What is B. Riley’s Estimate for L.B. Foster FY2025 Earnings?

L.B. Foster Company (NASDAQ:FSTR) – Analysts at B. Riley lowered their FY2025 EPS estimates for shares of L.B. Foster in a research note issued on Monday, November 3rd. B. Riley analyst L. Burke now expects that the basic materials company will earn $1.12 per share for the year, down from their prior estimate of $1.16. The consensus estimate for L.B. Foster’s current full-year earnings is $1.16 per share.

L.B. Foster (NASDAQ:FSTR) last announced its quarterly earnings data on Monday, November 3rd. The basic materials company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.21). L.B. Foster had a net margin of 7.19% and a return on equity of 3.64%. The business had revenue of $138.29 million during the quarter, compared to analyst estimates of $154.38 million. L.B. Foster has set its FY 2025 guidance at EPS.

Several other equities analysts also recently issued reports on the stock. Wall Street Zen raised shares of L.B. Foster from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Weiss Ratings reissued a “hold (c)” rating on shares of L.B. Foster in a report on Wednesday, October 8th. Finally, Zacks Research raised shares of L.B. Foster from a “strong sell” rating to a “hold” rating in a report on Monday, October 13th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, L.B. Foster has a consensus rating of “Hold” and an average target price of $25.00.

L.B. Foster Trading Down 0.5%

Shares of FSTR stock opened at $26.81 on Tuesday. L.B. Foster has a 12-month low of $17.16 and a 12-month high of $29.77. The company has a market capitalization of $284.13 million, a P/E ratio of 8.08 and a beta of 0.96. The firm has a 50-day moving average price of $26.79 and a 200 day moving average price of $23.23. The company has a quick ratio of 1.43, a current ratio of 2.53 and a debt-to-equity ratio of 0.46.

Institutional Investors Weigh In On L.B. Foster

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State of Wyoming acquired a new stake in L.B. Foster in the 2nd quarter valued at about $122,000. Tower Research Capital LLC TRC increased its position in L.B. Foster by 189.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,131 shares of the basic materials company’s stock valued at $47,000 after acquiring an additional 1,395 shares in the last quarter. Bridgeway Capital Management LLC increased its position in L.B. Foster by 161.7% in the 2nd quarter. Bridgeway Capital Management LLC now owns 51,285 shares of the basic materials company’s stock valued at $1,122,000 after acquiring an additional 31,685 shares in the last quarter. Ameriprise Financial Inc. increased its position in L.B. Foster by 15.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 52,527 shares of the basic materials company’s stock valued at $1,149,000 after acquiring an additional 6,920 shares in the last quarter. Finally, Gamco Investors INC. ET AL grew its position in shares of L.B. Foster by 2.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 950,272 shares of the basic materials company’s stock worth $20,782,000 after buying an additional 18,272 shares during the period. Institutional investors and hedge funds own 80.63% of the company’s stock.

L.B. Foster Company Profile

L.B. Foster Company provides engineered and manufactured products and services for the building and infrastructure projects in the United States, Canada, the United Kingdom, and internationally. It operates through two segments: Rail, Technologies, and Services; and Infrastructure Solutions. The Rail, Technologies, and Services segment offers new rail to passenger and short line freight railroads, industrial companies, and rail contractors, as well as used rails; rail accessories, such as rack spikes, bolts, angle bars, tie plates, and other products; insulated rail joints and related accessories; fixation fasteners, coverboards, and special accessories; and trackwork products.