L.B. Foster Co (NASDAQ:FSTR) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 1 year consensus price target of $30.00 for the company and are predicting that the company will post $0.47 EPS for the current quarter, according to Zacks. Zacks has also given L.B. Foster an industry rank of 181 out of 255 based on the ratings given to related companies.

A number of equities research analysts have recently issued reports on the stock. B. Riley assumed coverage on shares of L.B. Foster in a research report on Wednesday, March 6th. They set a “buy” rating and a $25.00 price target for the company. ValuEngine downgraded shares of L.B. Foster from a “hold” rating to a “sell” rating in a research report on Saturday, March 9th.

Hedge funds have recently bought and sold shares of the company. Ramsey Quantitative Systems raised its position in shares of L.B. Foster by 80.2% during the 4th quarter. Ramsey Quantitative Systems now owns 7,144 shares of the basic materials company’s stock worth $114,000 after purchasing an additional 3,180 shares during the last quarter. Bank of America Corp DE raised its position in shares of L.B. Foster by 10.1% during the 4th quarter. Bank of America Corp DE now owns 15,700 shares of the basic materials company’s stock worth $249,000 after purchasing an additional 1,444 shares during the last quarter. Two Sigma Investments LP raised its position in shares of L.B. Foster by 16.0% during the 4th quarter. Two Sigma Investments LP now owns 16,582 shares of the basic materials company’s stock worth $264,000 after purchasing an additional 2,291 shares during the last quarter. Matarin Capital Management LLC acquired a new position in shares of L.B. Foster during the 3rd quarter worth approximately $387,000. Finally, Segall Bryant & Hamill LLC raised its position in shares of L.B. Foster by 31.0% during the 4th quarter. Segall Bryant & Hamill LLC now owns 30,208 shares of the basic materials company’s stock worth $480,000 after purchasing an additional 7,156 shares during the last quarter. Institutional investors own 66.34% of the company’s stock.

FSTR stock opened at $18.00 on Thursday. L.B. Foster has a 12-month low of $13.91 and a 12-month high of $26.75. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.83 and a quick ratio of 0.90. The company has a market cap of $189.76 million, a PE ratio of 21.18 and a beta of 2.08.

L.B. Foster Company Profile

L.B. Foster Company manufactures and distributes products and services for the transportation and energy infrastructure worldwide. Its Rail Products and Services segment offers new rail for passenger and shortline freight railroads, industrial companies, and rail contractors; used rail; rail accessories, such as track spikes, bolts, angle bars, and other products; power rail, direct fixation fasteners, coverboards, and special accessories; and trackwork products, as well as engineers and fabricates insulated rail joints and related accessories.

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