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.
Read More…
Industry, Sector and Symbol
Industry Lumber & other construction materials
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 Date11/7/2019 (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) announced its earnings results on Monday, August, 5th. The company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.25 by $0.12. The business earned $559.91 million during the quarter, compared to analysts' expectations of $574.68 million. Foundation Building Materials had a return on equity of 9.30% and a net margin of 0.08%. The company's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $0.08 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, August, 5th. The company provided earnings per share (EPS) guidance of $0.80-1.00 for the period, compared to the Thomson Reuters consensus estimate of $0.89. The company issued revenue guidance of $2.10-2.25 billion, compared to the consensus revenue estimate of $2.22 billion.
What price target have analysts set for FBM?
2 analysts have issued twelve-month price targets for Foundation Building Materials' stock. Their forecasts range from $9.00 to $12.00. On average, they anticipate Foundation Building Materials' share price to reach $10.50 in the next twelve months. This suggests that the stock has a possible downside of 36.4%. View Analyst Price Targets for Foundation Building Materials.
What is the consensus analysts' recommendation for Foundation Building Materials?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Foundation Building Materials in the last year. There are currently 1 hold rating and 1 buy rating 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?
Media stories about FBM stock have trended negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Foundation Building Materials earned a coverage optimism score of -2.9 on InfoTrie's scale. They also gave news stories 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 company's share price in the immediate future. View News Stories for Foundation Building Materials.
Are investors shorting Foundation Building Materials?
Foundation Building Materials saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 689,700 shares, an increase of 110.1% from the July 31st total of 328,200 shares. Based on an average trading volume of 281,200 shares, the days-to-cover ratio is presently 2.5 days. Currently, 3.9% of the company's stock are sold short. View Foundation Building Materials' Current Options Chain.
Who are some of Foundation Building Materials' key competitors?
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)
- 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 initial public offering 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.
Who are Foundation Building Materials' major shareholders?
Foundation Building Materials' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.48%), Vanguard Group Inc. (1.82%), Renaissance Technologies LLC (1.25%), Dalton Greiner Hartman Maher & Co. (1.06%), Dalton Greiner Hartman Maher & Co. (1.04%) and Acadian Asset Management LLC (0.93%). 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 Dalton Greiner Hartman Maher & Co., Morgan Stanley, Dalton Greiner Hartman Maher & Co., Charles Schwab Investment Management Inc., Summit Global Investments, Victory Capital Management Inc., Russell Investments Group Ltd. and Invesco Ltd.. View Insider Buying and Selling for Foundation Building Materials.
Which institutional investors are buying Foundation Building Materials stock?
FBM stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Nuveen Asset Management LLC, Man Group plc, Hillsdale Investment Management Inc., Acadian Asset Management LLC, APG Asset Management N.V. and D. E. Shaw & Co. Inc.. 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, Robinhood, Fidelity and Charles Schwab.
What is Foundation Building Materials' stock price today?
One share of FBM stock can currently be purchased for approximately $16.50.
How big of a company is Foundation Building Materials?
Foundation Building Materials has a market capitalization of $709.30 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.
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.
