L.B. Foster (NASDAQ:FSTR – Get Rating) had its price objective raised by equities researchers at B. Riley from $14.00 to $15.00 in a research note issued on Wednesday, The Fly reports. B. Riley’s price objective suggests a potential upside of 2.18% from the stock’s previous close. B. Riley also issued estimates for L.B. Foster’s Q3 2022 earnings at $0.06 EPS, Q4 2022 earnings at $0.01 EPS and FY2022 earnings at $0.11 EPS.
Separately, StockNews.com began coverage on L.B. Foster in a research report on Sunday. They set a “hold” rating on the stock.
L.B. Foster Trading Down 3.2 %
NASDAQ FSTR opened at $14.68 on Wednesday. The company has a market cap of $160.45 million, a price-to-earnings ratio of 66.73 and a beta of 0.94. L.B. Foster has a 52 week low of $12.04 and a 52 week high of $18.13. The business has a 50 day moving average price of $13.75 and a 200-day moving average price of $14.26. The company has a quick ratio of 1.34, a current ratio of 2.10 and a debt-to-equity ratio of 0.27.
Institutional Inflows and Outflows
About L.B. Foster
L.B. Foster Company provides engineered and manufactured products and services for the building and infrastructure projects worldwide. The company's Rail, Technologies, and Services segment offers new rail to passenger and short line freight railroads, industrial companies, and rail contractors; used rails; rail accessories, including track spikes and anchors, bolts, angle bars, tie plates, and other products; power rail, direct fixation fasteners, coverboards, and special accessories; and trackwork products, as well as engineers and manufactures insulated rail joints and related accessories.
- Get a free copy of the StockNews.com research report on L.B. Foster (FSTR)
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