Forum Energy Technologies Company Profile (NYSE:FET)

About Forum Energy Technologies

Forum 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: $19.22
50 Day Moving Average: $17.79
200 Day Moving Average: $16.21
52-Week Range: $8.47 - $19.34
Trailing P/E Ratio: N/A
Foreward P/E Ratio: -58.24
P/E Growth: -1.08
Market Cap: $1.74B
Outstanding Shares: 90,707,000
Beta: 1.47

Profitability:

Net Margins: -28.04%
Return on Equity: -3.20%
Return on Assets: -2.14%

Debt:

Debt-to-Equity Ratio: 0.33%
Current Ratio: 4.86%
Quick Ratio: 2.02%

Additional Links:

Companies Related to Forum Energy Technologies:

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:	$17.37 (9.63% downside)

Analysts' Ratings History for Forum Energy Technologies (NYSE:FET)

Show:

Date	Firm	Action	Rating	Price Target
9/23/2016	Barclays PLC	Upgrade	Equal Weight -> Overweight	$19.00 -> $23.00
9/20/2016	Morgan Stanley	Set Price Target	Hold	$23.00
9/15/2016	Gabelli	Initiated Coverage	Hold	$21.00
9/12/2016	Citigroup Inc.	Boost Price Target	Neutral	$18.00 -> $19.00
8/16/2016	Capital One Financial Corp.	Upgrade	Equal Weight -> Overweight
8/1/2016	Credit Suisse Group AG	Set Price Target	Buy	$19.00
8/1/2016	Iberia Capital	Upgrade	Sector Perform -> Outperform	$18.00 -> $21.00
7/12/2016	JPMorgan Chase & Co.	Downgrade	Neutral -> Underweight	$10.00
7/11/2016	Jefferies Group	Lower Price Target	Hold	$19.00 -> $18.00
7/7/2016	Simmons	Reiterated Rating	Neutral	$15.25 -> $18.00
6/17/2016	Scotiabank	Reiterated Rating	Sector Perform	$16.00 -> $19.00
6/16/2016	Howard Weil	Boost Price Target	Sector Perform	$16.00 -> $19.00
5/22/2016	Deutsche Bank AG	Reiterated Rating	Buy
5/2/2016	Cowen and Company	Boost Price Target	Outperform	$11.00 -> $18.00
4/18/2016	GMP Securities	Downgrade	Buy -> Hold
3/23/2016	FBR & Co	Reiterated Rating	Outperform	$13.00 -> $11.00
2/16/2016	SunTrust Banks Inc.	Lower Price Target	Neutral	$12.00 -> $9.00
2/16/2016	KLR Group	Lower Price Target	Buy	$19.00 -> $15.00
2/12/2016	William Blair	Reiterated Rating	Hold
1/21/2016	Robert W. Baird	Lower Price Target		$14.00 -> $12.00
11/30/2015	Guggenheim	Upgrade	Neutral -> Buy	$23.00
4/27/2015	Johnson Rice	Upgrade	Hold -> Buy
4/27/2015	Bank of America Corp.	Downgrade	Outperform -> Neutral	$22.00 -> $24.00
4/15/2015	KeyCorp	Boost Price Target	Overweight	$22.00 -> $26.00
10/15/2014	Evercore ISI	Initiated Coverage	Buy	$40.00

(Data available from 9/29/2014 forward)

Earnings History for Forum Energy Technologies (NYSE:FET)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/20/2016
7/29/2016	Q216	($0.26)	($0.19)	$143.17 million	$142.80 million	View	Listen
4/29/2016	Q116	($0.20)	($0.22)	$166.55 million	$159.00 million	View	Listen
2/11/2016	Q415	($0.06)	($0.12)	$205.25 million		View	Listen
10/22/2015	Q315	$0.09	$0.07	$267.45 million	$245.00 million	View	Listen
7/23/2015	Q215	$0.17	$0.16	$311.81 million	$284.40 million	View	Listen
4/23/2015	Q115	$0.28	$0.30	$371.22 million		View	Listen
10/23/2014	Q3	$0.47	$0.52	$445.61 million	$468.80 million	View	Listen
7/24/2014	Q214	$0.42	$0.44	$415.12 million	$428.30 million	View	Listen
4/24/2014	Q114	$0.39	$0.40	$403.17 million	$403.90 million	View	Listen
2/7/2014	Q413	$0.40	$0.39	$399.51 million		View	Listen
10/25/2013	Q313	$0.42	$0.44	$407.71 million	$390.20 million	View	Listen
7/26/2013	Q2 2013	$0.38	$0.32	$384.10 million	$367.90 million	View	Listen
4/26/2013	Q1 2013	$0.34	$0.34	$349.60 million	$373.00 million	View	Listen
10/29/2012	Q312	$0.43	$0.44	$373.90 million	$347.80 million	View	N/A
7/27/2012		$0.47	$0.49			View	N/A

