L.B. Foster traded at $42.40 this Friday July 24th, decreasing $0.31 or 0.73 percent since the previous trading session. Looking back, over the last four weeks, L.B. Foster lost 5.02 percent. Over the last 12 months, its price rose by 72.15 percent. Looking ahead, we forecast L.B. Foster to be priced at 41.51 by the end of this quarter and at 38.93 in one year, according to Trading Economics global macro models projections and analysts expectations.
L.B. Foster Company (Foster) provides products and services for the rail industry and solutions to support critical infrastructure projects. The Company’s engineering and product development solutions addresses its customers’ requirements. The Company maintains locations in North America, South America, Europe, and Asia. The Company is organized and operates in two business segments: Rail Technologies and Services (Rail) and Infrastructure Solutions. The Rail segment is comprised of manufacturing and distribution businesses that provide a variety of products and services for freight and passenger railroads and industrial companies throughout the world. The Infrastructure Solutions segment is composed of precast concrete products, fabricated bridge, protective coating, threading, and precision measurement offerings across North America.