NYSE:FBM - Foundation Building Materials Stock Price, News, & Analysis

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$9.53 -0.31 (-3.15 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$9.53
Today's Range$9.45 - $9.81
52-Week Range$7.62 - $16.32
Volume76,735 shs
Average Volume117,020 shs
Market Capitalization$408.93 million
P/E Ratio27.23
Dividend YieldN/A
Beta1.57
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.

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Industry, Sector and Symbol

Industry Lumber & other construction materials
Sub-IndustryN/A
SectorConstruction
CUSIPN/A
Phone714-380-3127

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.04 billion
Cash Flow$2.3301 per share
Book Value$8.54 per share

Profitability

Net Income$-12,180,000.00

Miscellaneous

Employees3,400
Market Cap$408.93 million
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) issued its quarterly earnings results on Monday, February, 25th. The company reported $0.16 EPS for the quarter, topping the Zacks' consensus estimate of $0.10 by $0.06. The business had revenue of $516.20 million for the quarter, compared to analyst estimates of $510.54 million. Foundation Building Materials had a positive return on equity of 5.76% and a negative net margin of 0.55%. Foundation Building Materials's quarterly revenue was up 16.3% compared to the same quarter last year. During the same period last year, the company posted $0.19 earnings per share. View Foundation Building Materials' Earnings History.

When is Foundation Building Materials' next earnings date?

Foundation Building Materials is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Foundation Building Materials.

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

Foundation Building Materials updated its FY19 earnings guidance on Monday, February, 25th. The company provided EPS guidance of $0.70-0.90 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued twelve-month price objectives for Foundation Building Materials' shares. Their forecasts range from $9.00 to $18.00. On average, they anticipate Foundation Building Materials' share price to reach $14.00 in the next twelve months. This suggests a possible upside of 46.9% from the stock's current price. View Analyst Price Targets for Foundation Building Materials.

What is the consensus analysts' recommendation for Foundation Building Materials?

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 trended neutral on Sunday, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 0.2 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the next few days.

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), Huttig Building Products (HBP) and Aspen Aerogels (ASPN).

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), Cisco Systems (CSCO), Verizon Communications (VZ), Honeywell International (HON), Intel (INTC), Galmed Pharmaceuticals (GLMD), Procter & Gamble (PG), NVIDIA (NVDA), Zynga (ZNGA) and Marathon Oil (MRO).

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 $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 institutional and retail investors. Top institutional shareholders 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 institutional 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 institutional investors are buying Foundation Building Materials stock?

FBM stock was purchased 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 $9.53.

How big of a company is Foundation Building Materials?

Foundation Building Materials has a market capitalization of $408.93 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?

The official website for Foundation Building Materials is http://www.fbmsales.com.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  166 (Vote Outperform)
Underperform Votes:  202 (Vote Underperform)
Total Votes:  368
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.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

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