Q3 EPS Forecast for Forum Energy Technologies Cut by Analyst

Key Points

• Sidoti Csr has revised its Q3 2025 EPS estimates for Forum Energy Technologies, lowering the forecast from $0.58 to $0.24 per share.
• Forum Energy Technologies reported a loss of ($0.10) EPS for the past quarter, which was below analysts' consensus estimate of $0.15.
• Despite the negative earnings forecast, Wall Street Zen upgraded Forum Energy Technologies to a "buy" rating in May.

Forum Energy Technologies, Inc. (NYSE:FET - Free Report) - Sidoti Csr dropped their Q3 2025 EPS estimates for shares of Forum Energy Technologies in a report released on Monday, August 11th. Sidoti Csr analyst S. Ferazani now expects that the oil and gas company will post earnings of $0.24 per share for the quarter, down from their prior forecast of $0.58. Sidoti Csr also issued estimates for Forum Energy Technologies' FY2025 earnings at $0.76 EPS, Q1 2026 earnings at $0.30 EPS and FY2026 earnings at $2.09 EPS.

Forum Energy Technologies (NYSE:FET - Get Free Report) last released its earnings results on Thursday, August 7th. The oil and gas company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.25). Forum Energy Technologies had a negative return on equity of 2.51% and a negative net margin of 13.65%. The business had revenue of $199.80 million during the quarter, compared to the consensus estimate of $190.50 million.

Separately, Wall Street Zen raised shares of Forum Energy Technologies from a "hold" rating to a "buy" rating in a research report on Tuesday, May 6th.

Forum Energy Technologies Stock Performance

Shares of FET opened at $22.90 on Thursday. The company's 50 day moving average price is $19.61 and its 200 day moving average price is $17.79. Forum Energy Technologies has a 52 week low of $12.78 and a 52 week high of $23.16. The company has a market capitalization of $272.51 million, a PE ratio of -2.58, a PEG ratio of 2.57 and a beta of 0.88. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.10 and a current ratio of 2.41.

Hedge Funds Weigh In On Forum Energy Technologies

Several large investors have recently bought and sold shares of FET. Headlands Technologies LLC raised its stake in shares of Forum Energy Technologies by 196.6% in the 1st 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. raised its stake in shares of Forum Energy Technologies by 63.7% in the 4th quarter. Russell Investments Group Ltd. now owns 2,208 shares of the oil and gas company's stock valued at $34,000 after buying an additional 859 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Forum Energy Technologies by 126.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,360 shares of the oil and gas company's stock valued at $37,000 after buying an additional 1,319 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Forum Energy Technologies by 1,911.1% in the 1st quarter. GAMMA Investing LLC now owns 2,172 shares of the oil and gas company's stock valued at $44,000 after buying an additional 2,064 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of Forum Energy Technologies by 41.7% in the 4th quarter. Wells Fargo & Company MN now owns 8,423 shares of the oil and gas company's stock valued at $130,000 after buying an additional 2,479 shares in the last quarter. 65.60% of the stock is currently owned by institutional investors and hedge funds.

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.

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