L.B. Foster (NASDAQ:FSTR) Upgraded to “Hold” at B. Riley

L.B. Foster (NASDAQ:FSTR) was upgraded by stock analysts at B. Riley to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports. B. Riley also issued estimates for L.B. Foster’s Q3 2025 earnings at $0.63 EPS.

Separately, StockNews.com downgraded shares of L.B. Foster from a “strong-buy” rating to a “buy” rating in a research report on Thursday, March 6th.

L.B. Foster Trading Down 1.2 %

NASDAQ:FSTR opened at $20.58 on Wednesday. L.B. Foster has a 1 year low of $14.23 and a 1 year high of $30.77. The business has a fifty day moving average of $25.14 and a 200-day moving average of $24.16. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.30 and a current ratio of 2.27. The stock has a market cap of $221.30 million, a price-to-earnings ratio of 5.29 and a beta of 0.97.

L.B. Foster declared that its board has initiated a share repurchase program on Tuesday, March 4th that permits the company to buyback $40.00 million in outstanding shares. This buyback authorization permits the basic materials company to repurchase up to 16.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On L.B. Foster

Hedge funds and other institutional investors have recently bought and sold shares of the business. MetLife Investment Management LLC grew its stake in shares of L.B. Foster by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 5,329 shares of the basic materials company’s stock worth $109,000 after purchasing an additional 3,003 shares during the last quarter. De Lisle Partners LLP grew its position in L.B. Foster by 11.9% in the third quarter. De Lisle Partners LLP now owns 46,944 shares of the basic materials company’s stock worth $961,000 after buying an additional 5,000 shares during the last quarter. Hillsdale Investment Management Inc. acquired a new position in L.B. Foster in the fourth quarter worth approximately $1,784,000. BNP Paribas Financial Markets increased its holdings in shares of L.B. Foster by 197.2% in the fourth quarter. BNP Paribas Financial Markets now owns 6,368 shares of the basic materials company’s stock valued at $171,000 after buying an additional 4,225 shares in the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in shares of L.B. Foster during the 4th quarter valued at $349,000. 80.63% of the stock is currently owned by institutional investors.

L.B. Foster Company Profile

L.B. Foster Company provides engineered and manufactured products and services for the building and infrastructure projects in the United States, Canada, the United Kingdom, and internationally. It operates through two segments: Rail, Technologies, and Services; and Infrastructure Solutions. The Rail, Technologies, and Services segment offers new rail to passenger and short line freight railroads, industrial companies, and rail contractors, as well as used rails; rail accessories, such as rack spikes, bolts, angle bars, tie plates, and other products; insulated rail joints and related accessories; fixation fasteners, coverboards, and special accessories; and trackwork products.