Forterra Company Profile (NASDAQ:FRTA)

Forterra trades on the NASDAQ under the ticker symbol "FRTA."

Forterra Inc (NASDAQ:FRTA) posted its earnings results on Thursday, August, 10th. The company reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.09 by $0.11. The business had revenue of $436.69 million for the quarter, compared to analysts' expectations 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.

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

9 equities research analysts have issued 12-month target prices for Forterra's stock. Their forecasts range from $4.00 to $23.00. On average, they anticipate Forterra's share price to reach $14.88 in the next year. View Analyst Ratings for Forterra.

Some companies that are related to Forterra include Foundation Building Materials (FBM), Century Communities (CCS), Sterling Construction Company (STRL), Armstrong Flooring (AFI), Team (TISI), Great Lakes Dredge & Dock Corporation (GLDD), Willdan Group (WLDN), Layne Christensen Company (LAYN), Hovnanian Enterprises (HOV), New Home Company Inc. (The) (NWHM), LSI Industries (LYTS), Orion Group Holdings (ORN), Revolution Lighting Technologies (RVLT), Gafisa SA (GFA), Aspen Aerogels (ASPN), Tecogen (TGEN), Orion Energy Systems (OESX) and Energy Focus (EFOI).

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

(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.

Forterra's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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 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.

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.

Forterra's stock was bought 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, Greywolf Capital Management LP, OxFORD Asset Management LLP, Goldman Sachs Group Inc. and Ameriprise Financial 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.

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.

One share of Forterra stock can currently be purchased for approximately $4.47.