Q1 Earnings Forecast for L.B. Foster Issued By B. Riley

L.B. Foster (NASDAQ:FSTR) – Equities research analysts at B. Riley issued their Q1 2025 earnings per share (EPS) estimates for shares of L.B. Foster in a research note issued to investors on Wednesday, March 26th. B. Riley analyst L. Burke anticipates that the basic materials company will post earnings per share of $0.03 for the quarter. B. Riley 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 report on Thursday, March 6th.

L.B. Foster Stock Down 2.4 %

FSTR stock opened at $20.08 on Monday. The company’s 50 day moving average price is $24.98 and its 200 day moving average price is $24.24. The firm has a market capitalization of $215.92 million, a price-to-earnings ratio of 5.16 and a beta of 0.97. L.B. Foster has a fifty-two week low of $14.23 and a fifty-two week high of $30.77. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.30 and a current ratio of 2.27.

Institutional Investors Weigh In On L.B. Foster

Several hedge funds and other institutional investors have recently made changes to their positions in FSTR. MetLife Investment Management LLC boosted its holdings in L.B. Foster by 129.1% in the third quarter. MetLife Investment Management LLC now owns 5,329 shares of the basic materials company’s stock valued at $109,000 after purchasing an additional 3,003 shares in the last quarter. BNP Paribas Financial Markets lifted 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 worth $171,000 after buying an additional 4,225 shares during the last quarter. Lazard Asset Management LLC acquired a new position in shares of L.B. Foster in the 4th quarter valued at $349,000. Finally, Hillsdale Investment Management Inc. acquired a new stake in L.B. Foster during the 4th quarter worth $1,784,000. Institutional investors and hedge funds own 80.63% of the company’s stock.

L.B. Foster declared that its Board of Directors has initiated a stock repurchase program on Tuesday, March 4th that permits the company to buyback $40.00 million in outstanding shares. This buyback authorization permits the basic materials company to reacquire up to 16.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

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.