Sidoti Predicts L.B. Foster’s Q1 Earnings (NASDAQ:FSTR)

L.B. Foster Company (NASDAQ:FSTR) – Equities research analysts at Sidoti issued their Q1 2028 earnings estimates for shares of L.B. Foster in a report issued on Wednesday, July 22nd. Sidoti analyst J. Romero expects that the basic materials company will post earnings per share of ($0.02) 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.

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

L.B. Foster Stock Down 1.8%

Shares of FSTR opened at $42.29 on Thursday. The stock has a market cap of $442.35 million, a price-to-earnings ratio of 41.06 and a beta of 1.14. The company has a quick ratio of 1.28, a current ratio of 2.22 and a debt-to-equity ratio of 0.34. L.B. Foster has a 12 month low of $21.67 and a 12 month high of $45.81. The company has a 50-day moving average price of $41.75 and a two-hundred day moving average price of $34.47.

L.B. Foster (NASDAQ:FSTR) last issued 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 for the quarter, compared to analyst estimates of $104.30 million. L.B. Foster had a net margin of 1.98% and a return on equity of 6.36%.

Institutional Investors Weigh In On L.B. Foster

A number of hedge funds have recently added to or reduced their stakes in FSTR. Comerica Bank grew its holdings in L.B. Foster by 356.7% during the 3rd quarter. Comerica Bank now owns 1,466 shares of the basic materials company’s stock worth $40,000 after acquiring an additional 1,145 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of L.B. Foster in the first quarter worth about $47,000. Tower Research Capital LLC TRC lifted its position in shares of L.B. Foster by 189.5% during the second quarter. Tower Research Capital LLC TRC now owns 2,131 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 1,395 shares in the last quarter. State of Wyoming acquired a new position in shares of L.B. Foster during the second quarter worth approximately $122,000. Finally, BNP Paribas Financial Markets lifted its position in shares of L.B. Foster by 469.1% during the third quarter. BNP Paribas Financial Markets now owns 5,765 shares of the basic materials company’s stock worth $155,000 after purchasing an additional 4,752 shares in the last quarter. Institutional investors own 80.63% of the company’s stock.

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.