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How to buy Forterra stock in Canada | $23.38
Own Forterra shares in just a few minutes.
Forterra is a building products & equipment business based in the US. Forterra stocks (FRTA.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $23.51 – an increase of 0.21% over the previous week. Forterra employs 4,581 staff and has a trailing 12-month revenue of around $1.6 billion.
How to buy Forterra stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: FRTA in this case.
- Research Forterra stocks. The platform should provide the latest information available.
- Buy your Forterra stocks. It's that simple.
What's in this guide?
- Can I buy shares in Forterra?
- Has coronavirus impacted Forterra shares?
- Forterra shares summary
- Compare share dealing platforms
- Is Forterra stock a buy or sell?
- Forterra performance over time
- Can I short Forterra shares?
- Are Forterra shares over-valued?
- Forterra's financials
- How volatile are Forterra shares?
- Does Forterra pay a dividend?
- Other common questions
How has Coronavirus impacted Forterra's stock price?
Since the stock market crash in March caused by coronavirus, Forterra's stock price has had significant positive movement.
Its last market close was $23.38, which is 34.26% up on its pre-crash value of $15.37 and 577.68% up on the lowest point reached during the March crash when the stocks fell as low as $3.45.
If you had bought $1,000 worth of Forterra stocks at the start of February 2020, those stocks would have been worth $299.45 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,786.00.
Forterra stock priceUse our graph to track the performance of FRTA stocks over time.
Forterra stocks at a glance
|Latest market close||$23.38|
|52-week range||$10.47 - $23.95|
|50-day moving average||$23.5066|
|200-day moving average||$22.6063|
|Wall St. target price||$23|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$1.4|
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Note: The dollar amounts in the table below are in Canadian dollars.
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.
Forterra price performance over time
|1 month (2021-06-25)||-0.55%|
|3 months (2021-04-26)||-0.30%|
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 17x. In other words, Forterra stocks trade at around 17x 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 stocks 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 stocks offer better value, while a higher ratio can be interpreted as meaning the stocks 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 stock prices of multiple high-growth companies.
Forterra's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$270.8 million.
The EBITDA is a measure of a Forterra's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.6 billion|
|Operating margin TTM||11.23%|
|Gross profit TTM||USD$376.7 million|
|Return on assets TTM||6.31%|
|Return on equity TTM||61.11%|
|Market capitalisation||USD$1.6 billion|
TTM: trailing 12 months
How to short and sell Forterra stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "FRTA.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 2.2 million Forterra stocks held short by investors – that's known as Forterra's "short interest". This figure is 6.3% down from 2.4 million last month.
There are a few different ways that this level of interest in shorting Forterra stocks can be evaluated.
Forterra's "short interest ratio" (SIR)
Forterra's "short interest ratio" (SIR) is the quantity of Forterra stocks currently shorted divided by the average quantity of Forterra stocks traded daily (recently around 316732.6618705). Forterra's SIR currently stands at 6.95. In other words for every 100,000 Forterra stocks traded daily on the market, roughly 6950 stocks are currently held short.
However Forterra's short interest can also be evaluated against the total number of Forterra stocks, or, against the total number of tradable Forterra stocks (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 stocks (for every 100,000 Forterra stocks in existence, roughly 30 stocks are currently held short) or 0.0733% of the tradable stocks (for every 100,000 tradable Forterra stocks, roughly 73 stocks are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the stock price, with fewer people currently willing to bet against Forterra.
Find out more about how you can short Forterra stock.
Forterra stock dividends
We're not expecting Forterra to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Forterra stock price volatility
Over the last 12 months, Forterra's stocks 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 stocks 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 stocks 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. The company offers ductile iron pipes for transmission and distribution of potable and waste water, and smaller diameter applications; concrete pressure pipes for water transmission and distribution, power plant cooling water lines, sewage force mains for waste and storm water, and other various applications; and prestressed concrete and bar-wrapped concrete pipes. It serves construction contractors, developers, utility companies and contractors, municipalities, and waterworks distributors and contractors through distributors. The company was founded in 1899 and is headquartered in Irving, Texas.
Stocks similar to Forterra
Forterra in the news
Forterra Announces Acquisition of Barbour Concrete Company
Forterra Announces Acquisition of Barbour Concrete Company
Forterra acquires Barbour Concrete Company, terms not disclosed
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