L.B. Foster (NASDAQ:FSTR) Stock Rating Upgraded by B. Riley

B. Riley upgraded shares of L.B. Foster (NASDAQ:FSTR) to a hold rating in a research report sent to 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 cut 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 Price Performance

L.B. Foster stock opened at $20.08 on Wednesday. The stock has a market cap of $215.92 million, a price-to-earnings ratio of 5.16 and a beta of 0.97. L.B. Foster has a 12-month low of $14.23 and a 12-month high of $30.77. The company has a quick ratio of 1.30, a current ratio of 2.27 and a debt-to-equity ratio of 0.37. The business’s 50-day simple moving average is $24.98 and its 200 day simple moving average is $24.17.

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

Institutional Investors Weigh In On L.B. Foster

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FSTR. MetLife Investment Management LLC boosted its holdings in L.B. Foster by 129.1% during the third quarter. MetLife Investment Management LLC now owns 5,329 shares of the basic materials company’s stock worth $109,000 after buying an additional 3,003 shares during the last quarter. De Lisle Partners LLP raised its position in shares of L.B. Foster by 11.9% in the 3rd quarter. De Lisle Partners LLP now owns 46,944 shares of the basic materials company’s stock valued at $961,000 after acquiring an additional 5,000 shares during the period. Hillsdale Investment Management Inc. acquired a new stake in shares of L.B. Foster in the 4th quarter valued at approximately $1,784,000. BNP Paribas Financial Markets boosted its stake in L.B. Foster by 197.2% during the 4th quarter. BNP Paribas Financial Markets now owns 6,368 shares of the basic materials company’s stock worth $171,000 after acquiring an additional 4,225 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new position in L.B. Foster during the fourth quarter valued at approximately $349,000. Institutional investors own 80.63% of the company’s stock.

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.