Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
How to buy Forterra stock | $23.38
Learn how to easily invest in Forterra stock.
Forterra, Inc is a building products & equipment business based in the US. Forterra shares (FRTA) are listed on the NASDAQ and all prices are listed in US Dollars. Forterra employs 4,581 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Forterra
- Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – FRTA – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Forterra stock price (NASDAQ: FRTA)Use our graph to track the performance of FRTA stocks over time.
Forterra shares at a glance
|Latest market close||$23.38|
|52-week range||$10.47 - $23.95|
|50-day moving average||$23.52|
|200-day moving average||$22.80|
|Wall St. target price||$23.00|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$1.53|
Buy Forterra shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Forterra stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Forterra price performance over time
|1 week (2021-07-20)||N/A|
|1 month (2021-07-01)||-0.34%|
|3 months (2021-04-30)||-0.34%|
|6 months (2021-01-27)||N/A|
|1 year (2020-07-27)||N/A|
|2 years (2019-07-27)||N/A|
|3 years (2018-07-27)||N/A|
|5 years (2016-07-27)||N/A|
Is Forterra under- or over-valued?
Valuing Forterra stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Forterra's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Forterra's P/E ratio
Forterra's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Forterra shares trade at around 15x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Forterra's PEG ratio
Forterra's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.54. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Forterra's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Forterra's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $282.1 million.
The EBITDA is a measure of a Forterra's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$1.7 billion|
|Operating margin TTM||11.57%|
|Gross profit TTM||$376.7 million|
|Return on assets TTM||6.94%|
|Return on equity TTM||54.34%|
|Market capitalisation||$1.6 billion|
TTM: trailing 12 months
Shorting Forterra shares
There are currently 2.0 million Forterra shares held short by investors – that's known as Forterra's "short interest". This figure is 8.7% down from 2.2 million last month.
There are a few different ways that this level of interest in shorting Forterra shares can be evaluated.
Forterra's "short interest ratio" (SIR)
Forterra's "short interest ratio" (SIR) is the quantity of Forterra shares currently shorted divided by the average quantity of Forterra shares traded daily (recently around 260380.05181347). Forterra's SIR currently stands at 7.72. In other words for every 100,000 Forterra shares traded daily on the market, roughly 7720 shares are currently held short.
However Forterra's short interest can also be evaluated against the total number of Forterra shares, or, against the total number of tradable Forterra shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Forterra's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Forterra shares in existence, roughly 30 shares are currently held short) or 0.0667% of the tradable shares (for every 100,000 tradable Forterra shares, roughly 67 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Forterra.
Find out more about how you can short Forterra stock.
Forterra share dividends
We're not expecting Forterra to pay a dividend over the next 12 months.
Forterra share price volatility
Over the last 12 months, Forterra's shares have ranged in value from as little as $10.47 up to $23.95. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Forterra's is 2.4597. This would suggest that Forterra's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Forterra, Inc. 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. It provides box culverts, utility vaults, manholes, drainage inlets, and pipe end sections used for roadway and airport drainage, storm water management, utility construction, and water treatment and filtration systems; and architectural panels for buildings, modular railroad crossings, retaining wall and storm water treatment systems, highway noise barriers, and concrete vaults that are used to house dry or wet utilities. The company offers hollow-core planks, prestressed bridge girders, beams, columns, wall panels, stairs, garage floors, and architectural claddings for infrastructure and non-residential applications; and precast concrete bridge girders for highway projects. It provides precast concrete foundation to support prefabricated shelters or equipment buildings; precast product that consolidates and protects underground electrical and communication cables; and storm water technologies for storm water management market.
Stocks similar to Forterra
Forterra in the news
Forterra Announces Second Quarter 2021 Results
Forterra: Q2 Earnings Snapshot
Forterra Announces Second Quarter 2021 Results
Frequently asked questionsWhat percentage of Forterra is owned by insiders or institutions?
Currently 2.695% of Forterra shares are held by insiders and 98.05% by institutions. How many people work for Forterra?
Latest data suggests 4,581 work at Forterra. When does the fiscal year end for Forterra?
Forterra's fiscal year ends in December. Where is Forterra based?
Forterra's address is: 511 East John Carpenter Freeway, Irving, TX, United States, 75062 What is Forterra's ISIN number?
Forterra's international securities identification number is: US34960W1062 What is Forterra's CUSIP number?
Forterra's Committee on Uniform Securities Identification Procedures number is: 34960W106
More guides on Finder
How to buy Argus Capital Corp (ARGU) stock when it goes public
Everything we know about the Argus Capital Corp IPO, plus information on how to buy in.
How to buy RenovoRx (RNXT) stock when it goes public
Everything we know about the RenovoRx IPO, plus information on how to buy in.
How to buy Draganfly (DPRO) stock when it goes public
Everything we know about the Draganfly IPO, plus information on how to buy in.
How to buy Society Pass Incorporated (SOPA) stock when it goes public
Everything we know about the Society Pass Incorporated IPO, plus information on how to buy in.
How to buy Guardforce AI Co (GFAI) stock when it goes public
Everything we know about the Guardforce AI Co IPO, plus information on how to buy in.
How to buy IsoPlexis Corporation (ISO) stock when it goes public
Everything we know about the IsoPlexis Corporation IPO, plus information on how to buy in.
How to buy Marpai (MRAI) stock when it goes public
Everything we know about the Marpai IPO, plus information on how to buy in.
How to buy DoubleDown Interactive (DDI) stock when it goes public
Everything we know about the DoubleDown Interactive IPO, plus information on how to buy in.
How to buy Omniq Corp (OMQS) stock when it goes public
Everything we know about the Omniq Corp IPO, plus information on how to buy in.
How to buy Mechanical Technology (MKTYP) stock when it goes public
Everything we know about the Mechanical Technology IPO, plus information on how to buy in.
Ask an Expert