Forum Energy Technologies Company Profile (NYSE:FET)

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: $21.20
  • 50 Day Moving Average: $19.42
  • 200 Day Moving Average: $17.11
  • 52-Week Range: $8.47 - $22.85
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -75.71
  • P/E Growth: -1.24
  • Market Cap: $1.92B
  • Outstanding Shares: 90,707,000
  • Beta: 1.44
  • Net Margins: -28.04%
  • Return on Equity: -3.20%
  • Return on Assets: -2.14%
  • Debt-to-Equity Ratio: 0.33%
  • Current Ratio: 4.86%
  • Quick Ratio: 2.02%
Additional Links:
Companies Related to Forum Energy Technologies:

Analyst Ratings

Consensus Ratings for Forum Energy Technologies (NYSE:FET) (?)
Ratings Breakdown: 1 Sell Rating, 11 Hold Ratings, 9 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $17.95 (15.33% downside)

Analysts' Ratings History for Forum Energy Technologies (NYSE:FET)
DateFirmActionRatingPrice TargetDetails
10/14/2016Cowen and CompanyDowngradeOutperform -> Market Perform$18.00View Rating Details
10/11/2016Citigroup Inc.Boost Price TargetNeutral$19.00 -> $23.00View Rating Details
10/5/2016DA DavidsonInitiated CoverageBuy$25.00View Rating Details
9/23/2016Barclays PLCUpgradeEqual Weight -> Overweight$19.00 -> $23.00View Rating Details
9/20/2016Morgan StanleySet Price TargetHold$23.00View Rating Details
9/15/2016GabelliInitiated CoverageHold$21.00View Rating Details
8/16/2016Capital One Financial Corp.UpgradeEqual Weight -> OverweightView Rating Details
8/1/2016Credit Suisse Group AGSet Price TargetBuy$19.00View Rating Details
8/1/2016Iberia CapitalUpgradeSector Perform -> Outperform$18.00 -> $21.00View Rating Details
7/12/2016JPMorgan Chase & Co.DowngradeNeutral -> Underweight$10.00View Rating Details
7/11/2016Jefferies GroupLower Price TargetHold$19.00 -> $18.00View Rating Details
7/7/2016SimmonsReiterated RatingNeutral$15.25 -> $18.00View Rating Details
6/17/2016ScotiabankReiterated RatingSector Perform$16.00 -> $19.00View Rating Details
6/16/2016Howard WeilBoost Price TargetSector Perform$16.00 -> $19.00View Rating Details
5/22/2016Deutsche Bank AGReiterated RatingBuyView Rating Details
4/18/2016GMP SecuritiesDowngradeBuy -> HoldView Rating Details
3/23/2016FBR & CoReiterated RatingOutperform$13.00 -> $11.00View Rating Details
2/16/2016SunTrust Banks Inc.Lower Price TargetNeutral$12.00 -> $9.00View Rating Details
2/16/2016KLR GroupLower Price TargetBuy$19.00 -> $15.00View Rating Details
2/12/2016William BlairReiterated RatingHoldView Rating Details
1/21/2016Robert W. BairdLower Price Target$14.00 -> $12.00View Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$23.00View Rating Details
4/27/2015Johnson RiceUpgradeHold -> BuyView Rating Details
4/27/2015Bank of America Corp.DowngradeOutperform -> Neutral$22.00 -> $24.00View Rating Details
4/15/2015KeyCorpBoost Price TargetOverweight$22.00 -> $26.00View Rating Details
(Data available from 10/21/2014 forward)


