TheScreener - Forterra Inc. (FRTA) FORTERRA sees an upgrade to Positive due to a better fundamental star rating

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FORTERRA sees an upgrade to Positive due to a better fundamental star rating

The general evaluation of FORTERRA (US), a company active in the Building Materials & Fixtures industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date December 7, 2021, the closing price was USD 23.84 and its potential was estimated at USD 26.38.

08/12/2021 1 EN

Underlying

Forterra Inc.

Forterra is a holding company. Through its subsidiaries, the company is a manufacturer of pipe and precast products in the U.S. and Eastern Canada for a variety of water-related infrastructure applications, including water transmission, distribution and drainage. The company's operations are organized into the following reportable segments: Drainage Pipe and Products; and Water Pipe and Products. The Drainage Pipe and Products segment manufactures drainage pipe and precast products in the U.S. and Eastern Canada. The Water Pipe and Products segment manufactures a number of products used for the transmission of potable water and wastewater.

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US34960W1062 NASDAQ Stock Market United States

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TheScreener

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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 Eastern Canada, today announced that Quikrete Holdings, Inc. (“Quikrete”) completed its acquisition of all outstanding shares of Forterra for $24.00 per share in an all cash transaction, with Forterra becoming a wholly owned subsidiary of Quikrete. As a result of the transaction’s completion, Forterra’s common stock will cease trading at the close...

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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 States and Eastern Canada, today announced results for the quarter and full year ended December 31, 2021. Full Year 2021 Highlights Increased net sales by 16.5% to $1,858.3 million as compared to $1,594.5 million last yearIncreased gross profit by 11.6% to $420.4 million as compared to $376.7 million last year Increased net inco...

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FORTERRA sees an upgrade to Positive due to a better fundamental star rating

Empowering Investors

Quikrete Completes Acquisition of Forterra, Inc.

Forterra Announces Fourth Quarter and Full Year 2021 Results

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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