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

L.B. Foster Company (NASDAQ:FSTR) – Equities research analysts at Sidoti cut their Q1 2027 earnings per share estimates for shares of L.B. Foster in a research report issued to clients and investors on Thursday, November 5th. Sidoti analyst J. Romero now anticipates that the basic materials company will post earnings of ($0.13) per share for the quarter, down from their previous forecast of ($0.09). The consensus estimate for L.B. Foster’s current full-year earnings is $1.86 per share.

L.B. Foster (NASDAQ:FSTR) last issued its quarterly earnings results on Wednesday, November 4th. The basic materials company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.04. L.B. Foster had a net margin of 2.35% and a return on equity of 8.83%. The business had revenue of $168.00 million for the quarter, compared to analysts’ expectations of $152.19 million.

Other equities research analysts also recently issued reports about the stock. Weiss Ratings downgraded shares of L.B. Foster from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Wall Street Zen raised shares of L.B. Foster from a “hold” rating to a “strong-buy” rating in a research report on Saturday. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $32.00.

L.B. Foster Trading Up 0.4%

Shares of FSTR stock opened at $42.04 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.18 and a current ratio of 1.89. The stock has a market capitalization of $442.26 million, a P/E ratio of 32.59, a price-to-earnings-growth ratio of 0.63 and a beta of 1.17. The company has a 50 day moving average price of $36.91 and a 200 day moving average price of $36.18. L.B. Foster has a fifty-two week low of $25.66 and a fifty-two week high of $45.81.

Institutional Investors Weigh In On L.B. Foster

Several large investors have recently bought and sold shares of FSTR. De Lisle Partners LLP purchased a new position in shares of L.B. Foster in the 2nd quarter valued at about $1,378,000. Assenagon Asset Management S.A. grew its position in shares of L.B. Foster by 43.3% during the second quarter. Assenagon Asset Management S.A. now owns 40,176 shares of the basic materials company’s stock worth $1,815,000 after buying an additional 12,141 shares in the last quarter. Bank of America Corp DE increased its stake in shares of L.B. Foster by 13.3% during the first quarter. Bank of America Corp DE now owns 15,941 shares of the basic materials company’s stock worth $445,000 after buying an additional 1,869 shares during the period. Royal Bank of Canada increased its stake in shares of L.B. Foster by 74.3% during the first quarter. Royal Bank of Canada now owns 21,558 shares of the basic materials company’s stock worth $601,000 after buying an additional 9,191 shares during the period. Finally, Empowered Funds LLC increased its stake in shares of L.B. Foster by 8.0% during the first quarter. Empowered Funds LLC now owns 16,665 shares of the basic materials company’s stock worth $465,000 after buying an additional 1,232 shares during the period. Hedge funds and other institutional investors own 80.63% of the company’s stock.

About L.B. Foster

L.B. Foster Company (NASDAQ: FSTR) is a Pittsburgh-based manufacturer and supplier of products, technologies and services used in transportation and industrial infrastructure. The company serves customers primarily in the rail, construction and energy markets, providing solutions designed to support the construction, maintenance and operation of critical infrastructure. In its rail business, L.B. Foster offers rail and track products such as rail joints, fastening systems, track components and related maintenance solutions.