(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: $-0.33 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	8	($0.23)	$0.09	($0.14)
Q2 2016	6	($0.28)	($0.25)	($0.27)
Q3 2016	6	($0.27)	($0.18)	($0.23)
Q4 2016	8	($0.26)	$0.07	($0.14)
Q1 2017	4	($0.20)	($0.15)	($0.18)
Q2 2017	4	($0.16)	($0.12)	($0.14)
Q3 2017	4	($0.11)	($0.05)	($0.08)
Q4 2017	4	($0.11)	($0.02)	($0.06)

(Data provided by Zacks Investment Research)

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

Insider Trading History for Forum Energy Technologies (NYSE:FET)

Insider Ownership Percentage: 38.40%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
9/4/2015	Evelyn M Angelle	Director	Buy	26,000	$15.00	$390,000.00
10/30/2014	Evelyn M Angelle	Director	Buy	18,000	$27.15	$488,700.00
9/5/2014	James L Mcculloch	SVP	Sell	75,500	$32.78	$2,474,890.00
6/26/2014	Michael Dewayne Danford	VP	Sell	4,050	$36.33	$147,136.50
6/20/2014	James Whelan Harris	CFO	Sell	10,000	$36.00	$360,000.00
6/19/2014	Michael Dewayne Danford	VP	Sell	12,000	$34.73	$416,760.00
6/6/2014	James Whelan Harris	CFO	Sell	10,000	$34.00	$340,000.00
5/21/2014	Michael Dewayne Danford	VP	Sell	4,000	$33.08	$132,320.00
5/16/2014	Michael Dewayne Danford	VP	Sell	2,000	$32.50	$65,000.00
4/1/2014	Tylar Schmitt	VP	Sell	12,950	$30.88	$399,896.00
9/13/2013	Andrew Waite	Director	Sell	490,347	$26.96	$13,219,755.12
9/10/2013	Andrew L Waite	Director	Sell	445,065	$26.74	$11,901,038.10
9/5/2013	L Simmons	Insider	Sell	134,440	$26.50	$3,562,660.00
8/29/2013	Andrew Waite	Director	Sell	234,889	$26.50	$6,224,558.50
8/14/2013	L Simmons	Insider	Sell	66,258	$27.01	$1,789,628.58
8/8/2013	L Simmons	Insider	Sell	240,019	$27.61	$6,626,924.59
7/11/2013	James Whelan Harris	CFO	Sell	31,450	$31.00	$974,950.00
5/16/2013	James Whelan Harris	CFO	Sell	9,900	$29.00	$287,100.00
2/27/2013	David C Baldwin	Director	Sell	768,938	$26.52	$20,392,235.76
2/27/2013	James L Mcculloch	SVP	Sell	30,000	$26.49	$794,700.00

(Data available from 1/1/2013 forward)

Latest Headlines for Forum Energy Technologies (NYSE:FET)

