L.B. Foster (FSTR) Rating Lowered to Buy at BidaskClub
L.B. Foster (NASDAQ:FSTR) was downgraded by research analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a report issued on Friday.
L.B. Foster (FSTR) opened at $25.65 on Friday. The stock has a market capitalization of $264.72, a P/E ratio of -7.13 and a beta of 2.32. The company has a quick ratio of 1.15, a current ratio of 2.10 and a debt-to-equity ratio of 0.89. L.B. Foster has a twelve month low of $11.80 and a twelve month high of $27.50.
L.B. Foster (NASDAQ:FSTR) last released its earnings results on Tuesday, November 7th. The basic materials company reported $0.31 earnings per share (EPS) for the quarter. The business had revenue of $131.49 million for the quarter. L.B. Foster had a negative return on equity of 27.11% and a negative net margin of 7.38%.
WARNING: “L.B. Foster (FSTR) Rating Lowered to Buy at BidaskClub” was first reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another site, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The original version of this piece can be read at https://www.americanbankingnews.com/2018/01/06/l-b-foster-fstr-rating-lowered-to-buy-at-bidaskclub.html.
L.B. Foster Company Profile
L.B. Foster Company is a manufacturer, fabricator and distributor of products and services for the rail, construction, energy and utility markets. The Company’s segments include Rail Products and Services, Construction Products, and Tubular and Energy Services. Its Rail Products segment provides a range of new and used rail, trackwork and accessories to railroads, mines and industry.
Receive News & Ratings for L.B. Foster Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for L.B. Foster and related companies with MarketBeat.com's FREE daily email newsletter.