NYSE:FBMFoundation Building Materials Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Foundation Building Materials Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $14.00 +0.56 (+4.17 %) (As of 06/3/2020 04:00 PM ET) Add Compare Share Today's Range$13.34Now: $14.00▼$14.4350-Day Range$9.04MA: $11.61▼$14.8552-Week Range$7.99Now: $14.00▼$22.14Volume300,000 shsAverage Volume369,274 shsMarket Capitalization$604.84 millionP/E Ratio11.86Dividend YieldN/ABeta1.69 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Foundation Building Materials, Inc. distributes building products in the United States and Canada. It offers wallboard, suspended ceiling system, and metal framing products. The company also provides complementary and other products, tools, and accessories, such as wallboard accessories, stucco and finishing systems, safety accessories, fasteners, insulations, doors, and roofing products. It serves its products to commercial, residential, and other specialty contractors. The company was founded in 2011 and is headquartered in Tustin, California.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingFoundation Building Materials has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.57, Foundation Building Materials has a potential upside of 18.4% from its current price of $14.00.Amount of Analyst CoverageFoundation Building Materials has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.3 Community Rank Outperform VotesFoundation Building Materials has received 217 “outperform” votes. (Add your “outperform” vote.)Underperform VotesFoundation Building Materials has received 265 “underperform” votes. (Add your “underperform” vote.)Community SentimentFoundation Building Materials has received 54.98% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldFoundation Building Materials does not currently pay a dividend.Dividend GrowthFoundation Building Materials does not have a long track record of dividend growth. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Foundation Building Materials insiders have bought more of their company's stock than they have sold. Specifically, they have bought $98,800.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.80% of the stock of Foundation Building Materials is held by insiders.Percentage Held by Institutions96.87% of the stock of Foundation Building Materials is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Foundation Building Materials are expected to grow by 177.14% in the coming year, from $0.35 to $0.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Foundation Building Materials is 11.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Foundation Building Materials is 11.86, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 38.39.Price to Earnings Growth RatioFoundation Building Materials has a PEG Ratio of 3.53. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFoundation Building Materials has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.53 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Lumber & other construction materials Sub-IndustryN/A SectorConstruction Current SymbolNYSE:FBM Previous Symbol CUSIPN/A CIK1688941 Webwww.fbmsales.com Phone714-380-3127Debt Debt-to-Equity Ratio1.84 Current Ratio2.74 Quick Ratio2.02Price-To-Earnings Trailing P/E Ratio11.86 Forward P/E Ratio40.00 P/E Growth3.53 Sales & Book Value Annual Sales$2.15 billion Price / Sales0.28 Cash Flow$3.68 per share Price / Cash Flow3.80 Book Value$9.49 per share Price / Book1.48Profitability EPS (Most Recent Fiscal Year)$0.97 Net Income$40.24 million Net Margins2.36% Return on Equity12.82% Return on Assets3.52%Miscellaneous Employees3,500 Outstanding Shares43,203,000Market Cap$604.84 million Next Earnings Date8/3/2020 (Estimated) OptionableNot Optionable FBM Rates by TradingView Receive FBM News and Ratings via Email Sign-up to receive the latest news and ratings for FBM and its competitors with MarketBeat's FREE daily newsletter. Foundation Building Materials (NYSE:FBM) Frequently Asked Questions How has Foundation Building Materials' stock been impacted by COVID-19 (Coronavirus)? Foundation Building Materials' stock was trading at $14.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FBM shares have decreased by 3.5% and is now trading at $14.00. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Foundation Building Materials? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Foundation Building Materials in the last year. There are currently 2 sell ratings, 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Foundation Building Materials. When is Foundation Building Materials' next earnings date? Foundation Building Materials is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Foundation Building Materials. How were Foundation Building Materials' earnings last quarter? Foundation Building Materials Inc (NYSE:FBM) issued its quarterly earnings results on Monday, May, 11th. The company reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.09. The firm had revenue of $524.26 million for the quarter, compared to the consensus estimate of $519.49 million. Foundation Building Materials had a net margin of 2.36% and a return on equity of 12.82%. The