Forterra, Inc. (FRTA)

Mar 18, 2021 - FRTA was delisted (reason: acquired by Quikrete)
24.00
0.93 (4.03%)
At close: Mar 17, 2022 4:00 PM
23.99
-0.01 (-0.04%)
After-hours:Mar 17, 2022 4:15 PM EDT
Market Cap1.64B
Revenue (ttm)1.86B
Net Income (ttm)116.32M
Shares Out68.20M
EPS (ttm)1.67
PE Ratio14.37
Forward PE12.59
Dividendn/a
Ex-Dividend Daten/a
Volume550,388
Open23.97
Previous Close23.07
Day's Range23.97 - 24.00
52-Week Range22.60 - 24.01
Beta2.19
AnalystsBuy
Price Target24.48 (+2.0%)
Earnings DateApr 26, 2022

About FRTA

Forterra, Inc., through its subsidiaries, manufactures and sells pipe and precast products in the United States, Canada, and Mexico. It operates through Drainage Pipe & Products; and Water Pipe & Products segments. The company offers concrete drainage pipes used for storm water applications, residential and non-residential site developments, sanitary sewers, low-pressure sewer force mains, tunneled systems, treatment plant piping, and utility tunnels; precast concrete products, including box culverts, utility vaults, manholes, drainage inlets, ...

IndustryConstruction Materials
IPO DateOct 20, 2016
CEOJeffrey Bradley
Employees4,824
Stock ExchangeNASDAQ
Ticker SymbolFRTA
Full Company Profile

Financial Performance

In 2021, Forterra's revenue was $1.86 billion, an increase of 16.54% compared to the previous year's $1.59 billion. Earnings were $116.32 million, an increase of 80.38%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for FRTA stock is "Buy." The 12-month stock price forecast is 24.48, which is an increase of 2.00% from the latest price.

Price Target
$24.48
(2.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Quikrete Completes Acquisition of Forterra, Inc.

IRVING, Texas, March 18, 2022 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra”) (NASDAQ:FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Easter...

2 months ago - GlobeNewsWire

Forterra Announces Fourth Quarter and Full Year 2021 Results

IRVING, Texas, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United ...

2 months ago - GlobeNewsWire

Forterra Announces Third Quarter 2021 Results

IRVING, Texas, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United ...

6 months ago - GlobeNewsWire

Forterra Announces Second Quarter 2021 Results

IRVING, Texas, July 28, 2021 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United ...

9 months ago - GlobeNewsWire

Forterra Announces Acquisition of Barbour Concrete Company

Expands Forterra's Reach into Growing Precast Markets Expands Forterra's Reach into Growing Precast Markets

10 months ago - GlobeNewsWire

Forterra Announces First Quarter 2021 Results

IRVING, Texas, April 28, 2021 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United...

1 year ago - GlobeNewsWire

Despite Fast-paced Momentum, Forterra (FRTA) Is Still a Bargain Stock

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Forterra (FRTA) could be a great choice. It is one of the several stocks that passed t...

1 year ago - Zacks Investment Research

5 Stocks to Tap Into the Booming US Housing Market

Migration to suburbs and low-populated areas is boosting housing market. This calls for investing in Louisiana-Pacific (LPX), Forterra (FRTA), KB Home (KBH), Lennar Corp (LEN) & M.D.C.

Other symbols:KBHLENLPXMDC
1 year ago - Zacks Investment Research

Is Forterra (FRTA) a Great Value Stock Right Now?

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 v...

1 year ago - Zacks Investment Research

One Year After the Pandemic Hit, Red Hot Construction Has Yet to Stabilize

There are some issues in the construction sector right now, but plenty of attractive plays as well.

Other symbols:NXOCUFPI
1 year ago - Zacks Investment Research

Concrete & Aggregates Industry to Thrive: 5 Stocks in Focus

Concrete & Aggregates Industry to Thrive: 5 Stocks in Focus

Other symbols:EXPMLMVMC
1 year ago - Zacks Investment Research

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Forterra, Inc. - FRTA

NEW YORK, Feb. 27, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Act...

1 year ago - PRNewsWire

Forterra (FRTA) Q4 Earnings and Revenues Top Estimates

Forterra (FRTA) delivered earnings and revenue surprises of 1750.00% and 1.04%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Forterra Announces Fourth Quarter and Full Year 2020 Results

IRVING, Texas, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United ...

1 year ago - GlobeNewsWire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Forterra, Inc. Buyout

WILMINGTON, Del., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Forterra, Inc. (“Forterra”) (NASDAQ GS: FRTA) regarding possible breaches of fiduciary duties a...

1 year ago - GlobeNewsWire

Moore Kuehn Encourages FRTA, CEI, AEGN, and ENBL Investors to Contact Law Firm

NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning...

Other symbols:CEI
1 year ago - GlobeNewsWire

SHAREHOLDER ALERT: WeissLaw LLP Investigates Forterra, Inc.

NEW YORK, Feb. 22, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Forterra, Inc. ("Forterra" or the "Comp...

1 year ago - PRNewsWire

Shareholder Alert: Ademi LLP Investigates whether Forterra, Inc. has obtained a Fair Price in its transaction with Qu...

MILWAUKEE, Feb. 22, 2021 /PRNewswire/ -- Ademi LLP is investigating Forterra (NASDAQ:FRTA) for possible breaches of fiduciary duty and other violations of law in its transaction with Quikrete. Click her...

1 year ago - PRNewsWire

Forterra to be taken private by Quikrete Holdings in $2.74 billion deal

Forterra Inc. FRTA, +5.17%, a maker of water and drainage infrastructure pipes and products in the U.S. and Eastern Canada, said Monday it has agreed to be taken private by Quikrete Holdings Inc. in an ...

1 year ago - Market Watch

Forterra Enters Into Definitive Agreement to Be Acquired by Quikrete

Forterra Shareholders to Receive $24.00 Per Share in Cash Forterra Shareholders to Receive $24.00 Per Share in Cash

1 year ago - GlobeNewsWire

Forterra (FRTA) Reports Next Week: Wall Street Expects Earnings Growth

Forterra (FRTA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

Forterra Announces Fourth Quarter 2020 Earnings Schedule

IRVING, Texas, Feb. 15, 2021 (GLOBE NEWSWIRE) -- Forterra, Inc. (“Forterra”) (NASDAQ: FRTA) plans to release its fourth quarter and full year 2020 financial results after the market close on Wednesday, ...

1 year ago - GlobeNewsWire

7 Cheap Stocks to Buy as Democrats Gain Control

The recent blue wave makes these cheap stocks look strong and likely to give great returns in the coming year. The post 7 Cheap Stocks to Buy as Democrats Gain Control   appeared first on InvestorPlace.

Other symbols:ERICEXPFSLRGMMAXN
1 year ago - InvestorPlace

Forterra (FRTA) Lags Q3 Earnings and Revenue Estimates

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?

1 year ago - Zacks Investment Research

Forterra Announces Third Quarter 2020 Results

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 ...

1 year ago - GlobeNewsWire