Headlines about Foundation Building Materials (NYSE:FBM) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Foundation Building Materials earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.6098581826019 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Foundation Building Materials (FBM) opened at $15.62 on Wednesday. The company has a current ratio of 2.63, a quick ratio of 1.82 and a debt-to-equity ratio of 2.02. The firm has a market capitalization of $683.70 and a PE ratio of -130.17. Foundation Building Materials has a 52-week low of $11.03 and a 52-week high of $17.91.

Foundation Building Materials (NYSE:FBM) last posted its quarterly earnings data on Tuesday, November 7th. The company reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08. The company had revenue of $535.40 million during the quarter, compared to analysts’ expectations of $535.81 million. Foundation Building Materials had a negative return on equity of 2.98% and a negative net margin of 0.11%. Foundation Building Materials’s quarterly revenue was up 28.8% compared to the same quarter last year. research analysts anticipate that Foundation Building Materials will post 0.17 EPS for the current fiscal year.

A number of research analysts have issued reports on the company. Barclays set a $19.00 target price on Foundation Building Materials and gave the company a “buy” rating in a research note on Sunday, January 7th. Zacks Investment Research cut Foundation Building Materials from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. Robert W. Baird reaffirmed a “hold” rating and set a $15.00 price objective on shares of Foundation Building Materials in a research report on Monday, October 9th. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $15.00 price objective on shares of Foundation Building Materials in a research report on Tuesday, October 10th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the stock. Foundation Building Materials currently has an average rating of “Buy” and a consensus target price of $18.71.

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About Foundation Building Materials

Foundation Building Materials, Inc is a specialty distributor of wallboard and suspended ceiling systems in the United States and Canada. The Company’s segments include Specialty Building Products and Mechanical Insulation. The Company fabricates and distributes its products for specialty contractors seeking to improve or maintain energy efficiency in a range of commercial and industrial buildings.

Insider Buying and Selling by Quarter for Foundation Building Materials (NYSE:FBM)

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