Somewhat Positive Press Coverage Somewhat Unlikely to Affect Foundation Building Materials (FBM) Share Price
Headlines about Foundation Building Materials (NYSE:FBM) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Foundation Building Materials earned a news sentiment score of 0.01 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.6972391527575 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Foundation Building Materials stock traded up $0.07 during mid-day trading on Monday, reaching $13.60. 79,200 shares of the company’s stock traded hands, compared to its average volume of 114,516. The company has a market cap of $565.34 million, a price-to-earnings ratio of 45.37 and a beta of 0.29. The company has a quick ratio of 1.60, a current ratio of 2.41 and a debt-to-equity ratio of 1.66. Foundation Building Materials has a 12-month low of $11.03 and a 12-month high of $16.40.
Foundation Building Materials (NYSE:FBM) last released its quarterly earnings results on Thursday, August 9th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.06). The business had revenue of $605.00 million for the quarter, compared to analysts’ expectations of $586.66 million. Foundation Building Materials had a net margin of 3.72% and a return on equity of 5.15%. Foundation Building Materials’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.03 EPS. equities research analysts anticipate that Foundation Building Materials will post 0.57 earnings per share for the current fiscal year.
About Foundation Building Materials
Foundation Building Materials, Inc distributes building products in the United States and Canada. It operates through two segments, Specialty Building Products and Mechanical Insulation. The Specialty Building Products segment distributes wallboard, metal framing, suspended ceiling system, and other products.
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