B. Riley Forecasts L.B. Foster’s Q1 Earnings (NASDAQ:FSTR)

L.B. Foster (NASDAQ:FSTR) – Equities researchers at B. Riley issued their Q1 2025 earnings per share estimates for L.B. Foster in a research note issued on Wednesday, March 26th. B. Riley analyst L. Burke forecasts that the basic materials company will post earnings per share of $0.03 for the quarter. B. Riley currently has a “Hold” rating on the stock. The consensus estimate for L.B. Foster’s current full-year earnings is $1.16 per share. B. Riley also issued estimates for L.B. Foster’s Q2 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.37 EPS, FY2025 earnings at $1.68 EPS and FY2026 earnings at $1.94 EPS.

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

L.B. Foster Stock Down 2.4 %

Shares of FSTR opened at $20.08 on Monday. 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 stock has a fifty day simple moving average of $24.98 and a two-hundred day simple moving average of $24.24. The company has a market capitalization of $215.92 million, a PE ratio of 5.16 and a beta of 0.97.

L.B. Foster declared that its board has authorized a share buyback program on Tuesday, March 4th that authorizes the company to buyback $40.00 million in shares. This buyback authorization authorizes the basic materials company to buy up to 16.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On L.B. Foster

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MetLife Investment Management LLC grew its holdings in shares of L.B. Foster by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 5,329 shares of the basic materials company’s stock worth $109,000 after purchasing an additional 3,003 shares during the period. BNP Paribas Financial Markets lifted its position in L.B. Foster by 197.2% in the fourth quarter. BNP Paribas Financial Markets now owns 6,368 shares of the basic materials company’s stock valued at $171,000 after buying an additional 4,225 shares during the last quarter. Lazard Asset Management LLC purchased a new position in L.B. Foster during the fourth quarter worth about $349,000. Finally, Hillsdale Investment Management Inc. purchased a new stake in shares of L.B. Foster in the 4th quarter valued at approximately $1,784,000. Institutional investors and hedge funds own 80.63% of the company’s stock.

L.B. Foster Company Profile

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.