Forum Energy Technologies Company Profile (NYSE:FET)

Analyst Ratings

Consensus Ratings for Forum Energy Technologies (NYSE:FET) (?)
Ratings Breakdown: 1 Sell Rating(s), 12 Hold Rating(s), 6 Buy Rating(s)
Consensus Rating:Hold (Score: 2.26)
Consensus Price Target: $15.64 (4.23% downside)

Analysts' Ratings History for Forum Energy Technologies (NYSE:FET)
Show:
DateFirmActionRatingPrice TargetActions
7/18/2016Credit Suisse Group AGUpgradeNeutral -> Outperform$18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/13/2016Citigroup Inc.Boost Price TargetNeutral$16.00 -> $17.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/12/2016JPMorgan Chase & Co.DowngradeNeutral -> Underweight$10.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/11/2016Jefferies GroupLower Price TargetHold$19.00 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/7/2016SimmonsReiterated RatingNeutral$15.25 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/17/2016ScotiabankReiterated RatingSector Perform$16.00 -> $19.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/16/2016Howard WeilBoost Price TargetSector Perform$16.00 -> $19.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/22/2016Deutsche Bank AGReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/2/2016Morgan StanleyReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/2/2016Cowen and CompanyBoost Price TargetOutperform$11.00 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/18/2016GMP SecuritiesDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/4/2016Iberia CapitalReiterated RatingHold$14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/23/2016FBR & CoReiterated RatingOutperform$13.00 -> $11.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/16/2016SunTrust Banks Inc.Lower Price TargetNeutral$12.00 -> $9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/16/2016KLR GroupLower Price TargetBuy$19.00 -> $15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/12/2016William BlairReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/21/2016Robert W. BairdLower Price Target$14.00 -> $12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/9/2015Barclays PLCBoost Price TargetEqual Weight$13.00 -> $14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/30/2015GuggenheimUpgradeNeutral -> Buy$23.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/27/2015Johnson RiceUpgradeHold -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/27/2015Bank of America Corp.DowngradeOutperform -> Neutral$22.00 -> $24.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/15/2015KeyCorpBoost Price TargetOverweight$22.00 -> $26.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/17/2015Capital One Financial Corp.DowngradeOverweight -> Equal WeightView Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/15/2014Evercore ISIInitiated CoverageBuy$40.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/30/2014 forward)

