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NYSE:FBM

Foundation Building Materials Stock Forecast, Price & News

$19.25
+0.03 (+0.16 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$19.21
Now: $19.25
$19.30
50-Day Range
$14.29
MA: $16.63
$19.28
52-Week Range
$7.99
Now: $19.25
$21.62
Volume269,140 shs
Average Volume322,483 shs
Market Capitalization$831.73 million
P/E Ratio18.51
Dividend YieldN/A
Beta1.64
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 Santa Ana, California. Foundation Building Materials, Inc. is a subsidiary of Lone Star Fund IX (U.S.) L.P.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.9Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 out of 5 stars


Industry, Sector and Symbol

Industry Lumber & other construction materials
Sub-IndustryN/A
CUSIPN/A
Phone714-380-3127
Employees3,500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.15 billion
Cash Flow$4.53 per share
Book Value$10.29 per share

Profitability

Net Income$40.24 million

Miscellaneous

Market Cap$831.73 million
Next Earnings Date2/22/2021 (Estimated)
OptionableNot Optionable
$19.25
+0.03 (+0.16 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Foundation Building Materials (NYSE:FBM) Frequently Asked Questions

How has Foundation Building Materials' stock been impacted by Coronavirus (COVID-19)?

Foundation Building Materials' stock was trading at $14.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FBM stock has increased by 32.7% and is now trading at $19.25.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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 sell ratings, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Foundation Building Materials
.

What stocks does MarketBeat like better than Foundation Building Materials?

Wall Street analysts have given Foundation Building Materials a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Foundation Building Materials wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Foundation Building Materials' next earnings date?

Foundation Building Materials is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for Foundation Building Materials
.

How were Foundation Building Materials' earnings last quarter?

Foundation Building Materials, Inc. (NYSE:FBM) issued its earnings results on Saturday, November, 7th. The company reported $0.31 EPS for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.04. The business earned $521.30 million during the quarter, compared to analysts' expectations of $532.57 million. Foundation Building Materials had a net margin of 2.22% and a return on equity of 10.74%. The firm's revenue was down 7.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.33 earnings per share.
View Foundation Building Materials' earnings history
.

What guidance has Foundation Building Materials issued on next quarter's earnings?

Foundation Building Materials issued an update on its FY20 earnings guidance on Monday, November, 2nd. The company provided earnings per share (EPS) guidance of $0.90-1.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.95. The company issued revenue guidance of $2.01-2.03 billion, compared to the consensus revenue estimate of $2.05 billion.

What price target have analysts set for FBM?

8 analysts have issued twelve-month price targets for Foundation Building Materials' stock. Their forecasts range from $15.00 to $20.00. On average, they anticipate Foundation Building Materials' stock price to reach $17.71 in the next year. This suggests that the stock has a possible downside of 8.0%.
View analysts' price targets for Foundation Building Materials
.

Who are some of Foundation Building Materials' key 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 Honeywell International (HON), General Electric (GE), The Procter & Gamble (PG), Verizon Communications (VZ), Cisco Systems (CSCO), The Home Depot (HD), Alibaba Group (BABA), CVS Health (CVS), Intel (INTC) and Johnson & Johnson (JNJ).

Who are Foundation Building Materials' key executives?

Foundation Building Materials' management team includes the following people:
  • Mr. Ruben D. Mendoza, Pres, CEO & Director (Age 56, Pay $1.82M)
  • Mr. John Gorey, Chief Financial Officer (Age 60, Pay $876.37k)
  • Mr. Peter A. Welly, Chief Operating Officer (Age 62, Pay $871.93k)
  • Mr. Onur Demirkaya, Chief Accounting Officer & Sr. Controller (Age 41)
  • 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.94%), Acadian Asset Management LLC (1.54%), State Street Corp (1.45%), Arrowstreet Capital Limited Partnership (0.75%), Principal Financial Group Inc. (0.49%) and Sei Investments Co. (0.48%). 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 major investors are selling Foundation Building Materials stock?

FBM stock was sold by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, Dalton Greiner Hartman Maher & Co., AQR Capital Management LLC, Raymond James & Associates, Alberta Investment Management Corp, Bowling Portfolio Management LLC, New York State Common Retirement Fund, and Boston Partners.
View insider buying and selling activity 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 BlackRock Inc., Arrowstreet Capital Limited Partnership, Great West Life Assurance Co. Can, Los Angeles Capital Management & Equity Research Inc., Sei Investments Co., Jackson Creek Investment Advisors LLC, Principal Financial Group Inc., and Public Sector Pension Investment Board.
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 $19.25.

How big of a company is Foundation Building Materials?

Foundation Building Materials has a market capitalization of $831.73 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 11/28/2020 by MarketBeat.com Staff

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