L.B. Foster (NASDAQ:FSTR) Rating Increased to Hold at B. Riley

B. Riley upgraded shares of L.B. Foster (NASDAQ:FSTR) to a hold rating in a research note published 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 L.B. Foster from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 6th.

L.B. Foster Trading Down 1.2 %

L.B. Foster stock opened at $20.58 on Wednesday. L.B. Foster has a one year low of $14.23 and a one year high of $30.77. The company’s fifty day moving average price is $25.14 and its two-hundred day moving average price is $24.16. The company has a market capitalization of $221.30 million, a price-to-earnings ratio of 5.29 and a beta of 0.97. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.27 and a quick ratio of 1.30.

L.B. Foster declared that its Board of Directors has approved a stock repurchase program on Tuesday, March 4th that permits the company to repurchase $40.00 million in outstanding shares. This repurchase authorization permits the basic materials company to buy up to 16.4% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of FSTR. MetLife Investment Management LLC increased its stake in shares of L.B. Foster by 129.1% in the third 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 period. BNP Paribas Financial Markets increased its position in L.B. Foster by 197.2% in the 4th quarter. BNP Paribas Financial Markets now owns 6,368 shares of the basic materials company’s stock worth $171,000 after buying an additional 4,225 shares during the period. Lazard Asset Management LLC acquired a new position in shares of L.B. Foster during the fourth quarter worth approximately $349,000. De Lisle Partners LLP boosted its position in shares of 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 valued at $961,000 after acquiring an additional 5,000 shares during the period. Finally, Hillsdale Investment Management Inc. acquired a new stake in shares of L.B. Foster in the fourth quarter worth $1,784,000. Institutional investors and hedge funds 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.