FSTR L.B. Foster
L.B. Foster Co. engages in the manufacture, fabrication, and distribution of products and services for the transportation and energy infrastructure. It operates through the following segments: Rail Products and Services; Construction Products; and Tubular and Energy Services. The Rail Products and Services segment comprises of manufacturing and distribution businesses that provide a variety of products and services for freight and passenger railroads and industrial companies. The Construction Products segment offers piling, fabricated bridge, and precast concrete products. The Tubular and Energy Services segment includes products and services predominantly for the mid and upstream oil and gas markets. The company was founded by Lee B. Foster in 1902 and is headquartered in Pittsburgh, PA.
Company profile
Ticker
FSTR
Exchange
Website
CEO
Robert Bauer
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
251324733
SEC advisor number
801-38507
FINRA CRD number
107148
AUM ?
$2.02B
(as of 27 Mar 19)
Accounts
4,081
(as of 27 Mar 19)
Employees
54
(25 investment advisory or research)
Address
L.B. Foster
415 HOLIDAY DR
PITTSBURGH
PA 15220
415 HOLIDAY DR
PITTSBURGH
PA 15220
Phone
4129283431
FSTR stock data
()
News
Mid-Day Market Update: Pro-Dex Rises After Q3 Results; Orphazyme Shares Slide
7 May 21
11 Industrials Stocks Moving In Monday's After-Market Session
3 May 21
Recap: L.B. Foster Q1 Earnings
3 May 21
L.B. Foster Q1 EPS $(0.12) Misses $(0.06) Estimate, Sales $116.10M Miss $118.60M Estimate
3 May 21
Earnings Scheduled For May 3, 2021
3 May 21
Press releases
L.B. Foster Provides Infrastructure Materials for the Sabine Pass LNG Export Facility Expansion Contract
4 Jun 21
L.B. Foster Company to Present at UBS Global Industrials and Transportation Virtual Conference on June 9, 2021
2 Jun 21
L.B. Foster Awarded $14 Million Newburgh-Beacon North Span Bridge Rehabilitation Contract
21 May 21
L.B. Foster Co. to Host Earnings Call
4 May 21
L.B. Foster Reports First Quarter Operating Results
3 May 21
Calendar
5 May 21
14 Jun 21
31 Dec 21
Financial summary
Quarter (USD) |
Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
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Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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| Diluted EPS |
Financial data from L.B. Foster earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 5.02M | 5.02M | 5.02M | 5.02M | 5.02M | 5.02M |
| Cash burn (monthly) | 849.67K | 116.92K | 530.33K | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 2.1M | 288.4K | 1.31M | n/a | n/a | n/a |
| Cash remaining | 2.92M | 4.73M | 3.71M | n/a | n/a | n/a |
| Runway (months of cash) | 3.4 | 40.4 | 7.0 | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 27 May 21 | Foster Lee B Ii | Common Stock | Grant | Aquire A | No | No | 17.87 | 4,197 | 75K | 45,067 |
| 27 May 21 | Owen Diane B | Common Stock | Grant | Aquire A | No | No | 17.87 | 4,197 | 75K | 56,926 |
| 27 May 21 | Betler Raymond T | Common Stock | Grant | Aquire A | No | No | 17.87 | 420 | 7.51K | 11,167 |
| 27 May 21 | Betler Raymond T | Common Stock | Grant | Aquire A | No | No | 17.87 | 4,197 | 75K | 10,747 |
| 27 May 21 | Junge Dirk | Common Stock | Grant | Aquire A | No | No | 17.87 | 4,197 | 75K | 22,630 |
| 27 May 21 | Purgason Robert S | Common Stock | Grant | Aquire A | No | No | 17.87 | 4,197 | 75K | 51,584 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
66.6% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 90 |
| Opened positions | 15 |
| Closed positions | 4 |
| Increased positions | 29 |
| Reduced positions | 31 |
13F shares |
Current |
|---|---|
| Total value | 224.98M |
| Total shares | 7.19M |
| Total puts | 200 |
| Total calls | 100K |
| Total put/call ratio | 0.0 |
Largest owners |
Shares | Value |
|---|---|---|
| BLK Blackrock | 702.85K | $12.58M |
