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
Industry N/A
Sub-IndustryN/A
SectorConstruction
Phone714-380-3127
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.04 billion
Profitability
Miscellaneous
Employees3,400
Next Earnings Date5/8/2019 (Estimated)
OptionableNot Optionable
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 data on Monday, February, 25th. The company reported $0.16 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.10 by $0.06. The firm had revenue of $516.20 million for the quarter, compared to the consensus estimate of $510.54 million. Foundation Building Materials had a negative net margin of 0.55% and a positive return on equity of 5.76%. The company's quarterly revenue was up 16.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.19 earnings per share. View Foundation Building Materials' Earnings History.
When is Foundation Building Materials' next earnings date?
What guidance has Foundation Building Materials issued on next quarter's earnings?
Foundation Building Materials issued an update on its FY19 earnings guidance on Monday, February, 25th. The company provided earnings per share (EPS) guidance of $0.70-0.90 for the period, compared to the Thomson Reuters consensus estimate of $0.90. The company issued revenue guidance of $2.10-2.25 billion, compared to the consensus revenue estimate of $2.19 billion.Foundation Building Materials also updated its FY 2019 guidance to $0.70-0.90 EPS.
What price target have analysts set for FBM?
4 brokerages have issued 12 month target prices for Foundation Building Materials' stock. Their predictions range from $9.00 to $18.00. On average, they expect Foundation Building Materials' stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 36.3% from the stock's current price. View Analyst Price Targets for Foundation Building Materials.
What is the consensus analysts' recommendation 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 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Foundation Building Materials.
Has Foundation Building Materials been receiving favorable news coverage?
Press coverage about FBM stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing 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 nearest to five being the most favorable. Foundation Building Materials earned a media sentiment score of 1.1 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.
Who are some of Foundation Building Materials' key competitors?
Some companies that are related to Foundation Building Materials include M.D.C. (MDC), Jiangsu Expressway (JEXYY), Meritage Homes (MTH), HOPEWELL HWY IN/ADR (HHILY), Arcosa (ACA), Dycom Industries (DY), Arcadis (ARCAY), Loma Negra Compania Indl Argentina (LOMA), Advanced Drainage Systems (WMS), Installed Building Products (IBP), Gibraltar Industries (ROCK), Senior (SNIRF), Primoris Services (PRIM), Cavco Industries (CVCO) and Patrick Industries (PATK).
What other stocks do shareholders of Foundation Building Materials own?
Who are Foundation Building Materials' key executives?
Foundation Building Materials' management team includes the folowing 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)
- Mr. Richard J. Tilley, VP, Gen. Counsel & Sec. (Age 43)
- Mr. Alan Kirby Thompson, Sr. VP of Sales & Marketing (Age 60)
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 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.
Who are Foundation Building Materials' major shareholders?
Foundation Building Materials' stock is owned by a variety of of retail and institutional investors. Top institutional investors include American Century Companies Inc. (5.38%), Massachusetts Financial Services Co. MA (2.61%), BlackRock Inc. (1.95%), Dalton Greiner Hartman Maher & Co. (1.30%), Elk Creek Partners LLC (0.78%) and Acadian Asset Management LLC (0.66%). Company insiders that own Foundation Building Materials stock include Barbara J Bitzer, John Gorey 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 Elk Creek Partners LLC, GSA Capital Partners LLP, Macquarie Group Ltd., IndexIQ Advisors LLC, Acadian Asset Management LLC, Meeder Asset Management Inc. and Northern Trust Corp. View Insider Buying and Selling for Foundation Building Materials.
Which major investors are buying Foundation Building Materials stock?
FBM stock was acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., Bell & Brown Wealth Advisors LLC, Dalton Greiner Hartman Maher & Co., D. E. Shaw & Co. Inc., Algert Global LLC, BlackRock Inc., Summit Global Investments and Bank of America Corp DE. Company insiders that have bought Foundation Building Materials stock in the last two years include Barbara J Bitzer, John Gorey 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 $10.27.
How big of a company is Foundation Building Materials?
Foundation Building Materials has a market capitalization of $440.65 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.
What is Foundation Building Materials' official website?
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.
