L.B. Foster (NASDAQ:FSTR) Upgraded at B. Riley

B. Riley upgraded shares of L.B. Foster (NASDAQ:FSTR) to a hold rating in a report released on Wednesday,Zacks.com reports. B. Riley also issued estimates for L.B. Foster’s Q3 2025 earnings at $0.63 EPS.

Separately, StockNews.com lowered L.B. Foster from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 6th.

L.B. Foster Stock Performance

Shares of FSTR opened at $20.08 on Wednesday. The company has a market capitalization of $215.92 million, a PE ratio of 5.16 and a beta of 0.97. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.27 and a quick ratio of 1.30. L.B. Foster has a one year low of $14.23 and a one year high of $30.77. The company’s fifty day moving average price is $24.98 and its 200 day moving average price is $24.17.

L.B. Foster announced that its Board of Directors has approved a share buyback program on Tuesday, March 4th that permits the company to repurchase $40.00 million in shares. This repurchase authorization permits the basic materials company to buy up to 16.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. MetLife Investment Management LLC increased its holdings in L.B. Foster by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 5,329 shares of the basic materials company’s stock valued at $109,000 after buying an additional 3,003 shares during the period. BNP Paribas Financial Markets boosted its position in shares of L.B. Foster by 197.2% during the 4th quarter. BNP Paribas Financial Markets now owns 6,368 shares of the basic materials company’s stock valued at $171,000 after acquiring an additional 4,225 shares in the last quarter. Lazard Asset Management LLC bought a new stake in L.B. Foster in the fourth quarter valued at about $349,000. De Lisle Partners LLP raised its position in L.B. Foster by 11.9% in the third quarter. De Lisle Partners LLP now owns 46,944 shares of the basic materials company’s stock worth $961,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Hillsdale Investment Management Inc. bought a new position in L.B. Foster during the fourth quarter worth about $1,784,000. 80.63% of the stock is currently owned by institutional investors and hedge funds.

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.