified
Sub-IndustryN/A
SectorConstruction
SymbolNASDAQ:FRTA
CUSIPN/A
Phone469-458-7973
Debt
Debt-to-Equity Ratio11.59
Current Ratio2.15
Quick Ratio1.14
Price-To-Earnings
Trailing P/E Ratio-11.77
Forward P/E Ratio-34.44
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.58 billion
Price / Sales0.38
Cash Flow$1.1205 per share
Price / Cash8.30
Book Value$2.06 per share
Price / Book4.51
Profitability
EPS (Most Recent Fiscal Year)($0.79)
Net Income$-2,060,000.00
Net Margins1.24%
Return on Equity-37.94%
Return on Assets-2.37%
Miscellaneous
Employees4,729
Outstanding Shares64,210,000
Market Cap$610.03 million
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) announced its earnings results on Wednesday, August, 8th. The construction company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. The construction company had revenue of $416.10 million for the quarter, compared to analyst estimates of $421.81 million. Forterra had a net margin of 1.24% and a negative return on equity of 37.94%. The firm's revenue for the quarter was down 4.7% on a year-over-year basis. View Forterra's Earnings History.
When is Forterra's next earnings date?
What price target have analysts set for FRTA?
8 brokerages have issued 1-year price targets for Forterra's shares. Their predictions range from $7.00 to $21.00. On average, they expect Forterra's stock price to reach $10.8125 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View Analyst Price Targets for Forterra.
What is the consensus analysts' recommendation for Forterra?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forterra in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Forterra.
Who are some of Forterra's key competitors?
Some companies that are related to Forterra include Altair Engineering (ALTR), Summit Materials (SUM), Universal Forest Products (UFPI), Taylor Morrison Home (TMHC), TRI Pointe Group (TPH), Titan Cement (TITCY), KB Home (KBH), Granite Construction (GVA), Cavco Industries (CVCO), Comfort Systems USA (FIX), AAON (AAON), ABM Industries (ABM), GCP Applied Technologies (GCP), M.D.C. (MDC) and Meritage Homes (MTH).
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 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.
Has Forterra been receiving favorable news coverage?
News coverage about FRTA stock has been trending somewhat positive recently, Accern reports. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Forterra earned a news impact score of 0.22 on Accern's scale. They also gave news stories about the construction company an impact score of 47.87 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Forterra.
Who are Forterra's major shareholders?
Forterra's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (4.62%), Royce & Associates LP (2.71%), BlackRock Inc. (2.49%), First Trust Advisors LP (0.85%), Taylor Asset Management Inc. (0.68%) and GSA Capital Partners LLP (0.16%). 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?
FRTA stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Oppenheimer & Co. Inc. and Taylor Asset Management Inc.. 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 BlackRock Inc., Manchester Capital Management LLC, Royce & Associates LP, Intrinsic Edge Capital Management LLC, Engineers Gate Manager LP, Swiss National Bank, Capital Fund Management S.A. and Schwab Charles Investment Management Inc.. 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 $9.30.
How big of a company is Forterra?
Forterra has a market capitalization of $610.03 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 (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.
