NASDAQ:FRTA - Forterra Stock Price, Forecast & News
Adding Forterra Inc
Forterra, Inc manufactures and sells pipe and precast products the United States, Canada, and Mexico. It operates through Drainage Pipe & Products; and Water Pipe & Products segments. It offers concrete drainage pipes used for storm water applications, residential and non-residential site developments, sanitary sewers, low-pressure sewer force mains, tunneled systems, treatment plant piping, and utility tunnels. Read More…
Industry Concrete products, not elsewhere classified
Current SymbolNASDAQ:FRTA
Webhttp://www.forterrabp.com/
Debt-to-Equity Ratio11.46
Book Value$1.69 per share
Net Income$-24,360,000.00
Net Margins-1.10%
Return on Assets-0.90%
Next Earnings Date3/9/2020 (Estimated)
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NASDAQ:FRTA Rates by TradingView
Forterra (NASDAQ:FRTA) Frequently Asked Questions
What is Forterra's stock symbol?
Forterra trades on the NASDAQ under the ticker symbol "FRTA."
How were Forterra's earnings last quarter?
Forterra Inc (NASDAQ:FRTA) announced its quarterly earnings results on Monday, November, 4th. The construction company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.12 by $0.23. The construction company had revenue of $464.50 million for the quarter, compared to the consensus estimate of $439.68 million. Forterra had a negative return on equity of 15.65% and a negative net margin of 1.10%. The company's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.09 earnings per share. View Forterra's Earnings History.
When is Forterra's next earnings date?
Forterra is scheduled to release their next quarterly earnings announcement on Monday, March 9th 2020. View Earnings Estimates for Forterra.
What price target have analysts set for FRTA?
6 analysts have issued 1-year price objectives for Forterra's shares. Their forecasts range from $5.50 to $16.00. On average, they expect Forterra's stock price to reach $10.58 in the next twelve months. This suggests that the stock has a possible downside of 23.5%. View Analyst Price Targets for Forterra.
What is the consensus analysts' recommendation for Forterra?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forterra in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Forterra.
Has Forterra been receiving favorable news coverage?
Media headlines about FRTA stock have trended very positive on Wednesday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Forterra earned a media sentiment score of 3.3 on InfoTrie's scale. They also assigned media coverage about the construction company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the next several days. View News Stories for Forterra.
Are investors shorting Forterra?
Forterra saw a decrease in short interest during the month of January. As of January 15th, there was short interest totalling 3,310,000 shares, a decrease of 13.1% from the December 31st total of 3,810,000 shares. Based on an average trading volume of 351,800 shares, the short-interest ratio is currently 9.4 days. Currently, 18.1% of the company's shares are short sold. View Forterra's Current Options Chain.
Who are some of Forterra's key competitors?
Some companies that are related to Forterra include IMI PLC/S (IMIAY), KB Home (KBH), Universal Forest Products (UFPI), Potlatchdeltic (PCH), Advanced Drainage Systems (WMS), AAON (AAON), Taylor Morrison Home (TMHC), Grafton Group (GROUF), M.D.C. (MDC), Fluor Co. (NEW) (FLR), ABM Industries (ABM), Altair Engineering (ALTR), Meritage Homes (MTH), Jeld-Wen (JELD) and Summit Materials (SUM).
What other stocks do shareholders of Forterra own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Forterra investors own include Intelsat (I), Cleveland-Cliffs (CLF), Bank of America (BAC), Babcock & Wilcox Enterprises (BW), Advanced Micro Devices (AMD), Fossil Group (FOSL), Ultra Clean (UCTT), AMC Entertainment (AMC), Ciena (CIEN) and Amarin (AMRN).
Who are Forterra's key executives?
Forterra's management team includes the folowing people:
Mr. Jeffrey K. Bradley, Pres, CEO & Director (Age 59)
Ms. Lori M. Browne, Exec. VP, Gen. Counsel & Sec. (Age 44)
Mr. Charlie L. Ward, Sr. VP and Gen. Mang. of Bricks (Age 57)
Mr. Charles R. Brown II, Exec. VP & CFO (Age 55)
Mr. William Kerfin, Pres of Water Pipe & Products (Age 51)
When did Forterra IPO?
(FRTA) raised $368 million in an initial public offering (IPO) on Thursday, October 20th 2016. The company issued 18,400,000 shares at a price of $19.00-$21.00 per share. Goldman Sachs, Citigroup, Credit Suisse, Barclays, Deutsche Bank Securities and RBC Capital Markets acted as the underwriters for the IPO and Oppenheimer, Stephens and SunTrust Robinson Humphrey were co-managers.
Who are Forterra's major shareholders?
Forterra's stock is owned by many different of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.30%), California Public Employees Retirement System (0.10%), Valeo Financial Advisors LLC (0.03%) and Comprehensive Portfolio Management LLC (0.02%). Company insiders that own Forterra stock include Charles Rodney Brown, Clinton D Mcdonnough, Jeff Bradley, Karl Watson, Lori M Browne and Vikrant Bhatia. View Institutional Ownership Trends for Forterra.
Which institutional investors are selling Forterra stock?
FRTA stock was sold by a variety of institutional investors in the last quarter, including Valeo Financial Advisors LLC and California Public Employees Retirement System. View Insider Buying and Selling for Forterra.
Which institutional investors are buying Forterra stock?
FRTA stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Comprehensive Portfolio Management LLC. Company insiders that have bought Forterra stock in the last two years include Charles Rodney Brown, Clinton D Mcdonnough, Jeff Bradley, Karl Watson, Lori M Browne and Vikrant Bhatia. View Insider Buying and Selling for Forterra.
How do I buy shares of Forterra?
Shares of FRTA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Forterra's stock price today?
One share of FRTA stock can currently be purchased for approximately $13.84.
How big of a company is Forterra?
Forterra has a market capitalization of $895.72 million and generates $1.48 billion in revenue each year. The construction company earns $-24,360,000.00 in net income (profit) each year or ($0.44) on an earnings per share basis. Forterra employs 4,672 workers across the globe.View Additional Information About Forterra.
What is Forterra's official website?
The official website for Forterra is http://www.forterrabp.com/.
How can I contact Forterra?
Forterra's mailing address is 511 E. JOHN CARPENTER FREEWAY 6TH FLOOR, IRVING TX, 75062. The construction company can be reached via phone at 469-458-7973 or via email at [email protected]
MarketBeat Community Rating for Forterra (NASDAQ FRTA)
MarketBeat's community ratings are surveys of what our community members think about Forterra and other stocks. Vote "Outperform" if you believe FRTA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FRTA will underperform the S&P 500 over the long term. You may vote once every thirty days.