Earnings History for Forum Energy Technologies (NYSE:FET)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/28/2016ListenView Earnings Details
7/29/2016Q216($0.26)($0.19)$143.17 million$142.80 millionViewListenView Earnings Details
4/29/2016Q116($0.20)($0.22)$166.55 million$159.00 millionViewListenView Earnings Details
2/11/2016Q415($0.06)($0.12)$205.25 millionViewListenView Earnings Details
10/22/2015Q315$0.09$0.07$267.45 million$245.00 millionViewListenView Earnings Details
7/23/2015Q215$0.17$0.16$311.81 million$284.40 millionViewListenView Earnings Details
4/23/2015Q115$0.28$0.30$371.22 millionViewListenView Earnings Details
10/23/2014Q3$0.47$0.52$445.61 million$468.80 millionViewListenView Earnings Details
7/24/2014Q214$0.42$0.44$415.12 million$428.30 millionViewListenView Earnings Details
4/24/2014Q114$0.39$0.40$403.17 million$403.90 millionViewListenView Earnings Details
2/7/2014Q413$0.40$0.39$399.51 millionViewListenView Earnings Details
10/25/2013Q313$0.42$0.44$407.71 million$390.20 millionViewListenView Earnings Details
7/26/2013Q2 2013$0.38$0.32$384.10 million$367.90 millionViewListenView Earnings Details
4/26/2013Q1 2013$0.34$0.34$349.60 million$373.00 millionViewListenView Earnings Details
10/29/2012Q312$0.43$0.44$373.90 million$347.80 millionViewN/AView Earnings Details
7/27/2012$0.47$0.49ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Forum Energy Technologies (NYSE:FET)
Current Year EPS Consensus Estimate: $-0.78 EPS
Next Year EPS Consensus Estimate: $-0.28 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20168($0.23)$0.09($0.14)
Q2 20166($0.28)($0.25)($0.27)
Q3 20167($0.27)($0.18)($0.23)
Q4 20169($0.26)$0.07($0.15)
Q1 20175($0.20)($0.13)($0.17)
Q2 20175($0.16)($0.12)($0.14)
Q3 20175($0.11)($0.02)($0.06)
Q4 20175($0.11)$0.03($0.04)
(Data provided by Zacks Investment Research)


