FET vs. NR, DRQ, TTI, OIS, NGS, GEOS, GIFI, DWSN, SLB, and HAL
Should you be buying Forum Energy Technologies stock or one of its competitors? The main competitors of Forum Energy Technologies include Newpark Resources (NR), Dril-Quip (DRQ), TETRA Technologies (TTI), Oil States International (OIS), Natural Gas Services Group (NGS), Geospace Technologies (GEOS), Gulf Island Fabrication (GIFI), Dawson Geophysical (DWSN), Schlumberger (SLB), and Halliburton (HAL). These companies are all part of the "oil & gas equipment & services" industry.
Forum Energy Technologies (NYSE:FET) and Newpark Resources (NYSE:NR) are both small-cap oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, risk, dividends, community ranking, analyst recommendations, institutional ownership, media sentiment, profitability and earnings.
Newpark Resources has a net margin of 2.25% compared to Forum Energy Technologies' net margin of -3.42%. Newpark Resources' return on equity of 6.67% beat Forum Energy Technologies' return on equity.
Forum Energy Technologies received 113 more outperform votes than Newpark Resources when rated by MarketBeat users. However, 63.49% of users gave Newpark Resources an outperform vote while only 53.39% of users gave Forum Energy Technologies an outperform vote.
Forum Energy Technologies has a beta of 2.57, suggesting that its share price is 157% more volatile than the S&P 500. Comparatively, Newpark Resources has a beta of 2.78, suggesting that its share price is 178% more volatile than the S&P 500.
Newpark Resources has a consensus price target of $11.00, suggesting a potential upside of 40.66%. Given Newpark Resources' higher probable upside, analysts clearly believe Newpark Resources is more favorable than Forum Energy Technologies.
Newpark Resources has higher revenue and earnings than Forum Energy Technologies. Forum Energy Technologies is trading at a lower price-to-earnings ratio than Newpark Resources, indicating that it is currently the more affordable of the two stocks.
In the previous week, Newpark Resources had 2 more articles in the media than Forum Energy Technologies. MarketBeat recorded 4 mentions for Newpark Resources and 2 mentions for Forum Energy Technologies. Newpark Resources' average media sentiment score of 1.07 beat Forum Energy Technologies' score of 0.50 indicating that Newpark Resources is being referred to more favorably in the news media.
65.6% of Forum Energy Technologies shares are held by institutional investors. Comparatively, 80.8% of Newpark Resources shares are held by institutional investors. 5.8% of Forum Energy Technologies shares are held by insiders. Comparatively, 4.8% of Newpark Resources shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary
Newpark Resources beats Forum Energy Technologies on 15 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding FET and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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