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: Construction Materials - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:FRTA
  • CUSIP: N/A
  • Web: www.forterrabp.com
Capitalization:
  • Market Cap: $314.6 million
  • Outstanding Shares: 64,165,000
Average Prices:
  • 50 Day Moving Avg: $7.99
  • 200 Day Moving Avg: $13.77
  • 52 Week Range: $3.19 - $22.76
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 13.05
  • P/E Growth: 0.64
Sales & Book Value:
  • Annual Revenue: $1.57 billion
  • Price / Sales: 0.20
  • Book Value: $1.56 per share
  • Price / Book: 3.10
Profitability:
  • EBIDTA: $153.09 million
  • Net Margins: -4.72%
  • Return on Equity: -45.03%
  • Return on Assets: -3.19%
Debt:
  • Debt-to-Equity Ratio: 14.18%
  • Current Ratio: 2.85%
  • Quick Ratio: 1.60%
Misc:
  • Average Volume: 1.14 million shs.
  • Short Ratio: 3.16
 
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 quarterly earnings data on Thursday, August, 10th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.11. The firm had revenue of $436.69 million for the quarter, compared to the consensus estimate of $449.68 million. Forterra had a negative net margin of 4.72% and a negative return on equity of 45.03%. View Forterra's Earnings History.

When will Forterra make its next earnings announcement?

Forterra is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for Forterra.

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

9 brokers have issued 1-year price objectives for Forterra's stock. Their predictions range from $4.00 to $23.00. On average, they anticipate Forterra's stock price to reach $14.88 in the next twelve months. 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:

  • Chris Meyer, Chairman of the Board
  • 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
  • Lori M. Browne, Senior Vice President, General Counsel
  • Ed Sexe, Senior Vice President, General Manager
  • Matthew Wayman, Vice President - Corporate Development
  • Kevin J. Barner, Director Nominee
  • Robert J. Corcoran, Director Nominee

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 owns Forterra stock?

Forterra's stock is owned by a number of of institutional and retail investors. Top institutional investors include Capital World Investors (4.78%), Pictet Asset Management Ltd. (4.11%), Vanguard Group Inc. (2.56%), FMR LLC (2.48%), Rubric Capital Management LP (1.49%) and Redwood Capital Management LLC (1.46%). Company insiders that own Forterra stock include John P Grayken and William Matthew Brown. 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 Royal Bank of Canada, Citadel Advisors LLC, Hodges Capital Management Inc., Peregrine Capital Management LLC, Sound Point Capital Management LP, Principal Financial Group Inc., Wells Fargo & Company MN and New York State Common Retirement Fund. 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 Capital World Investors, Redwood Capital Management LLC, Pictet Asset Management Ltd., Rubric Capital Management LP, OxFORD Asset Management LLP, Goldman Sachs Group Inc., Ameriprise Financial Inc. and Vanguard Group Inc.. 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 $4.83.


MarketBeat Community Rating for Forterra (NASDAQ FRTA)
Community Ranking:  2.5 out of 5 (  )
Outperform Votes:  67 (Vote Outperform)
Underperform Votes:  68 (Vote Underperform)
Total Votes:  135
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) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $14.88 (207.97% upside)