| Dimensional Fund Advisors | 675.04K | $12.11M |
| Renaissance Technologies | 649.03K | $11.62M |
| 22NW | 468.75K | $8.39M |
| Vanguard | 436.81K | $7.82M |
| Rutabaga Capital Management | 344.59K | $6.17M |
| AMP Ameriprise Financial | 331.53K | $5.93M |
| GBL Gamco Investors | 315.53K | $5.65M |
| Legion Partners Asset Management | 281.92K | $5.05M |
| STT State Street | 172.44K | $3.09M |
Financial report summary
?Management Discussion
- The Rail Technologies and Services segment sales for the three months ended March 31, 2021 decreased by $3,972, or 5.7%, compared to the prior year quarter. The sales decline was primarily driven by the Rail Products business unit, which decreased by $4,091, or 8.5%, due primarily to the timing of deliveries and customer and weather-related delays. Partially offsetting the sales decline was the Rail Technologies business, which increased by $117, or 0.5%, from the prior year. This was primarily related to the increase in demand for our friction management consumables and services resulting from increased rail traffic as certain COVID-19 restrictions were eased. The Company was pleased with the strong sales volumes in the month of March leading into the second quarter, which accounted for 48.0% of overall segment revenue for the first quarter.
Content analysis
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H.S. freshman Avg
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New words:
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Removed:
added, adjustment, amortized, announced, applied, Boise, capitalization, carefully, CECL, cloud, collected, compensate, computing, Contractual, core, Crossrail, crude, declared, deem, delayed, derivative, designated, deteriorated, deteriorating, discussed, Disease, distributor, division, downtime, DSO, duration, efficiency, eliminated, emergency, enacted, enhanced, enter, entering, entity, essential, exploration, exposed, exposure, failure, full, fully, guidance, hedged, hold, ID, immaterial, implement, important, ineffective, led, maintain, manufacturer, minimal, model, movement, negatively, opening, perfectly, Port, Prevention, proposal, recommended, reducing, region, repatriated, retained, retrospective, satisfy, schedule, scheduled, scope, serving, sharply, size, Software, spread, standby, Tabular, threshold, trading, typically, uncollectable, unfavorably, view, weakening, workforce
Financial reports
10-Q
2021 Q1
Quarterly report
5 May 21
10-K
2020 FY
Annual report
3 Mar 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
5 Aug 20
10-Q
2020 Q1
Quarterly report
6 May 20
10-K
2019 FY
Annual report
27 Feb 20
10-Q
2019 Q3
Quarterly report
30 Oct 19
10-Q
2019 Q2
Quarterly report
31 Jul 19
10-Q
2019 Q1
Quarterly report
10 May 19
10-K
2018 FY
Annual report
18 Mar 19
Current reports
8-K
Submission of Matters to a Vote of Security Holders
28 May 21
8-K
L.B. Foster Reports First Quarter Operating Results
3 May 21
8-K
L.B. Foster Reports Fourth Quarter and Full Year 2020 Operating Results
2 Mar 21
8-K
L.B. Foster Realigns Business Structure for Future Growth Strategies
15 Feb 21
8-K
Departure of Directors or Certain Officers
10 Feb 21
8-K
Entry into a Material Definitive Agreement
4 Feb 21
8-K
L.B. Foster Reports Third Quarter Operating Results
4 Nov 20
8-K
L.B. Foster Announces Sale of IOS Test & Inspection Services Business
9 Sep 20
8-K
L.B. Foster Reports Second Quarter Operating Results
4 Aug 20
8-K
L.B. Foster Announces the Appointment of Raymond T. Betler to Its Board of Directors
3 Aug 20
Registration and prospectus
15-12G
Securities registration termination
2 Nov 18
S-8
Registration of securities for employees
1 Aug 18
S-8
Registration of securities for employees
1 Aug 18
S-8
Registration of securities for employees
20 Dec 17
S-8
Registration of securities for employees
31 May 16
S-8
Registration of securities for employees
30 Dec 15
S-8
