L.B. Foster (NASDAQ:FSTR – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.
FSTR has been the subject of a number of other reports. B. Riley Financial increased their price target on L.B. Foster from $27.00 to $32.00 and gave the company a “neutral” rating in a research note on Wednesday. Zacks Research downgraded L.B. Foster from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of L.B. Foster in a report on Monday, December 29th. Finally, Singular Research upgraded L.B. Foster to a “moderate buy” rating in a research report on Monday, November 17th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $32.00.
Get Our Latest Stock Analysis on FSTR
L.B. Foster Stock Down 1.9%
L.B. Foster (NASDAQ:FSTR – Get Free Report) last issued its quarterly earnings data on Tuesday, March 3rd. The basic materials company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.44). L.B. Foster had a net margin of 1.40% and a return on equity of 4.33%. The firm had revenue of $160.37 million for the quarter, compared to analysts’ expectations of $158.83 million. Analysts predict that L.B. Foster will post 1.16 EPS for the current fiscal year.
Insider Buying and Selling at L.B. Foster
In related news, major shareholder Aron R. English sold 5,124 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $31.99, for a total transaction of $163,916.76. Following the completion of the sale, the insider directly owned 1,185,922 shares of the company’s stock, valued at approximately $37,937,644.78. This trade represents a 0.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 78,474 shares of company stock valued at $2,134,870 in the last quarter. Corporate insiders own 4.70% of the company’s stock.
Institutional Trading of L.B. Foster
A number of hedge funds and other institutional investors have recently bought and sold shares of FSTR. First Horizon Advisors Inc. boosted its stake in shares of L.B. Foster by 250.1% during the second quarter. First Horizon Advisors Inc. now owns 1,348 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 963 shares during the period. Comerica Bank increased its stake in L.B. Foster by 356.7% in the 3rd quarter. Comerica Bank now owns 1,466 shares of the basic materials company’s stock worth $40,000 after buying an additional 1,145 shares during the period. Tower Research Capital LLC TRC lifted its holdings in L.B. Foster by 189.5% during 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 buying an additional 1,395 shares in the last quarter. State of Wyoming purchased a new stake in L.B. Foster in the 2nd quarter valued at about $122,000. Finally, BNP Paribas Financial Markets boosted its position in L.B. Foster by 469.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,765 shares of the basic materials company’s stock valued at $155,000 after buying an additional 4,752 shares during the period. Hedge funds and other institutional investors own 80.63% of the company’s stock.
L.B. Foster News Summary
Here are the key news stories impacting L.B. Foster this week:
- Positive Sentiment: Company guidance — L.B. Foster outlined plans for ~3.7% sales growth and an 11.3% expansion in adjusted EBITDA for 2026, citing a robust backlog and steady demand; this supports medium-term revenue and margin improvement. Seeking Alpha: L.B. Foster outlines 3.7% sales growth and 11.3% adjusted EBITDA expansion for 2026
- Neutral Sentiment: Sidoti estimate revisions — Sidoti issued a mixed set of changes (March 4): they raised several quarterly forecasts (e.g., Q3‑2026 to $0.65, Q3‑2027 to $0.77, Q4‑2027 to $0.71) but cut near‑term quarters and full‑year targets (Q2‑2026 to $0.57 from $0.64; Q2‑2027 to $0.70 from $0.73; FY2026 lowered to $1.59 from $1.78; FY2027 to $2.04 from $2.09). The net effect is mixed — some confidence in later quarters but reduced near‑term/annual expectations, which can temper upside. MarketBeat: Sidoti analyst note
- Negative Sentiment: Zacks downgrade — Zacks Research downgraded FSTR from “hold” to “strong sell,” a clear negative signal that can trigger selling pressure from sentiment‑driven investors. TickerReport: Zacks downgrade
L.B. Foster Company Profile
L.B. Foster Company is a diversified infrastructure solutions provider offering products and services to the transportation, energy, and construction markets. Founded in 1902 and headquartered in Pittsburgh, Pennsylvania, the company has built a reputation for delivering specialty materials and engineering solutions that support critical infrastructure projects across various industries.
The company’s operations are organized into three primary segments: Rail Products & Services, Construction Products, and Tubular & Energy Products.
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