Analysts' Ratings History for Forterra (NASDAQ:FRTA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/14/2017Citigroup Inc.Lower Price TargetBuy$8.50 -> $4.00HighView Rating Details
8/11/2017Barclays PLCDowngradeOverweight -> Equal Weight$15.00 -> $4.00HighView Rating Details
8/9/2017Royal Bank Of CanadaReiterated RatingHold$10.00HighView Rating Details
5/16/2017SunTrust Banks, Inc.DowngradeBuy -> Hold$14.00HighView 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, Inc. (The)Initiated CoverageNeutral$21.00N/AView Rating Details
(Data available from 8/17/2015 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
11/9/2017        
8/10/2017Q2 2017$0.09($0.02)$449.68 million$436.69 millionViewN/AView Earnings Details
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: $0.13
2018 EPS Consensus Estimate: $0.22
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.09)($0.01)($0.05)
Q2 20173$0.03$0.44$0.19
Q3 20173$0.02$0.28$0.14
Q4 20173($0.26)$0.00($0.14)
Q1 20182($0.29)($0.07)($0.18)
Q2 20182$0.04$0.27$0.16
Q3 20182$0.16$0.50$0.33
Q4 20182($0.22)$0.04($0.09)
(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)
Insider Ownership Percentage: 0.33%
Institutional Ownership Percentage: 98.56%
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
8/14/2017William Matthew BrownCFOBuy22,200$4.80$106,560.00View SEC Filing  
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 logoQ3 2017 EPS Estimates for FORTERRA INC Decreased by SunTrust Banks (FRTA)
www.americanbankingnews.com - August 17 at 8:22 AM
finance.yahoo.com logoINVESTOR ALERT: Goldberg Law PC Announces an Investigation of Forterra, Inc.
finance.yahoo.com - August 16 at 11:57 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Forterra, Inc. (FRTA) and Lead Plaintiff Deadline: October 13, 2017
finance.yahoo.com - August 16 at 6:55 PM
finance.yahoo.com logoIMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Forterra, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - August 16 at 6:55 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Forterra, Inc.
finance.yahoo.com - August 16 at 6:55 PM
finance.yahoo.com logoIMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Forterra, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - August 16 at 6:55 PM
finance.yahoo.com logoEQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Forterra, Inc. – FRTA
finance.yahoo.com - August 16 at 6:55 PM
americanbankingnews.com logoResearch Analysts Set Expectations for FORTERRA INC's FY2019 Earnings (FRTA)
www.americanbankingnews.com - August 16 at 2:54 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit against Forterra, Inc.
finance.yahoo.com - August 16 at 12:30 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Forterra, Inc. (FRTA) and Lead Plaintiff Deadline: October 13, 2017
finance.yahoo.com - August 15 at 7:29 PM
finance.yahoo.com logoINVESTOR ALERT: Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit against Forterra, Inc.
finance.yahoo.com - August 15 at 7:29 PM
finance.yahoo.com logoLEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Forterra, Inc. To Contact The Firm
finance.yahoo.com - August 15 at 7:29 PM
finance.yahoo.com logoFRTA Investors Alert:  Hagens Berman Alerts Investors in Forterra, Inc. to Securities Class Action and to the October 13, 2017 Lead Plaintiff Deadline
finance.yahoo.com - August 15 at 7:29 PM
finance.yahoo.com logoIMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Forterra, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - August 15 at 7:29 PM
finance.yahoo.com logoBragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Forterra, Inc. (FRTA) and Encourages Investors to Contact the Firm
finance.yahoo.com - August 15 at 7:29 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Class Action Lawsuit Filed on Behalf of Forterra, Inc. Investors
finance.yahoo.com - August 15 at 7:29 PM
finance.yahoo.com logoIMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Forterra, Inc. and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - August 15 at 7:29 PM
finance.yahoo.com logoFORTERRA SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Forterra, Inc. - (FRTA)
finance.yahoo.com - August 15 at 7:29 PM
americanbankingnews.com logoCitigroup Inc. Cuts Forterra Inc (NASDAQ:FRTA) Price Target to $4.00
www.americanbankingnews.com - August 14 at 11:48 PM
americanbankingnews.com logoWilliam Matthew Brown Acquires 22,200 Shares of Forterra Inc (NASDAQ:FRTA) Stock
