Forterra, Inc. (FRTA) News
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Latest FRTA News From Around the Web
Below are the latest news stories about Forterra Inc that investors may wish to consider to help them evaluate FRTA as an investment opportunity.
RBC Capital Stick to Their Buy Rating for Forterra Inc
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Upgrades * According to Truist Securities, the prior rating for Fox Factory Holding Corp (NASDAQ:FOXF) was changed from Hold to Buy. In the third quarter, Fox Factory Hldg showed an EPS of $1.07, compared to $0.83 from the year-ago quarter. The current stock performance of Fox Factory Hldg shows a 52-week-high of $113.41 and a 52-week-low of $34.58. Moreover, at the end of the last trading period, the closing price was at $102.14. * Northcoast Research upgraded the previous rating for ManpowerGroup Inc (NYSE:MAN) from Neutral to Buy. For the third quarter, ManpowerGroup had an EPS of $1.20, compared to year-ago quarter EPS of $1.92. At the moment, the stock has a 52-week-high of $100.99 and a 52-week-low of $49.57. ManpowerGroup closed at $90.35 at the end of the last trading period....
In this article, we present the list of the 10 best construction materials stocks to buy right now. Click to skip ahead and see the top 5 construction materials stocks to buy now. The construction material industry consists of a wide range of companies involved in the mining, quarrying, and processing of raw material used […]
Forterra (FRTA) delivered earnings and revenue surprises of -16.00% and -3.37%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
IRVING, Texas, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced results for the quarter ended September 30, 2020. Third Quarter 2020 Highlights and Recent Developments * Increased gross profit by 23.7% to $126.3 million as compared to $102.1 million in the prior year quarter and improved gross profit margin by 560 basis points year-over-year * Net income increased by 28.6% to $28.8 million compared to $22.4 million in the prior year quarter * Increased Adjusted EBITDA1 by 23.8% to $99.0 million as compared to $80.0 million in the prior year quarter, and Adjusted EBITDA margin1 improved by 440 basis points...
BNP Paribas upgraded shares of Forterra (NASDAQ:FRTA) from a neutral rating to an outperform rating in a report published on Wednesday morning, Stock Target Advisor reports. FRTA has been the subject of several other reports. BidaskClub raised shares of Forterra from a hold rating to a buy rating in a research report on Friday, October […]
BNP Paribas upgraded shares of Forterra (NASDAQ:FRTA) from a neutral rating to an outperform rating in a report issued on Wednesday morning, Stock Target Advisor reports. Several other research firms have also recently commented on FRTA. Deutsche Bank Aktiengesellschaft started coverage on Forterra in a research note on Thursday, September 24th. They issued a buy […]
Exane BNP Paribas upgraded shares of Forterra (NASDAQ:FRTA) from a neutral rating to an outperform rating in a report released on Wednesday morning, The Fly reports. Other analysts also recently issued research reports about the stock. Zacks Investment Research downgraded shares of Forterra from a buy rating to a hold rating in a research report […]
Forterra (NASDAQ:FRTA) was upgraded by equities researchers at BNP Paribas from a “neutral” rating to an “outperform” rating in a research note issued on Wednesday, Stock Target Advisor reports. A number of other analysts also recently weighed in on the stock. Exane BNP Paribas raised shares of Forterra from a “neutral” rating to an “outperform” […]