Somewhat Positive Press Coverage Somewhat Unlikely to Affect Foundation Building Materials (FBM) Share Price
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.
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.
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