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

Insider Trades

Insider Trading History for Forum Energy Technologies (NYSE:FET)
Insider Ownership Percentage: 38.40%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/4/2015Evelyn M AngelleDirectorBuy26,000$15.00$390,000.00View SEC Filing  
10/30/2014Evelyn M AngelleDirectorBuy18,000$27.15$488,700.00View SEC Filing  
9/5/2014James L MccullochSVPSell75,500$32.78$2,474,890.00View SEC Filing  
6/26/2014Michael Dewayne DanfordVPSell4,050$36.33$147,136.50View SEC Filing  
6/20/2014James Whelan HarrisCFOSell10,000$36.00$360,000.00View SEC Filing  
6/19/2014Michael Dewayne DanfordVPSell12,000$34.73$416,760.00View SEC Filing  
6/6/2014James Whelan HarrisCFOSell10,000$34.00$340,000.00View SEC Filing  
5/21/2014Michael Dewayne DanfordVPSell4,000$33.08$132,320.00View SEC Filing  
5/16/2014Michael Dewayne DanfordVPSell2,000$32.50$65,000.00View SEC Filing  
4/1/2014Tylar SchmittVPSell12,950$30.88$399,896.00View SEC Filing  
9/13/2013Andrew WaiteDirectorSell490,347$26.96$13,219,755.12View SEC Filing  
9/10/2013Andrew L WaiteDirectorSell445,065$26.74$11,901,038.10View SEC Filing  
9/5/2013L SimmonsInsiderSell134,440$26.50$3,562,660.00View SEC Filing  
8/29/2013Andrew WaiteDirectorSell234,889$26.50$6,224,558.50View SEC Filing  
8/14/2013L SimmonsInsiderSell66,258$27.01$1,789,628.58View SEC Filing  
8/8/2013L SimmonsInsiderSell240,019$27.61$6,626,924.59View SEC Filing  
7/11/2013James Whelan HarrisCFOSell31,450$31.00$974,950.00View SEC Filing  
5/16/2013James Whelan HarrisCFOSell9,900$29.00$287,100.00View SEC Filing  
2/27/2013David C BaldwinDirectorSell768,938$26.52$20,392,235.76View SEC Filing  
2/27/2013James L MccullochSVPSell30,000$26.49$794,700.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Forum Energy Technologies (NYSE:FET)
News IconStreet Session Update on Forum Energy Technologies, Inc. (NYSE:FET) - Recall News (NYSE:FET) - October 18 at 10:00 AM
News IconPros Don't Lie: Forum Energy Technologies INC (FET) Holder ... - Chester News (NYSE:FET) - October 18 at 10:00 AM logoForum Energy Technologies Inc 17.2% Potential Decrease Now ... - DirectorsTalk Interviews (NYSE:FET) - October 17 at 10:00 AM
News IconUpdate on Forum Energy Technologies, Inc. (NYSE:FET) for the day (NYSE:FET) - October 16 at 9:39 AM logoCowen Downgrades Forum Energy Technologies (FET) to Market Perform (NYSE:FET) - October 14 at 4:53 PM
News IconRating Reporting: Forum Energy Tech (FET) Loses a Vote of Confidence From Cowen. What to Expect? - Thorold News (NYSE:FET) - October 14 at 8:00 AM
News IconConsensus Take: Forum Energy Technologies, Inc. (NYSE:FET) Earnings & Ratings Watch - CSZ News (NYSE:FET) - October 13 at 12:42 PM
News IconNoteworthy Analyst Ratings of Two Stocks Forum Energy Technologies Inc (NYSE:FET), F.N.B. Corp (NYSE:FNB) - The Voice Registrar (NYSE:FET) - October 12 at 3:30 PM
News IconBasic Materials Worth Chasing: Forum Energy Technologies, Inc. (FET), Gastar Exploration Inc. (GST) - The Independent Republic (NYSE:FET) - October 12 at 3:30 PM logoForum Energy Technologies, Inc. (FET) – Citigroup Maintains Rating And Raises Price Target (NYSE:FET) - October 11 at 5:12 PM
News IconActive Valued Watching Stock- Goldcorp Inc. (NYSE:GG), Forum Energy Technologies, Inc. (NYSE:FET) - Seneca Globe (NYSE:FET) - October 7 at 4:54 PM
News IconImportant Rating: Is Forum Energy Technologies (NYSE:FET) a Sell? Get to Know What DA Davidson Thinks (NYSE:FET) - October 7 at 9:58 AM
News IconKeen Investors See Early Session Gains on Forum Energy ... - CSZ News (NYSE:FET) - October 5 at 5:15 PM
News IconHot Stock Update: Forum Energy Technologies, Inc. (NYSE:FET) - FactsReporter (NYSE:FET) - October 5 at 10:13 AM
News IconReal Estate: Expect Some Choppy Waters Ahead (NYSE:FET) - October 5 at 10:12 AM logoCommit To Purchase Forum Energy Technologies At $15, Earn 9.8 ... - Nasdaq (NYSE:FET) - October 4 at 4:55 PM logoForum Energy Technologies, Inc. (FET) Trades at 52-Week High (NYSE:FET) - October 4 at 9:50 AM
