Forum Energy Technologies (FET) Competitors

$19.53
+0.14 (+0.72%)
(As of 04/26/2024 08:52 PM ET)

FET vs. OIS, NR, DRQ, DTI, SOI, PFIE, RNGR, FF, FREY, and NC

Should you be buying Forum Energy Technologies stock or one of its competitors? The main competitors of Forum Energy Technologies include Oil States International (OIS), Newpark Resources (NR), Dril-Quip (DRQ), Drilling Tools International (DTI), Solaris Oilfield Infrastructure (SOI), Profire Energy (PFIE), Ranger Energy Services (RNGR), FutureFuel (FF), FREYR Battery (FREY), and NACCO Industries (NC). These companies are all part of the "oils/energy" sector.

Forum Energy Technologies vs.

Oil States International (NYSE:OIS) and Forum Energy Technologies (NYSE:FET) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, earnings, risk, media sentiment, institutional ownership, profitability, community ranking, analyst recommendations and valuation.

Oil States International has a net margin of 1.65% compared to Oil States International's net margin of -2.56%. Forum Energy Technologies' return on equity of 2.20% beat Oil States International's return on equity.

Company Net Margins Return on Equity Return on Assets
Oil States International1.65% 2.20% 1.47%
Forum Energy Technologies -2.56%-0.38%-0.19%

97.4% of Oil States International shares are owned by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are owned by institutional investors. 5.4% of Oil States International shares are owned by company insiders. Comparatively, 6.2% of Forum Energy Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Oil States International received 29 more outperform votes than Forum Energy Technologies when rated by MarketBeat users. Likewise, 58.26% of users gave Oil States International an outperform vote while only 53.46% of users gave Forum Energy Technologies an outperform vote.

CompanyUnderperformOutperform
Oil States InternationalOutperform Votes
462
58.26%
Underperform Votes
331
41.74%
Forum Energy TechnologiesOutperform Votes
433
53.46%
Underperform Votes
377
46.54%

Oil States International presently has a consensus price target of $8.25, suggesting a potential upside of 91.42%. Given Forum Energy Technologies' higher probable upside, equities analysts clearly believe Oil States International is more favorable than Forum Energy Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Oil States International
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Forum Energy Technologies
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Oil States International has a beta of 2.56, suggesting that its share price is 156% more volatile than the S&P 500. Comparatively, Forum Energy Technologies has a beta of 2.6, suggesting that its share price is 160% more volatile than the S&P 500.

Oil States International has higher revenue and earnings than Forum Energy Technologies. Oil States International is trading at a lower price-to-earnings ratio than Forum Energy Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Oil States International$782.28M0.35$12.89M-$0.04-107.75
Forum Energy Technologies$738.90M0.32-$18.88M-$1.85-10.56

In the previous week, Oil States International had 8 more articles in the media than Forum Energy Technologies. MarketBeat recorded 10 mentions for Oil States International and 2 mentions for Forum Energy Technologies. Oil States International's average media sentiment score of 0.02 beat Forum Energy Technologies' score of -0.37 indicating that Forum Energy Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Oil States International
1 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Forum Energy Technologies
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Oil States International beats Forum Energy Technologies on 13 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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FET vs. The Competition

MetricForum Energy TechnologiesOil & gas field machinery IndustryEnergy SectorNYSE Exchange
Market Cap$239.91M$3.87B$8.69B$17.54B
Dividend YieldN/A2.06%11.55%3.54%
P/E Ratio-10.56121.8916.6221.86
Price / Sales0.321.1734.6610.95
Price / Cash6.0110.0711.3317.84
Price / Book0.481.903.604.87
Net Income-$18.88M$107.83M$1.01B$964.49M
7 Day Performance-0.10%1.57%1.30%1.90%
1 Month Performance-2.25%5.37%1.42%-3.71%
1 Year Performance-11.87%21.64%6.35%93.11%

Forum Energy Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OIS
Oil States International
3.9675 of 5 stars
$5.48
+0.7%
$8.25
+50.7%
-38.8%$351.55M$782.28M27.382,752Earnings Report
Gap Down
NR
Newpark Resources
2.842 of 5 stars
$7.33
+0.4%
$10.75
+46.8%
+81.8%$624.09M$749.60M45.781,550Upcoming Earnings
Short Interest ↑
News Coverage
DRQ
Dril-Quip
3.9459 of 5 stars
$19.47
+0.5%
$31.00
+59.2%
-27.0%$670.16M$424.06M1,947.001,659Short Interest ↓
DTI
Drilling Tools International
0.4392 of 5 stars
$5.27
-2.2%
$3.00
-43.1%
N/A$156.89M$152.03M0.00N/AShort Interest ↑
News Coverage
Positive News
Gap Down
SOI
Solaris Oilfield Infrastructure
4.1369 of 5 stars
$8.59
+2.0%
$12.00
+39.7%
+25.5%$369.46M$292.95M11.16338Earnings Report
Dividend Announcement
News Coverage
PFIE
Profire Energy
3.1039 of 5 stars
$1.87
+6.3%
$3.50
+87.2%
+54.3%$99.75M$58.21M8.50118Gap Up
RNGR
Ranger Energy Services
4.6346 of 5 stars
$10.64
-0.8%
N/A-8.5%$241.10M$636.60M11.082,000Short Interest ↓
News Coverage
FF
FutureFuel
2.2477 of 5 stars
$5.60
-0.7%
N/A-25.9%$244.84M$368.25M6.66515Short Interest ↑
FREY
FREYR Battery
1.0192 of 5 stars
$1.61
+0.6%
$5.23
+224.5%
-76.4%$224.93MN/A-3.16263Short Interest ↑
News Coverage
NC
NACCO Industries
1.2304 of 5 stars
$28.15
-1.7%
N/A-22.1%$211.13M$214.79M-5.321,700Upcoming Earnings
Short Interest ↑

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This page (NYSE:FET) was last updated on 4/29/2024 by MarketBeat.com Staff

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