Earnings

Earnings History for Forum Energy Technologies (NYSE:FET)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
10/20/2016        
7/29/2016Q216($0.26)($0.19)$143.17 million$142.80 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/29/2016Q116($0.20)($0.22)$166.55 million$159.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/11/2016Q415($0.06)($0.12)$205.25 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/22/2015Q315$0.09$0.07$267.45 million$245.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2015Q215$0.17$0.16$311.81 million$284.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2015Q115$0.28$0.30$371.22 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2014Q3$0.47$0.52$445.61 million$468.80 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/24/2014Q214$0.42$0.44$415.12 million$428.30 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/24/2014Q114$0.39$0.40$403.17 million$403.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/7/2014Q413$0.40$0.39$399.51 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/25/2013Q313$0.42$0.44$407.71 million$390.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/26/2013Q2 2013$0.38$0.32$384.10 million$367.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/26/2013Q1 2013$0.34$0.34$349.60 million$373.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/29/2012Q312$0.43$0.44$373.90 million$347.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/27/2012$0.47$0.49ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Forum Energy Technologies (NYSE:FET)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20168($0.23)$0.09($0.14)
Q2 20166($0.28)($0.25)($0.27)
Q3 20166($0.27)($0.20)($0.24)
Q4 20168($0.26)$0.07($0.14)
Q1 20174($0.21)($0.15)($0.18)
Q2 20174($0.16)($0.13)($0.15)
Q3 20174($0.11)($0.06)($0.08)
Q4 20174($0.11)($0.02)($0.07)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Forum Energy Technologies (NYSE:FET)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Forum Energy Technologies (NYSE:FET)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
9/4/2015Evelyn M AngelleDirectorBuy26,000$15.00$390,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/30/2014Evelyn M AngelleDirectorBuy18,000$27.15$488,700.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/5/2014James L MccullochSVPSell75,500$32.78$2,474,890.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/26/2014Michael Dewayne DanfordVPSell4,050$36.33$147,136.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/20/2014James Whelan HarrisCFOSell10,000$36.00$360,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/19/2014Michael Dewayne DanfordVPSell12,000$34.73$416,760.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/6/2014James Whelan HarrisCFOSell10,000$34.00$340,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/21/2014Michael Dewayne DanfordVPSell4,000$33.08$132,320.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/16/2014Michael Dewayne DanfordVPSell2,000$32.50$65,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/1/2014Tylar SchmittVPSell12,950$30.88$399,896.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/13/2013Andrew WaiteDirectorSell490,347$26.96$13,219,755.12View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/10/2013Andrew L WaiteDirectorSell445,065$26.74$11,901,038.10View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/5/2013L SimmonsInsiderSell134,440$26.50$3,562,660.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/29/2013Andrew WaiteDirectorSell234,889$26.50$6,224,558.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/14/2013L SimmonsInsiderSell66,258$27.01$1,789,628.58View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/8/2013L SimmonsInsiderSell240,019$27.61$6,626,924.59View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/11/2013James Whelan HarrisCFOSell31,450$31.00$974,950.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/16/2013James Whelan HarrisCFOSell9,900$29.00$287,100.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/27/2013David C BaldwinDirectorSell768,938$26.52$20,392,235.76View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/27/2013James L MccullochSVPSell30,000$26.49$794,700.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Forum Energy Technologies (NYSE:FET)
DateHeadline
07/29/16 09:22 PMStocks with Active Concerns- AbbVie (NYSE:ABBV), Forum Energy Technologies (NYSE:FET), Chubb (NYSE:CB) - Seneca Globe
07/29/16 03:21 PMEdited Transcript of FET earnings conference call or presentation 29-Jul-16 2:00pm GMT -
07/29/16 11:04 AMForum Energy Technologies Announces Second Quarter 2016 Results
07/29/16 11:04 AMForum Energy Technologies : reports 2Q loss
07/29/16 09:00 AMForum Energy Technologies Inc Earnings Call scheduled for 10:00 am ET today -
07/29/16 05:12 AMFORUM ENERGY TECHNOLOGIES, INC. Files SEC form 8-K, Results of Operations and Financial Condition -
07/28/16 08:31 PMForum Energy Technologies Announces Second Quarter 2016 Results - Business Wire (press release)
07/28/16 06:15 PMForum Energy reports 2Q loss -
07/28/16 06:07 AMQ2 2016 Forum Energy Technologies Inc Earnings Release - After Market Close -
07/28/16 04:47 AMForum Energy Technologies, Inc. (NYSE:FET) Stock Rises, Analysts: Hold Rating - Review Fortune
07/27/16 06:05 AMForum Energy Technologies, Inc. (NYSE:FET) Earns Consensus Hold Rating - Review Fortune
07/27/16 06:05 AMForum Energy Technologies Inc. (FET) is Trading Lower on Unusual Volume for July 25 - Equities.com
07/27/16 06:05 AMForum Energy Technologies Inc. (FET) Drops 6.61% on July 25 - Equities.com
07/26/16 10:09 PMForum Energy Technologies Inc : half-yearly earnings release
07/26/16 04:03 PMStock under Analyst' Radar: Forum Energy Technologies, Inc. (NYSE:FET) - News Oracle
07/26/16 05:22 AMIs $23 Price Target Attainable For Forum Energy Technologies, Inc. (NYSE:FET)? - Investor Newswire
07/23/16 08:05 AMQuick View of Earnings: Forum Energy Technologies, Inc. (NYSE:FET), Bloomin' Brands, Inc. (NASDAQ:BLMN ... - Engelwood Daily
07/23/16 08:05 AMForum Energy Technologies, Inc. (NYSE:FET): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily
07/21/16 07:33 AMEquity Roundup: Stock Performance Focus on Forum Energy Technologies, Inc. (NYSE:FET) - Press Telegraph
07/21/16 07:33 AMStock Upgrade of the Day: Forum Energy Technologies Inc (NYSE:FET) - Review Fortune
07/20/16 04:58 AMCitigroup Maintains Forum Energy Technologies Inc to Neutral with Price Target $17.00 - Trade Calls
07/19/16 09:17 PMStock in Positive Territory for the Quarter: Forum Energy Technologies, Inc. (NYSE:FET) - Engelwood Daily
07/19/16 09:17 PMRecent Analyst Updates on Forum Energy Technologies Inc (NYSE:FET) - Post Registrar
07/19/16 12:59 AMFolkestone Education Trust :FET-AU: Earnings Analysis: For the six months ended December 31, 2015 : July 19, 2016 -
07/18/16 04:09 PMCredit Suisse Calls Forum Energy The 'Best-Positioned' OEM, Upgrades To Outperform
07/18/16 04:09 PMForum Energy upgraded at Credit Suisse as "best-positioned OEM"
07/18/16 02:04 PMHas FET’s Correlation with Crude Oil Fallen since 1Q16? -
07/18/16 02:04 PMFET’s Short Interest Is Falling: What Does This Mean? -
07/17/16 03:41 PMStrong Sell Calls For Forum Energy Technologies, Inc. (NYSE:FET) At 1 - Investor Newswire
07/17/16 08:31 AMForum Energy Technologies, Inc. (NYSE:FET) Broker Price Targets For The Coming Week - Fiscal Standard
07/16/16 07:25 AMForum Energy Technologies, Inc. (NYSE:FET) Updated Price Targets - FTSE News
07/16/16 07:25 AMJefferies Maintains Forum Energy Technologies Inc to Hold with Price Target $18.00 - Trade Calls
07/15/16 03:02 PMForum Energy Technologies, Inc. (NYSE:FET) Earnings Concentration and Analyst Target Watch - Engelwood Daily
07/15/16 05:17 AMAnalyst Target and Average Rating Watch: Forum Energy Technologies, Inc. (NYSE:FET) - Press Telegraph
07/14/16 09:21 PMStock Tracking Higher in Session: Forum Energy Technologies, Inc. (NYSE:FET) - Telanagana Press
07/14/16 09:21 PMForum Energy Technologies Inc. (FET) Drops 6.12% on July 13 - Equities.com
07/14/16 10:08 AMWhat Is FET’s Management’s Outlook for 2Q16? -
07/14/16 09:07 AMWhat’s Forum Energy Technologies’ Strategy for 2Q16? -
07/14/16 07:15 AMTrading Performance and Target Watch for Forum Energy Technologies, Inc. (NYSE:FET) - Press Telegraph
07/13/16 04:18 PMForum Energy Technologies, Inc. (NYSE:FET) Wall Street Analyst Recommendation Outlook - Telanagana Press
07/13/16 03:17 PMWill the Rig Count Affect Forum Energy Technologies in 2Q16? -
07/13/16 03:17 PMWhat Do Analysts Expect from FET’s 2Q16 Earnings? -
07/13/16 07:25 AMForum Energy Technologies, Inc. breached its 50 day moving average in a Bullish Manner : FET-US : July 13, 2016 -
07/13/16 05:22 AMActive Stocks Notes Wondering in Hotspot- Forum Energy Technologies (NYSE:FET), Cameco (NYSE:CCJ ... - Seneca Globe
07/12/16 07:07 PMFMC Technologies’ Short Interest Decreases: What Does It Mean? -
07/12/16 07:05 PMTruly Superior? Comparing Superior Energy Services to Peers -
07/12/16 04:09 PMForum Energy Tech downgraded to Underweight at J.P. Morgan
07/12/16 08:23 AMForum Energy Technologies Receives ROV Order
07/12/16 08:23 AMForum Energy Downgraded At JPMorgan; 39% Downside To 6-Month Price Target
07/12/16 05:43 AMForum Energy Tech. downgraded by JP Morgan -

