Media stories about Foundation Building Materials (NYSE:FBM) have been trending somewhat positive on Friday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Foundation Building Materials earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.0079711888016 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Foundation Building Materials (FBM) opened at $16.00 on Friday. The company has a market capitalization of $685.85 and a P/E ratio of -123.08. The company has a debt-to-equity ratio of 2.02, a quick ratio of 1.82 and a current ratio of 2.63. Foundation Building Materials has a one year low of $11.03 and a one year high of $17.91.

Foundation Building Materials (NYSE:FBM) last released its earnings results on Tuesday, November 7th. The company reported $0.08 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.08. The company had revenue of $535.40 million during the quarter, compared to analysts’ expectations of $535.81 million. Foundation Building Materials had a negative return on equity of 2.98% and a negative net margin of 0.11%. Foundation Building Materials’s revenue for the quarter was up 28.8% on a year-over-year basis. sell-side analysts anticipate that Foundation Building Materials will post 0.17 earnings per share for the current year.

A number of research firms have weighed in on FBM. Barclays set a $19.00 price target on Foundation Building Materials and gave the stock a “buy” rating in a report on Sunday, January 7th. Zacks Investment Research upgraded Foundation Building Materials from a “sell” rating to a “hold” rating in a report on Tuesday, September 19th. Royal Bank of Canada restated a “buy” rating and issued a $15.00 price target on shares of Foundation Building Materials in a report on Tuesday, October 10th. Finally, Robert W. Baird restated a “hold” rating and issued a $15.00 price target on shares of Foundation Building Materials in a report on Monday, October 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $18.71.

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Foundation Building Materials Company Profile

Foundation Building Materials, Inc is a specialty distributor of wallboard and suspended ceiling systems in the United States and Canada. The Company’s segments include Specialty Building Products and Mechanical Insulation. The Company fabricates and distributes its products for specialty contractors seeking to improve or maintain energy efficiency in a range of commercial and industrial buildings.

Insider Buying and Selling by Quarter for Foundation Building Materials (NYSE:FBM)

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