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NYSE:FBMFoundation Building Materials Stock Price, Forecast & News

+1.11 (+8.08 %)
(As of 05/27/2020 04:00 PM ET)
Today's Range
Now: $14.85
50-Day Range
MA: $11.12
52-Week Range
Now: $14.85
Volume288,043 shs
Average Volume373,804 shs
Market Capitalization$641.56 million
P/E Ratio12.58
Dividend YieldN/A
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.
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Beat the Market (BTM) Rank

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

Industry Lumber & other construction materials



Sales & Book Value

Annual Sales$2.15 billion
Cash Flow$3.97 per share
Book Value$9.63 per share


Net Income$40.24 million


Market Cap$641.56 million
Next Earnings Date8/3/2020 (Estimated)
OptionableNot Optionable

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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. Since then, FBM shares have increased by 2.3% and is now trading at $14.85. 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) released its quarterly earnings data on Monday, May, 11th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.13 by $0.09. The company earned $524.26 million during the quarter, compared to analysts' expectations of $519.49 million. Foundation Building Materials had a return on equity of 12.82% and a net margin of 2.36%. Foundation Building Materials's revenue was up 1.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.14 earnings per share. 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 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 brokers have issued 1-year price targets for Foundation Building Materials' shares. Their forecasts range from $10.00 to $20.00. On average, they expect Foundation Building Materials' share price to reach $16.57 in the next twelve months. This suggests a possible upside of 11.6% from the stock's current price. View analysts' price targets for Foundation Building Materials.

Has Foundation Building Materials been receiving favorable news coverage?

Headlines about FBM stock have been trending positive on Thursday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Foundation Building Materials earned a news sentiment score of 2.3 on InfoTrie's scale. They also assigned press coverage 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 near term. View the latest news aboutFoundation Building Materials.

Are investors shorting Foundation Building Materials?

Foundation Building Materials saw a increase in short interest in 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. Approximately 6.8% of the company's shares 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 many different institutional and retail 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 acquired 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 $14.85.

How big of a company is Foundation Building Materials?

Foundation Building Materials has a market capitalization of $641.56 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 5/28/2020 by MarketBeat.com Staff

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