Foundation Building Materials, Inc. distributes building products in the United States and Canada. It operates through two segments, Specialty Building Products and Mechanical Insulation. The Specialty Building Products segment distributes wallboard, metal framing, suspended ceiling system, and other products. It also provides wallboard accessories, stucco, and exterior insulation and finish systems, as well as tools, safety accessories, and fasteners. This segment serves non-residential, residential, and non-residential repair and remodel construction markets. The Mechanical Insulation segment distributes and fabricates commercial and industrial insulation for pipes and mechanical systems. It serves non-residential construction, non-residential repair and remodel construction, and industrial markets. The company was founded in 2011 and is headquartered in Tustin, California. Foundation Building Materials, Inc. is a subsidiary of LSF9 Cypress Parent 2 LLC.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Lumber & other construction materials
Sub-IndustryN/A
SectorConstruction
SymbolNYSE:FBM
CUSIPN/A
Phone714-380-3127
Debt
Debt-to-Equity Ratio1.66
Current Ratio2.41
Quick Ratio1.60
Price-To-Earnings
Trailing P/E Ratio45.10
Forward P/E Ratio23.74
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.06 billion
Price / Sales0.28
Cash Flow$2.3779 per share
Price / Cash5.69
Book Value$8.83 per share
Price / Book1.53
Profitability
EPS (Most Recent Fiscal Year)$0.30
Net Income$82.48 million
Net Margins3.72%
Return on Equity5.15%
Return on Assets1.34%
Miscellaneous
Employees3,782
Outstanding Shares42,890,000
Market Cap$565.34 million
Foundation Building Materials (NYSE:FBM) Frequently Asked Questions
What is Foundation Building Materials' stock symbol?
Foundation Building Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBM."
How were Foundation Building Materials' earnings last quarter?
Foundation Building Materials Inc (NYSE:FBM) released its quarterly earnings results on Thursday, August, 9th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.19 by $0.06. The business earned $605 million during the quarter, compared to analyst estimates of $586.66 million. Foundation Building Materials had a net margin of 3.72% and a return on equity of 5.15%. The firm's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.03 earnings per share. View Foundation Building Materials' Earnings History.
When is Foundation Building Materials' next earnings date?
What price target have analysts set for FBM?
8 brokerages have issued twelve-month target prices for Foundation Building Materials' stock. Their predictions range from $16.00 to $20.00. On average, they anticipate Foundation Building Materials' stock price to reach $17.5714 in the next twelve months. This suggests a possible upside of 29.9% from the stock's current price. View Analyst Price Targets for Foundation Building Materials.
What is the consensus analysts' recommendation for Foundation Building Materials?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Foundation Building Materials in the last year. There are currently 2 hold ratings, 4 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Foundation Building Materials.
Who are some of Foundation Building Materials' key competitors?
Who are Foundation Building Materials' key executives?
Foundation Building Materials' management team includes the folowing people:
- Mr. Ruben D. Mendoza, Pres, CEO & Director (Age 54)
- Mr. John Gorey, Chief Financial Officer (Age 58)
- Mr. Peter A. Welly, Chief Operating Officer (Age 60)
- Mr. Richard J. Tilley, VP, Gen. Counsel & Sec. (Age 42)
- Mr. Alan Kirby Thompson, Sr. VP of Sales & Marketing (Age 59)
When did Foundation Building Materials IPO?
(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.
Has Foundation Building Materials been receiving favorable news coverage?
Headlines about FBM stock have trended somewhat positive this week, according to Accern. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Foundation Building Materials earned a media and rumor sentiment score of 0.12 on Accern's scale. They also gave news headlines about the company an impact score of 45.69 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 Foundation Building Materials.
Who are Foundation Building Materials' major shareholders?
Foundation Building Materials' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include American Century Companies Inc. (2.93%), Massachusetts Financial Services Co. MA (2.57%), BlackRock Inc. (1.83%), Tygh Capital Management Inc. (1.16%), Paradigm Capital Management Inc. NY (1.16%) and Citadel Advisors LLC (0.82%). Company insiders that own Foundation Building Materials stock include Barbara J Bitzer, John Gorey, John P Grayken, Lonnie Ray Sears, Peter Welly, Richard James Tilley and Ruben Mendoza. View Institutional Ownership Trends for Foundation Building Materials.
Which major investors are selling Foundation Building Materials stock?
FBM stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Millennium Management LLC, Boston Partners, Russell Investments Group Ltd., American Century Companies Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Engineers Gate Manager LP. View Insider Buying and Selling for Foundation Building Materials.
Which major investors are buying Foundation Building Materials stock?
FBM stock was purchased by a variety of institutional investors in the last quarter, including Paradigm Capital Management Inc. NY, Acadian Asset Management LLC, Dalton Greiner Hartman Maher & Co., Intrinsic Edge Capital Management LLC, Tygh Capital Management Inc., BlackRock Inc., Schwab Charles Investment Management Inc. and Summit Global Investments. Company insiders that have bought Foundation Building Materials stock in the last two years include Barbara J Bitzer, John Gorey, Lonnie Ray Sears, Peter Welly, Richard James Tilley and Ruben Mendoza. View Insider Buying and Selling for Foundation Building Materials.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Foundation Building Materials' stock price today?
One share of FBM stock can currently be purchased for approximately $13.53.
How big of a company is Foundation Building Materials?
Foundation Building Materials has a market capitalization of $565.34 million and generates $2.06 billion in revenue each year. The company earns $82.48 million in net income (profit) each year or $0.30 on an earnings per share basis. Foundation Building Materials employs 3,782 workers across the globe.
How can I contact Foundation Building Materials?
Foundation Building Materials' mailing address is 2741 WALNUT AVENUE SUITE 200, TUSTIN CA, 92780. The company can be reached via phone at 714-380-3127 or via email at [email protected]
MarketBeat Community Rating for Foundation Building Materials (NYSE FBM)
MarketBeat's community ratings are surveys of what our community members think about Foundation Building Materials and other stocks. Vote "Outperform" if you believe FBM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FBM will underperform the S&P 500 over the long term. You may vote once every thirty days.
