Q2 Earnings Forecast for FET Issued By Sidoti Csr

Forum Energy Technologies, Inc. (NYSE:FET - Free Report) - Stock analysts at Sidoti Csr issued their Q2 2025 earnings estimates for shares of Forum Energy Technologies in a research note issued to investors on Monday, May 12th. Sidoti Csr analyst S. Ferazani expects that the oil and gas company will earn $0.19 per share for the quarter. Sidoti Csr also issued estimates for Forum Energy Technologies' Q3 2025 earnings at $0.58 EPS, Q4 2025 earnings at $0.62 EPS, FY2025 earnings at $1.41 EPS, Q1 2026 earnings at $0.47 EPS, Q2 2026 earnings at $0.61 EPS, Q3 2026 earnings at $0.70 EPS, Q4 2026 earnings at $0.74 EPS and FY2026 earnings at $2.51 EPS.

Separately, StockNews.com raised shares of Forum Energy Technologies from a "hold" rating to a "buy" rating in a report on Tuesday, May 6th.

Forum Energy Technologies Price Performance

Shares of NYSE:FET opened at $16.44 on Wednesday. The company's fifty day moving average price is $16.66 and its 200-day moving average price is $16.55. The firm has a market capitalization of $203.36 million, a price-to-earnings ratio of -1.50 and a beta of 0.73. Forum Energy Technologies has a one year low of $12.78 and a one year high of $21.57. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.93 and a quick ratio of 0.87.

Forum Energy Technologies (NYSE:FET - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The oil and gas company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.39). The company had revenue of $193.30 million during the quarter, compared to the consensus estimate of $196.45 million. Forum Energy Technologies had a negative return on equity of 2.39% and a negative net margin of 16.57%. During the same period in the previous year, the company earned ($0.12) EPS.

Hedge Funds Weigh In On Forum Energy Technologies

Several institutional investors and hedge funds have recently made changes to their positions in FET. American Century Companies Inc. grew its holdings in shares of Forum Energy Technologies by 92.6% during the 1st quarter. American Century Companies Inc. now owns 138,560 shares of the oil and gas company's stock valued at $2,786,000 after purchasing an additional 66,620 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Forum Energy Technologies by 445.0% during the 4th quarter. JPMorgan Chase & Co. now owns 48,209 shares of the oil and gas company's stock valued at $747,000 after purchasing an additional 39,364 shares during the last quarter. Bank of America Corp DE grew its holdings in Forum Energy Technologies by 57.3% in the 4th quarter. Bank of America Corp DE now owns 103,605 shares of the oil and gas company's stock worth $1,605,000 after acquiring an additional 37,744 shares during the last quarter. Nuveen LLC bought a new stake in Forum Energy Technologies in the 1st quarter worth $720,000. Finally, Marshall Wace LLP bought a new stake in Forum Energy Technologies in the 4th quarter worth $354,000. Institutional investors own 65.60% of the company's stock.

Insider Activity at Forum Energy Technologies

In other Forum Energy Technologies news, CEO Neal Lux bought 9,129 shares of Forum Energy Technologies stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average price of $17.65 per share, with a total value of $161,126.85. Following the acquisition, the chief executive officer now owns 212,250 shares in the company, valued at approximately $3,746,212.50. This trade represents a 4.49% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 6.90% of the stock is owned by insiders.

About Forum Energy Technologies

Forum Energy Technologies, Inc designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction and services markets, including applications in oil and natural gas, renewable energy, defense, and communications.

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