Wall Street Zen cut shares of L.B. Foster (NASDAQ:FSTR – Free Report) from a strong-buy rating to a buy rating in a report issued on Saturday.
Several other research firms have also recently weighed in on FSTR. B. Riley Financial upped their price objective on shares of L.B. Foster from $27.00 to $32.00 and gave the stock a “neutral” rating in a research report on Wednesday. Zacks Research downgraded shares of L.B. Foster from a “hold” rating to a “strong sell” rating in a report on Wednesday. Singular Research raised shares of L.B. Foster to a “moderate buy” rating in a research note on Monday, November 17th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of L.B. Foster in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, L.B. Foster has a consensus rating of “Hold” and a consensus price target of $32.00.
View Our Latest Research Report on FSTR
L.B. Foster Price Performance
L.B. Foster (NASDAQ:FSTR – Get Free Report) last released its earnings results 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). The company had revenue of $160.37 million for the quarter, compared to the consensus estimate of $158.83 million. L.B. Foster had a net margin of 1.40% and a return on equity of 4.33%. As a group, research analysts expect that L.B. Foster will post 1.16 EPS for the current fiscal year.
Insider Transactions at L.B. Foster
In related news, major shareholder Aron R. English sold 34,025 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $26.79, for a total value of $911,529.75. Following the completion of the transaction, the insider owned 1,204,558 shares of the company’s stock, valued at $32,270,108.82. This represents a 2.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders have sold 78,474 shares of company stock worth $2,134,870. 4.70% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Brandes Investment Partners LP boosted its stake in shares of L.B. Foster by 17.1% during the second quarter. Brandes Investment Partners LP now owns 1,179,015 shares of the basic materials company’s stock valued at $25,785,000 after purchasing an additional 172,492 shares in the last quarter. Teton Advisors LLC acquired a new position in shares of L.B. Foster in the third quarter valued at approximately $3,767,000. Redmont Wealth Advisors LLC bought a new position in L.B. Foster in the 3rd quarter valued at approximately $738,000. Minerva Advisors LLC raised its holdings in L.B. Foster by 5.2% in the 2nd quarter. Minerva Advisors LLC now owns 83,965 shares of the basic materials company’s stock valued at $1,831,000 after buying an additional 4,167 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in L.B. Foster by 29.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,358 shares of the basic materials company’s stock worth $292,000 after buying an additional 3,030 shares during the period. 80.63% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about L.B. Foster
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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