FSTR Stock Summary and Trading Ideas (L.B. Foster Company | NASDAQ:FSTR)

L.B. Foster Co is a us-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industries. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, cover boards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Technologies and Services segment.

L.B. Foster Company trades on the NASDAQ stock market under the symbol FSTR.

As of April 19, 2024, FSTR stock price declined to $24.15 with 31,715 million shares trading.

FSTR has a beta of 0.09, meaning it tends to be less sensitive to market movements. FSTR has a correlation of 0.00 to the broad based SPY ETF.

FSTR has a market cap of $265.69 million. This is considered a Small Cap stock.

Last quarter L.B. Foster Company reported $135 million in Revenue and -$.04 earnings per share. This beat revenue expectation by $6 million and missed earnings estimates by -$.05.

In the last 3 years, FSTR stock traded as high as $27.93 and as low as $9.00.

The top ETF exchange traded funds that FSTR belongs to (by Net Assets): VTI, VXF, AVUV, DFAT, DFAS.

FSTR has outperformed the market in the last year with a return of +118.2%, while the SPY ETF gained +21.2%. In the last 3 month period, FSTR beat the market returning +5.3%, while SPY returned +4.3%. However, in the most recent 2 weeks FSTR has underperformed the stock market by returning -9.4%, while SPY returned -3.5%.

FSTR support price is $23.76 and resistance is $24.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FSTR stock will trade within this expected range on the day.