Somewhat Positive Press Coverage Somewhat Unlikely to Impact L.B. Foster (FSTR) Stock Price
Media headlines about L.B. Foster (NASDAQ:FSTR) have trended somewhat positive on Sunday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. L.B. Foster earned a news impact score of 0.14 on Accern’s scale. Accern also gave media stories about the basic materials company an impact score of 46.0948195642237 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of L.B. Foster (FSTR) opened at 22.75 on Friday. The company’s market capitalization is $235.28 million. L.B. Foster has a 52-week low of $9.25 and a 52-week high of $23.25. The stock has a 50 day moving average price of $18.79 and a 200 day moving average price of $17.30.
L.B. Foster (NASDAQ:FSTR) last posted its earnings results on Thursday, August 3rd. The basic materials company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.32. The business had revenue of $144.86 million for the quarter. L.B. Foster had a negative return on equity of 27.82% and a negative net margin of 9.83%. On average, analysts predict that L.B. Foster will post ($0.81) earnings per share for the current fiscal year.
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About L.B. Foster
L.B. Foster Company is a manufacturer, fabricator and distributor of products and services for the rail, construction, energy and utility markets. The Company’s segments include Rail Products and Services, Construction Products, and Tubular and Energy Services. Its Rail Products segment provides a range of new and used rail, trackwork and accessories to railroads, mines and industry.
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