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About Forum Energy Technologies

Forum Energy Technologies logoForum Energy Technologies, Inc. is an oilfield products company. The Company designs, manufactures and distributes products and engages in aftermarket services, parts supply and related services. It operates through two segments: Drilling & Subsea, and Production & Infrastructure. Its product offering includes a mix of engineered capital products and replaced items that are used in the exploration, development, production and transportation of oil and natural gas. Its capital products are targeted at drilling rig equipment for rigs, upgrades and refurbishment projects; subsea construction and development projects; the placement of production equipment on producing wells; pressure pumping equipment, and downstream capital projects. Its engineered systems are components used on drilling rigs for completions or in the course of subsea operations, while its consumable products are used to maintain operations at well sites in the well construction process.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: Oil & Gas Equipment & Services
  • Exchange: NYSE
  • Symbol: FET
  • CUSIP: 34984V10
Key Metrics:
  • Previous Close: $16.33
  • 50 Day Moving Average: $16.56
  • 200 Day Moving Average: $14.12
  • P/E Ratio: N/A
  • P/E Growth: 14.39
  • Market Cap: $1.48B
  • Beta: 1.54
  • Current Year EPS Consensus Estimate: $-0.92 EPS
  • Next Year EPS Consensus Estimate: $-0.37 EPS
Additional Links:
Forum Energy Technologies (NYSE:FET) Chart for Saturday, July, 30, 2016