company's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.14 EPS. View Foundation Building Materials' earnings history. What guidance has Foundation Building Materials issued on next quarter's earnings? Foundation Building Materials updated its first quarter 2020 Pre-Market earnings guidance on Wednesday, April, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $520-525 million, compared to the consensus revenue estimate of $526.46 million. What price target have analysts set for FBM? 7 equities research analysts have issued twelve-month price targets for Foundation Building Materials' stock. Their forecasts range from $10.00 to $20.00. On average, they anticipate Foundation Building Materials' stock price to reach $16.57 in the next year. This suggests a possible upside of 18.4% from the stock's current price. View analysts' price targets for Foundation Building Materials. Has Foundation Building Materials been receiving favorable news coverage? News stories about FBM stock have been trending extremely negative recently, InfoTrie reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Foundation Building Materials earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future. View the latest news aboutFoundation Building Materials. Are investors shorting Foundation Building Materials? Foundation Building Materials saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,530,000 shares, an increase of 13.3% from the April 30th total of 1,350,000 shares. Based on an average daily trading volume, of 402,400 shares, the days-to-cover ratio is presently 3.8 days. Currently, 6.8% of the company's stock are sold short. View Foundation Building Materials' Current Options Chain. Who are some of Foundation Building Materials' key competitors? 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). View all competitors. What other stocks do shareholders of Foundation Building Materials own? Based on aggregate information from My MarketBeat watchlists, some companies that other Foundation Building Materials investors own include General Electric (GE), Honeywell International (HON), Verizon Communications (VZ), Cisco Systems (CSCO), Procter & Gamble (PG), Home Depot (HD), AT&T (T), Alibaba Group (BABA), CVS Health (CVS) and Altria Group (MO). Who are Foundation Building Materials' key executives? Foundation Building Materials' management team includes the following people: Mr. Ruben D. Mendoza, Pres, CEO & Director (Age 55)Mr. John Gorey, Chief Financial Officer (Age 59)Mr. Peter A. Welly, Chief Operating Officer (Age 61)Ms. Barbara J. Bitzer, Chief Accounting Officer & Sr. Controller (Age 52)Mr. John C. Moten, VP of Investor Relations When did Foundation Building Materials IPO? (FBM) raised $230 million in an IPO on Friday, February 10th 2017. The company issued 12,800,000 shares at $17.00-$19.00 per share. Deutsche Bank Securities, Barclays, RBC Capital Markets, Citigroup and Baird acted as the underwriters for the IPO and Raymond James, Stephens, SunTrust Robinson Humphrey and William Blair were co-managers. What is Foundation Building Materials' stock symbol? Foundation Building Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBM." Who are Foundation Building Materials' major shareholders? Foundation Building Materials' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.05%), Clearbridge Investments LLC (1.97%), Nuveen Asset Management LLC (1.69%), Acadian Asset Management LLC (1.57%), State Street Corp (1.40%) and Federated Hermes Inc. (0.70%). Company insiders that own Foundation Building Materials stock include James R Carpenter and John P Grayken. View institutional ownership trends for Foundation Building Materials. Which institutional investors are selling Foundation Building Materials stock? FBM stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Deutsche Bank AG, Scopus Asset Management L.P., APG Asset Management N.V., APG Asset Management N.V., Nuveen Asset Management LLC, Squarepoint Ops LLC, and AJO LP. View insider buying and selling activity for Foundation Building Materials. Which institutional investors are buying Foundation Building Materials stock? FBM stock was bought by a variety of institutional investors in the last quarter, including UBS Group AG, State Street Corp, Martingale Asset Management L P, Bessemer Group Inc., Seizert Capital Partners LLC, Geode Capital Management LLC, BlackRock Inc., and Victory Capital Management Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Foundation Building Materials' stock price today? One share of FBM stock can currently be purchased for approximately $14.00. How big of a company is Foundation Building Materials? Foundation Building Materials has a market capitalization of $604.84 million and generates $2.15 billion in revenue each year. The company earns $40.24 million in net income (profit) each year or $0.97 on an earnings per share basis. Foundation Building Materials employs 3,500 workers across the globe. What is Foundation Building Materials' official website? The official website for Foundation Building Materials is www.fbmsales.com. How can I contact Foundation Building Materials? 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] This page was last updated on 6/3/2020 by MarketBeat.com Staff
