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L.B. Foster Company (NASDAQ:FSTR) hit a new 52-week high during trading on Tuesday , Analyst Ratings Network.com reports. The stock traded as high as $54.82 and last traded at $54.74, with a volume of 16,402 shares trading hands. The stock had previously closed at $54.12.

Several analysts have recently commented on the stock. Analysts at DA Davidson reiterated a “buy” rating on shares of L.B. Foster Company in a research note on Friday, June 13th. They now have a $60.00 price target on the stock, up previously from $55.00. Separately, analysts at Davidson raised their price target on shares of L.B. Foster Company from $55.00 to $60.00 in a research note on Friday, June 13th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of L.B. Foster Company in a research note on Tuesday, June 10th. They now have a $57.00 price target on the stock.

The stock has a 50-day moving average of $51.39 and a 200-day moving average of $47.34. The company has a market cap of $576.1 million and a P/E ratio of 19.88.

L.B. Foster Company (NASDAQ:FSTR) last released its earnings data on Monday, May 5th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.18. The company had revenue of $111.40 million for the quarter, compared to the consensus estimate of $123.90 million. During the same quarter in the previous year, the company posted $0.48 earnings per share. The company’s revenue for the quarter was down 13.8% on a year-over-year basis. On average, analysts predict that L.B. Foster Company will post $2.91 earnings per share for the current fiscal year.

L. B. Foster Company is engaged in the manufacture, fabrication and distribution of rail, construction and tubular products.

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