L.B. Foster Company (Nasdaq:FSTR) designs and manufactures products for transportation and energy infrastructure markets. Its products include rail and trackwork, construction products, and tubular products. The company has a broad product portfolio and serves a variety of markets, which helps to diversify their revenue streams.
Comps: Park-Ohio Holdings Corp. (Nasdaq:PKOH), Markforged Holding Corporation (NYSE:MKFG)
When looking at similar businesses, L.B. Foster Company distinguishes itself in a key area, generating significantly higher revenue. The company’s revenue surpasses that of its competitors, providing a strong foundation for future growth. Despite recording negative earnings, the company’s robust sales performance remains a significant asset.