LB Foster (FSTR, Financial) shares experienced a significant surge, jumping 5.39%. The stock is now priced at $21.52 per share with a trading volume of 17,655 shares, representing a turnover rate of 0.16% and a price fluctuation of 5.48%.
Recent financial reports reveal LB Foster's robust financial standing, with revenue totaling $137 million and a net profit of $35.91 million. The company reported earnings per share (EPS) of $3.35 and a gross profit of $31.61 million, resulting in a price-to-earnings (P/E) ratio of 5.51.
Despite the stock's strong performance, there are currently no institutional ratings suggesting a buy, hold, or sell for LB Foster.
Within the railway sector, LB Foster was among the top performers, with the overall industry seeing a modest increase of 0.09%. Notable stocks in the sector include Rail Vision Ltd. and Freightcar America, Inc., which also experienced significant gains. Active stocks in terms of turnover included Rail Vision Ltd., Freightcar America, Inc., and CSX Transportation, with notable volatility observed in Rail Vision Ltd. C/Wts, Rail Vision Ltd., and Freightcar America, Inc.
LB Foster, based in the United States, specializes in manufacturing and distributing products and services for the railroad, construction, energy, and utility industries. The company operates through three main divisions: Rail Technologies and Services, Precast Concrete Products, and Steel Products and Measurement. Its core activities include providing new and used rail, trackwork, producing concrete railroad ties, insulation joints, power rail, track fasteners, cover plates, and selling and leasing steel piles for foundational and land retention needs. The majority of its revenue stems from the Rail Technologies and Services division.
