L.B. Foster Co Q3 2024 Everything You Need to Know Ahead of Earnings
FSTR Stock | USD 28.55 0.41 1.42% |
Slightly above 63% of all LB Foster's retail investors are looking to take a long position. The analysis of overall sentiment of trading LB Foster stock suggests that some investors are interested at this time. LB Foster's investing sentiment overview a quick insight into current market opportunities from investing in LB Foster. Many technical investors use LB Foster stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
FSTR |
L.B. Foster Co is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is 141.78 million, and the earnings are expected to come in at 0.49 per share. The full year 2024s revenue is expected to be 540.92 million and the earnings are expected to be 1.56 per share.
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LB Foster Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards LB Foster can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
LB Foster Fundamental Analysis
We analyze LB Foster's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LB Foster using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LB Foster based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
LB Foster is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
LB Foster Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with LB Foster stock to make a market-neutral strategy. Peer analysis of LB Foster could also be used in its relative valuation, which is a method of valuing LB Foster by comparing valuation metrics with similar companies.
Peers
LB Foster Related Equities
SPLP-PA | Steel Partners | 0.37 | ||||
RCMT | RCM Technologies | 0.00 | ||||
TRC | Tejon Ranch | 0.26 | ||||
MATW | Matthews International | 0.37 | ||||
SPLP | Steel Partners | 0.77 | ||||
NNBR | NN | 1.02 | ||||
CODI | Compass Diversified | 1.44 | ||||
VMI | Valmont Industries | 1.55 | ||||
BBU | Brookfield Business | 2.77 | ||||
GFF | Griffon | 3.53 |
Additional Tools for FSTR Stock Analysis
When running LB Foster's price analysis, check to measure LB Foster's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LB Foster is operating at the current time. Most of LB Foster's value examination focuses on studying past and present price action to predict the probability of LB Foster's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LB Foster's price. Additionally, you may evaluate how the addition of LB Foster to your portfolios can decrease your overall portfolio volatility.