What is Sidoti’s Forecast for L.B. Foster Q1 Earnings?

L.B. Foster Company (NASDAQ:FSTR) – Research analysts at Sidoti issued their Q1 2028 earnings per share estimates for shares of L.B. Foster in a research note issued on Wednesday, July 22nd. Sidoti analyst J. Romero forecasts that the basic materials company will earn ($0.02) per share for the quarter. The consensus estimate for L.B. Foster’s current full-year earnings is $1.74 per share. Sidoti also issued estimates for L.B. Foster’s Q2 2028 earnings at $0.82 EPS.

Several other research analysts have also weighed in on the stock. Weiss Ratings upgraded shares of L.B. Foster from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Wall Street Zen raised shares of L.B. Foster from a “buy” rating to a “strong-buy” rating in a report on Monday, June 8th. Finally, Zacks Research downgraded shares of L.B. Foster from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $32.00.

L.B. Foster Stock Performance

NASDAQ FSTR opened at $42.71 on Thursday. The firm has a market capitalization of $446.75 million, a P/E ratio of 41.47 and a beta of 1.14. The company has a current ratio of 2.22, a quick ratio of 1.28 and a debt-to-equity ratio of 0.34. The firm’s fifty day moving average price is $41.80 and its two-hundred day moving average price is $34.58. L.B. Foster has a 1 year low of $21.67 and a 1 year high of $45.81.

L.B. Foster (NASDAQ:FSTR) last released its earnings results on Monday, May 4th. The basic materials company reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.22) by $0.36. The business had revenue of $121.14 million during the quarter, compared to analysts’ expectations of $104.30 million. L.B. Foster had a net margin of 1.98% and a return on equity of 6.36%.

Hedge Funds Weigh In On L.B. Foster

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FSTR. Comerica Bank raised its position in shares of L.B. Foster by 356.7% in the third quarter. Comerica Bank now owns 1,466 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 1,145 shares during the period. Fifth Third Bancorp bought a new stake in shares of L.B. Foster during the 1st quarter worth about $47,000. Tower Research Capital LLC TRC grew its stake 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 buying an additional 1,395 shares during the last quarter. State of Wyoming acquired a new position in L.B. Foster in the 2nd quarter valued at about $122,000. Finally, BNP Paribas Financial Markets grew its stake 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 last quarter. 80.63% of the stock is owned by institutional investors.

About L.B. Foster

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.