What is Sidoti Csr's Estimate for FET Q2 Earnings?

Forum Energy Technologies, Inc. (NYSE:FET - Free Report) - Equities research analysts at Sidoti Csr issued their Q2 2025 earnings per share (EPS) estimates for Forum Energy Technologies in a research note issued to investors on Monday, May 12th. Sidoti Csr analyst S. Ferazani anticipates that the oil and gas company will post earnings of $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.

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

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

Forum Energy Technologies Stock Down 3.9%

Shares of NYSE FET traded down $0.60 during trading hours on Wednesday, hitting $14.93. The stock had a trading volume of 25,122 shares, compared to its average volume of 62,696. The company has a market capitalization of $184.63 million, a P/E ratio of -1.36 and a beta of 0.73. The firm's 50-day moving average price is $16.57 and its two-hundred day moving average price is $16.61. Forum Energy Technologies has a 52 week low of $12.78 and a 52 week high of $21.57. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.87 and a current ratio of 1.93.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Headlands Technologies LLC increased its stake in shares of Forum Energy Technologies by 196.6% in the first quarter. Headlands Technologies LLC now owns 1,237 shares of the oil and gas company's stock valued at $25,000 after buying an additional 820 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in Forum Energy Technologies by 63.7% during the 4th quarter. Russell Investments Group Ltd. now owns 2,208 shares of the oil and gas company's stock worth $34,000 after acquiring an additional 859 shares during the period. Empowered Funds LLC grew its position in shares of Forum Energy Technologies by 8.8% during the 1st quarter. Empowered Funds LLC now owns 13,908 shares of the oil and gas company's stock worth $280,000 after buying an additional 1,127 shares during the period. Tower Research Capital LLC TRC grew its position in shares of Forum Energy Technologies by 126.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,360 shares of the oil and gas company's stock worth $37,000 after buying an additional 1,319 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Forum Energy Technologies by 4.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 33,342 shares of the oil and gas company's stock valued at $671,000 after purchasing an additional 1,480 shares in the last quarter. 65.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Forum Energy Technologies

In other news, CEO Neal Lux bought 9,129 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average cost of $17.65 per share, for a total transaction of $161,126.85. Following the completion of the purchase, the chief executive officer now owns 212,250 shares of the company's stock, valued at $3,746,212.50. This trade represents a 4.49% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 6.90% of the company's stock.

Forum Energy Technologies Company Profile

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.