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FBM - Foundation Building Materials Lacking A Catalyst And Facing Headwinds In 2019
Foundation Building Materials Inc.
Foundation Building Materials, Inc. (NYSE:FBM) may not have much operational flexibility in 2019. The uncertainty in the economy, coupled with the high debt load, and lack of revenue drivers may put the brakes on this company. It’s best to leave the stock alone for now.
Foundation Building Materials is one of the largest distributors of wallboard, suspended ceiling systems and a metal framing in the United States and Canada. Their 175 branches across the U.S. and Canada carry more than 30,000 SKUs. Its net sales have grown from $113.7 million in 2013 to