www.americanbankingnews.com - August 14 at 11:30 PM
finance.yahoo.com logoRobbins Geller Rudman & Dowd LLP Files Class Action Suit against Forterra, Inc.
finance.yahoo.com - August 14 at 7:11 PM
americanbankingnews.com logoEquities Analysts Set Expectations for Forterra Inc's Q3 2017 Earnings (FRTA)
www.americanbankingnews.com - August 14 at 3:16 AM
americanbankingnews.com logoBarclays PLC Downgrades Forterra Inc (FRTA) to Equal Weight
www.americanbankingnews.com - August 13 at 7:14 PM
seekingalpha.com logoForterra's (FRTA) CEO Jeff Bradley on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 11 at 7:17 PM
americanbankingnews.com logoForterra Inc (NASDAQ:FRTA) Issues Quarterly Earnings Results
www.americanbankingnews.com - August 11 at 1:44 PM
finance.yahoo.com logoForterra Announces Second Quarter 2017 Results
finance.yahoo.com - August 10 at 8:06 PM
finance.yahoo.com logoHere's Why Forterra Inc.'s Stock Is Crashing Today
finance.yahoo.com - August 10 at 8:06 PM
feeds.benzinga.com logo25 Biggest Mid-Day Losers For Thursday
feeds.benzinga.com - August 10 at 1:56 PM
americanbankingnews.com logoHead to Head Survey: Forterra (FRTA) vs. Martin Marietta Materials (MLM)
www.americanbankingnews.com - August 9 at 7:46 AM
finance.yahoo.com logoForterra, Inc. – Value Analysis (NASDAQ:FRTA) : August 4, 2017
finance.yahoo.com - August 4 at 2:06 AM
americanbankingnews.com logoForterra Inc (FRTA) to Release Earnings on Thursday
www.americanbankingnews.com - August 3 at 10:58 AM
americanbankingnews.com logo Brokerages Anticipate Forterra Inc (FRTA) Will Announce Quarterly Sales of $449.68 Million
www.americanbankingnews.com - August 2 at 7:42 AM
americanbankingnews.com logoVulcan Materials (VMC) vs. Forterra (FRTA) Financial Comparison
www.americanbankingnews.com - August 1 at 12:18 AM
americanbankingnews.com logo Brokerages Expect Forterra Inc (FRTA) to Post $0.09 EPS
www.americanbankingnews.com - July 31 at 4:10 PM
americanbankingnews.com logoForterra Inc (NASDAQ:FRTA) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 28 at 2:50 PM
americanbankingnews.com logoForterra (NASDAQ:FRTA) versus Vulcan Materials (VMC) Head-To-Head Review
www.americanbankingnews.com - July 27 at 10:31 PM
finance.yahoo.com logoForterra Announces Second Quarter 2017 Earnings Schedule
finance.yahoo.com - July 27 at 7:22 PM
americanbankingnews.com logoForterra Inc (NASDAQ:FRTA) Rating Reiterated by Barclays PLC
www.americanbankingnews.com - July 24 at 4:50 PM
americanbankingnews.com logoForterra Inc (NASDAQ:FRTA) Downgraded by ValuEngine
www.americanbankingnews.com - July 21 at 12:04 AM
americanbankingnews.com logoForterra Inc (NASDAQ:FRTA) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - July 20 at 9:02 PM
finance.yahoo.com logoForterra, Inc. breached its 50 day moving average in a Bullish Manner : FRTA-US : July 20, 2017
finance.yahoo.com - July 20 at 4:30 PM
americanbankingnews.com logoQ2 2017 Earnings Estimate for FORTERRA INC (NASDAQ:FRTA) Issued By Seaport Global Securities
www.americanbankingnews.com - July 17 at 7:40 AM
americanbankingnews.com logoZacks: Brokerages Anticipate FORTERRA INC (FRTA) Will Post Quarterly Sales of $446.56 Million
www.americanbankingnews.com - July 9 at 9:38 AM
americanbankingnews.com logoForterra (NASDAQ:FRTA) and Smart Sand (SND) Critical Review
www.americanbankingnews.com - July 8 at 8:14 PM
americanbankingnews.com logo$0.08 Earnings Per Share Expected for Forterra Inc (NASDAQ:FRTA) This Quarter
www.americanbankingnews.com - July 7 at 12:24 PM
americanbankingnews.com logoGCP Applied Technologies (GCP) vs. FORTERRA INC (NASDAQ:FRTA) Financial Comparison
www.americanbankingnews.com - July 4 at 8:25 AM
americanbankingnews.com logoForterra Inc (NASDAQ:FRTA) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 3 at 2:49 PM
americanbankingnews.com logoForterra Inc (FRTA) Short Interest Up 41.3% in June
www.americanbankingnews.com - June 30 at 7:14 AM
bloomberg.com logoBloomberg Markets: Dave Wilson’s Stock of the Day for June 26
www.bloomberg.com - June 27 at 4:47 AM
streetinsider.com logoForterra (FRTA) Reports Definitive Agreement with Thompson Pipe Group
www.streetinsider.com - June 27 at 4:47 AM

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Chart

Forterra (FRTA) Chart for Thursday, August, 17, 2017

This page was last updated on 8/17/2017 by MarketBeat.com Staff