NYSE:FBM - Foundation Building Materials Stock Price, Forecast & News

Foundation Building Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBM."

Foundation Building Materials Inc (NYSE:FBM) issued its quarterly earnings data on Monday, November, 4th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.27 by $0.06. The firm earned $564.90 million during the quarter, compared to the consensus estimate of $576.12 million. Foundation Building Materials had a net margin of 2.28% and a return on equity of 10.31%. The company's quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.19 earnings per share. View Foundation Building Materials' Earnings History.

Foundation Building Materials is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Foundation Building Materials.

4 Wall Street analysts have issued 12 month price targets for Foundation Building Materials' stock. Their forecasts range from $20.00 to $24.00. On average, they expect Foundation Building Materials' stock price to reach $21.75 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets for Foundation Building Materials.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Foundation Building Materials in the last year. There are currently 1 sell rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Foundation Building Materials.

News stories about FBM stock have been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive news 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 negative five to positive five, with scores closest to five being the most favorable. Foundation Building Materials earned a news impact score of 1.6 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Foundation Building Materials.

Foundation Building Materials saw a increase in short interest in December. As of December 31st, there was short interest totalling 1,710,000 shares, an increase of 23.0% from the December 15th total of 1,390,000 shares. Based on an average trading volume of 469,000 shares, the days-to-cover ratio is presently 3.6 days. Currently, 8.5% of the shares of the stock are sold short. View Foundation Building Materials' Current Options Chain.

Some companies that are related to Foundation Building Materials include Beacon Roofing Supply (BECN), Boise Cascade (BCC), GMS (GMS), Aspen Aerogels (ASPN) and Huttig Building Products (HBP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Foundation Building Materials investors own include General Electric (GE), Verizon Communications (VZ), Cisco Systems (CSCO), Honeywell International (HON), Procter & Gamble (PG), Alibaba Group (BABA), Home Depot (HD), NVIDIA (NVDA), Thermo Fisher Scientific (TMO) and QUALCOMM (QCOM).

(FBM) raised $230 million in an initial public offering (IPO) on Friday, February 10th 2017. The company issued 12,800,000 shares at a price of $17.00-$19.00 per share. Deutsche Bank Securities, Barclays, RBC Capital Markets, Citigroup and Baird served as the underwriters for the IPO and Raymond James, Stephens, SunTrust Robinson Humphrey and William Blair were co-managers.

Foundation Building Materials' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.42%), Assenagon Asset Management S.A. (0.31%), Bowling Portfolio Management LLC (0.10%) and State of Alaska Department of Revenue (0.03%). View Institutional Ownership Trends for Foundation Building Materials.

FBM stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A.. View Insider Buying and Selling for Foundation Building Materials.

FBM stock was bought by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, State of Alaska Department of Revenue and Dalton Greiner Hartman Maher & Co.. View Insider Buying and Selling for Foundation Building Materials.

Shares of FBM 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, Robinhood, Fidelity and Charles Schwab.

One share of FBM stock can currently be purchased for approximately $18.99.

Foundation Building Materials has a market capitalization of $816.38 million and generates $2.04 billion in revenue each year. The company earns $-12,180,000.00 in net income (profit) each year or $0.35 on an earnings per share basis. Foundation Building Materials employs 3,400 workers across the globe.View Additional Information About Foundation Building Materials.

The official website for Foundation Building Materials is http://www.fbmsales.com/.

Foundation Building Materials' mailing address is 2520 RED HILL AVENUE, SANTA ANA CA, 92705. The company can be reached via phone at 714-380-3127 or via email at [email protected]