News IconConsensus Notes on Forum Energy Technologies, Inc. (NYSE:FET) - Recall News (NYSE:FET) - October 3 at 9:43 AM logoForum Energy Technologies Announces Timing of Third Quarter ... - Business Wire (press release) (NYSE:FET) - September 30 at 10:07 AM logoForum Energy Technologies Announces Timing of Third Quarter 2016 Earnings Release and Conference Call (NYSE:FET) - September 30 at 10:07 AM logoShorts Interests: Analyzing the Worst Oilfield Services Companies (NYSE:FET) - September 28 at 9:54 AM
News IconForum Energy Technologies, Inc. (NYSE:FET) topped earnings-per-share estimates 58.% of the time - The Independent Republic (NYSE:FET) - September 27 at 5:01 PM
News IconNotable Chart Action: Forum Energy Technologies Inc on Focus ... - Chester News (NYSE:FET) - September 27 at 5:01 PM logoBarclays Upgrades Forum Energy, Prior Concerns Have Diminished (NYSE:FET) - September 23 at 4:45 PM
News IconStock Perspective: Forum Energy Technologies, Inc. (NYSE:FET ... - Frisco Fastball (NYSE:FET) - September 22 at 5:04 PM
News IconReally worthy Stock of Yesterday- Forum Energy Technologies, Inc.'s (FET) - Hot Stocks Point (NYSE:FET) - September 22 at 5:04 PM
News IconChart Pattern: Forum Energy Technologies Inc Formed Double Top Pattern; Buyers Could Thrive - Chester News (NYSE:FET) - September 21 at 9:14 AM logoGabelli & Co. Begins Coverage on Forum Energy Technologies, Inc ... - Finance Daily (NYSE:FET) - September 15 at 5:25 PM
News IconForum Energy Technologies Inc. (NYSE: FET) Price Target Raised ... - The Woodbridge Citizen (NYSE:FET) - September 15 at 5:25 PM logoCoverage initiated on Forum Energy Tech. by Gabelli & Co (NYSE:FET) - September 15 at 5:25 PM logoWhy Niobrara August Crude Oil Production Fell 23% in One Year (NYSE:FET) - September 14 at 5:04 PM logoBaker Hughes’s Free and Operating Cash Flows in Focus (NYSE:FET) - September 14 at 9:11 AM logoExplaining Halliburton’s Historical Valuation (NYSE:FET) - September 9 at 4:52 PM logoHow These Oil & Gas Stocks are Faring? -- TETRA Technologies, Hornbeck Offshore Services, Forum Energy Technologies, and Flotek Industries (NYSE:FET) - September 9 at 9:49 AM
News IconUpcoming Earnings Report: Forum Energy Technologies, Inc. (NYSE:FET) - The Voice Registrar (NYSE:FET) - September 6 at 4:53 PM
News IconPlacing Forum Energy Technologies, Inc. (NYSE:FET) Shares Under the Microscope - Post News (NYSE:FET) - September 6 at 9:48 AM
News IconHow Analysts & Retail Investors Perceive Forum Energy Technologies, Inc. (NYSE:FET) - Post News (NYSE:FET) - August 30 at 8:05 AM logoEarnings Estimates Moving Higher for Forum Energy (FET): Time to Buy? (NYSE:FET) - August 26 at 4:52 PM logoAnalyzing National Oilwell Varco’s Free Cash Flow (NYSE:FET) - August 24 at 4:56 PM logoWill Forum Energy Technologies, Inc. (NYSE:FET) Hit $23 Price Target? - Investor Newswire (NYSE:FET) - August 23 at 5:06 PM logoFORUM ENERGY TECHNOLOGIES, INC. Files SEC form 8-K, Other Events (NYSE:FET) - August 23 at 5:06 PM logoHow Far Could US Shale Gas Production Drop? (NYSE:FET) - August 17 at 5:12 PM logoETF’s with exposure to Forum Energy Technologies, Inc. : August 16, 2016 (NYSE:FET) - August 16 at 5:05 PM logoIs Flotek Industries’ Share Price Bullish? (NYSE:FET) - August 11 at 5:11 PM logoForum Energy Technologies, Inc. (FET) Ownership Decreased by Blackrock Fund Advisors - Finance Daily (NYSE:FET) - August 11 at 5:29 AM logoHow Related Is CLB’s Share Price to Crude Oil Prices and Production? (NYSE:FET) - August 9 at 3:43 PM logoRevenue Update on Forum Energy Technologies Inc(NYSE:FET) - Trade Calls (NYSE:FET) - August 8 at 9:47 AM logoForum Energy Technologies, Inc. breached its 50 day moving average in a Bullish Manner : FET-US : August 8, 2016 (NYSE:FET) - August 8 at 9:47 AM logoFORUM ENERGY TECHNOLOGIES, INC. Financials (NYSE:FET) - August 6 at 5:19 PM logoETF’s with exposure to Forum Energy Technologies, Inc. : August 5, 2016 (NYSE:FET) - August 5 at 5:04 PM


Forum Energy Technologies (NYSE:FET) Chart for Friday, October, 21, 2016

Last Updated on 10/21/2016 by Staff