L.B. Foster (NASDAQ:FSTR) Posts Earnings Results, Misses Expectations By $0.31 EPS

L.B. Foster (NASDAQ:FSTR) released its earnings results on Tuesday. The basic materials company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.31), Zacks reports. L.B. Foster had a return on equity of 6.01% and a net margin of 7.96%. L.B. Foster updated its FY 2025 guidance to EPS.

L.B. Foster Stock Performance

Shares of L.B. Foster stock opened at $24.38 on Tuesday. The firm has a market capitalization of $264.04 million, a P/E ratio of 6.27 and a beta of 0.96. L.B. Foster has a 52 week low of $14.23 and a 52 week high of $30.77. The company has a quick ratio of 1.30, a current ratio of 2.27 and a debt-to-equity ratio of 0.37. The firm’s 50 day moving average is $27.31 and its two-hundred day moving average is $23.96.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. StockNews.com raised shares of L.B. Foster from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 8th. B. Riley increased their target price on L.B. Foster from $21.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, November 13th.

About L.B. Foster

L.B. Foster Company provides engineered and manufactured products and services for the building and infrastructure projects in the United States, Canada, the United Kingdom, and internationally. It operates through two segments: Rail, Technologies, and Services; and Infrastructure Solutions. The Rail, Technologies, and Services segment offers new rail to passenger and short line freight railroads, industrial companies, and rail contractors, as well as used rails; rail accessories, such as rack spikes, bolts, angle bars, tie plates, and other products; insulated rail joints and related accessories; fixation fasteners, coverboards, and special accessories; and trackwork products.