L.B. Foster (NASDAQ:FSTR) Upgraded at Wall Street Zen

L.B. Foster (NASDAQ:FSTR) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “strong-buy” rating in a report released on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings downgraded shares of L.B. Foster from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $32.00.

L.B. Foster Trading Up 1.7%

Shares of FSTR stock opened at $39.75 on Friday. The stock has a market capitalization of $418.17 million, a P/E ratio of 30.81, a P/E/G ratio of 0.56 and a beta of 1.17. The firm’s 50 day moving average is $36.73 and its 200 day moving average is $36.06. The company has a current ratio of 2.00, a quick ratio of 1.15 and a debt-to-equity ratio of 0.27. L.B. Foster has a 12-month low of $25.66 and a 12-month high of $45.81.

L.B. Foster (NASDAQ:FSTR) last announced its earnings results on Wednesday, November 4th. The basic materials company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.04. The business had revenue of $168.00 million during the quarter, compared to the consensus estimate of $152.19 million. L.B. Foster had a net margin of 2.04% and a return on equity of 7.61%. Research analysts expect that L.B. Foster will post 1.86 earnings per share for the current year.

Institutional Investors Weigh In On L.B. Foster

Institutional investors and hedge funds have recently modified their holdings of the stock. De Lisle Partners LLP bought a new position in L.B. Foster during the second quarter worth about $1,378,000. Hillsdale Investment Management Inc. bought a new stake in shares of L.B. Foster in the 1st quarter worth approximately $354,000. Fifth Third Bancorp bought a new position in shares of L.B. Foster in the 1st quarter worth $47,000. Bank of America Corp DE raised its holdings in shares of L.B. Foster by 13.3% during the first quarter. Bank of America Corp DE now owns 15,941 shares of the basic materials company’s stock valued at $445,000 after acquiring an additional 1,869 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in L.B. Foster by 74.3% during the 1st quarter. Royal Bank of Canada now owns 21,558 shares of the basic materials company’s stock valued at $601,000 after acquiring an additional 9,191 shares during the period. 80.63% of the stock is owned by institutional investors and hedge funds.

More L.B. Foster News

Here are the key news stories impacting L.B. Foster this week:

• Positive Sentiment: Sidoti raised its FY2026 EPS forecast to $1.84 from $1.79 and its Q4 2026 estimate to $0.58 from $0.57. It also lifted its FY2028 forecast to $2.70 from $2.54 and Q3 2028 to $1.00 from $0.90, signaling improved expectations for those periods. Sidoti estimate revisions
• Positive Sentiment: A recent Q3 2026 deep dive cited strong sales momentum and a new acquisition as factors behind an upbeat outlook. The company’s reported quarterly results also beat consensus estimates for EPS and revenue. FSTR Q3 2026 deep dive
• Neutral Sentiment: Sidoti’s revisions were mixed overall: its FY2027 EPS forecast is now $1.99, below its prior $2.17 estimate, while the new FY2026 and FY2027 forecasts are $1.84 and $1.99, respectively. Sidoti estimate revisions
• Negative Sentiment: Sidoti reduced estimates for Q2 2027 EPS to $0.61 from $0.71 and Q3 2027 to $0.76 from $0.80. It also trimmed Q2 2028 to $0.81 from $0.82, tempering the otherwise more favorable longer-term revisions. Sidoti estimate revisions

L.B. Foster Company Profile

L.B. Foster Company (NASDAQ: FSTR) is a Pittsburgh-based manufacturer and supplier of products, technologies and services used in transportation and industrial infrastructure. The company serves customers primarily in the rail, construction and energy markets, providing solutions designed to support the construction, maintenance and operation of critical infrastructure.

In its rail business, L.B. Foster offers rail and track products such as rail joints, fastening systems, track components and related maintenance solutions.