Registration of securities for employees
14 Mar 12
SC TO-T/A
Third party tender offer statement (amended)
22 Dec 10
SC TO-T/A
Third party tender offer statement (amended)
21 Dec 10
SC TO-T/A
Third party tender offer statement (amended)
15 Dec 10
Proxies
DEFA14A
Additional proxy soliciting materials
15 Apr 21
DEF 14A
Definitive proxy
15 Apr 21
DEFA14A
Additional proxy soliciting materials
11 May 20
DEFA14A
Additional proxy soliciting materials
16 Apr 20
DEF 14A
Definitive proxy
16 Apr 20
DEFA14A
Additional proxy soliciting materials
11 Apr 19
DEF 14A
Definitive proxy
11 Apr 19
DEF 14A
Definitive proxy
11 Apr 18
DEFA14A
Additional proxy soliciting materials
11 Apr 18
DEF 14A
Definitive proxy
11 Apr 17
Other
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
24 May 19
UPLOAD
Letter from SEC
17 Oct 18
CORRESP
Correspondence with SEC
15 Oct 18
UPLOAD
Letter from SEC
3 Oct 18
SD
Conflict minerals disclosure
25 May 18
SD
Conflict minerals disclosure
25 May 17
UPLOAD
Letter from SEC
18 Aug 16
CORRESP
Correspondence with SEC
9 Aug 16
Ownership
4
FOSTER L B / WILLIAM H RACKOFF ownership change
1 Jun 21
4
FOSTER L B / Bradley Vizi ownership change
1 Jun 21
4
FOSTER L B / Suzanne B Rowland ownership change
1 Jun 21
4
FOSTER L B / Robert S Purgason ownership change
1 Jun 21
4
FOSTER L B / DIRK JUNGE ownership change
1 Jun 21
4
FOSTER L B / Raymond T Betler ownership change
1 Jun 21
4
FOSTER L B / DIANE B OWEN ownership change
1 Jun 21
4
FOSTER L B / LEE B FOSTER II ownership change
1 Jun 21
SC 13D/A
FOSTER L B / GAMCO INVESTORS, INC. ET AL ownership change
26 May 21
SC 13D/A
FOSTER L B / Legion Partners Asset Management ownership change
12 Mar 21
Patents
GRANT
Design
Direct fixation fastener
5 Oct 20
Inventors: Sheenfar S. Fong
GRANT
Utility
Direct fixation fastener
24 Aug 20
A bonded, direct fixation fastener as supportive structure for a rail on a railroad bed comprising: a substantially rectangular rail plate, wherein the rail plate has a generally horizontal center portion having a lower face and an upper face and wherein the rail plate defines an outer perimeter having a face defining a first angle to the railroad bed, the rail plate having attachment means to attach to the rail; a substantially rectangular bottom member defines an inner perimeter having a face defining a second angle to the railroad bed; and a substantially rectangular elastomeric portion disposed between, and bonded to each of, the outer perimeter and face of the rail plate and the inner perimeter and face of the bottom member.
GRANT
Utility
Stray current sensor
17 Aug 20
A sensor for detecting electrical current on an insulating element of a rail system, comprising: at least one electrically conductive lead or wire for attaching the sensor to the insulating element; an energy harvester for harvesting electric current transmitted from the insulating element to the energy harvester via the lead; a microprocessor circuit including a capacitor wherein the capacitor is charged by energy harvested by the energy harvester; and a transmitter for wirelessly transmitting RF signals indicative of the detected current; wherein the microprocessor and transmitter are powered by the energy from the capacitor.
APP
Utility
Adhesion Enhancement Compositions
1 Apr 20
A composition for increasing adhesion between two surfaces that are in traction, sliding or rolling-sliding contact with each other is provided.
Transcripts
2020 Q4
Earnings call transcript
3 Mar 21
2020 Q3
Earnings call transcript
5 Nov 20
2020 Q2
Earnings call transcript
8 Aug 20
2020 Q1
Earnings call transcript
9 May 20
2019 Q4
Earnings call transcript
25 Feb 20
2019 Q3
Earnings call transcript
29 Oct 19
2019 Q2
Earnings call transcript
31 Jul 19
2019 Q1
Earnings call transcript
10 May 19
2018 Q4
Earnings call transcript
18 Mar 19
2018 Q3
Earnings call transcript
1 Nov 18
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