Date	Headline
	Shorts Interests: Analyzing the Worst Oilfield Services Companies (NYSE:FET) marketrealist.com - September 28 at 9:54 AM
	Forum Energy Technologies, Inc. (NYSE:FET) topped earnings-per-share estimates 58.% of the time - The Independent Republic (NYSE:FET) theindependentrepublic.com - September 27 at 5:01 PM
	Notable Chart Action: Forum Energy Technologies Inc on Focus ... - Chester News (NYSE:FET) www.chesterindependent.com - September 27 at 5:01 PM
	Barclays Upgrades Forum Energy, Prior Concerns Have Diminished (NYSE:FET) www.benzinga.com - September 23 at 4:45 PM
	Stock Perspective: Forum Energy Technologies, Inc. (NYSE:FET ... - Frisco Fastball (NYSE:FET) friscofastball.com - September 22 at 5:04 PM
	Really worthy Stock of Yesterday- Forum Energy Technologies, Inc.'s (FET) - Hot Stocks Point (NYSE:FET) www.hotstockspoint.com - September 22 at 5:04 PM
	Chart Pattern: Forum Energy Technologies Inc Formed Double Top Pattern; Buyers Could Thrive - Chester News (NYSE:FET) www.chesterindependent.com - September 21 at 9:14 AM
	Gabelli & Co. Begins Coverage on Forum Energy Technologies, Inc ... - Finance Daily (NYSE:FET) www.fidaily.com - September 15 at 5:25 PM
	Forum Energy Technologies Inc. (NYSE: FET) Price Target Raised ... - The Woodbridge Citizen (NYSE:FET) www.woodbridgecitizen.com - September 15 at 5:25 PM
	Coverage initiated on Forum Energy Tech. by Gabelli & Co (NYSE:FET) finance.yahoo.com - September 15 at 5:25 PM
	Why Niobrara August Crude Oil Production Fell 23% in One Year (NYSE:FET) marketrealist.com - September 14 at 5:04 PM
	Baker Hughes’s Free and Operating Cash Flows in Focus (NYSE:FET) marketrealist.com - September 14 at 9:11 AM
	Explaining Halliburton’s Historical Valuation (NYSE:FET) marketrealist.com - September 9 at 4:52 PM
	How These Oil & Gas Stocks are Faring? -- TETRA Technologies, Hornbeck Offshore Services, Forum Energy Technologies, and Flotek Industries (NYSE:FET) www.prnewswire.com - September 9 at 9:49 AM
	Upcoming Earnings Report: Forum Energy Technologies, Inc. (NYSE:FET) - The Voice Registrar (NYSE:FET) voiceregistrar.com - September 6 at 4:53 PM
	Placing Forum Energy Technologies, Inc. (NYSE:FET) Shares Under the Microscope - Post News (NYSE:FET) www.kentuckypostnews.com - September 6 at 9:48 AM
	How Analysts & Retail Investors Perceive Forum Energy Technologies, Inc. (NYSE:FET) - Post News (NYSE:FET) www.kentuckypostnews.com - August 30 at 8:05 AM
	Earnings Estimates Moving Higher for Forum Energy (FET): Time to Buy? (NYSE:FET) finance.yahoo.com - August 26 at 4:52 PM
	Analyzing National Oilwell Varco’s Free Cash Flow (NYSE:FET) marketrealist.com - August 24 at 4:56 PM
	Will Forum Energy Technologies, Inc. (NYSE:FET) Hit $23 Price Target? - Investor Newswire (NYSE:FET) www.investornewswire.com - August 23 at 5:06 PM
	FORUM ENERGY TECHNOLOGIES, INC. Files SEC form 8-K, Other Events (NYSE:FET) biz.yahoo.com - August 23 at 5:06 PM
	How Far Could US Shale Gas Production Drop? (NYSE:FET) marketrealist.com - August 17 at 5:12 PM
	ETF’s with exposure to Forum Energy Technologies, Inc. : August 16, 2016 (NYSE:FET) www.capitalcube.com - August 16 at 5:05 PM
	Is Flotek Industries’ Share Price Bullish? (NYSE:FET) marketrealist.com - August 11 at 5:11 PM
	Forum Energy Technologies, Inc. (FET) Ownership Decreased by Blackrock Fund Advisors - Finance Daily (NYSE:FET) www.fidaily.com - August 11 at 5:29 AM
	How Related Is CLB’s Share Price to Crude Oil Prices and Production? (NYSE:FET) marketrealist.com - August 9 at 3:43 PM
	Revenue Update on Forum Energy Technologies Inc(NYSE:FET) - Trade Calls (NYSE:FET) www.tradecalls.org - August 8 at 9:47 AM
	Forum Energy Technologies, Inc. breached its 50 day moving average in a Bullish Manner : FET-US : August 8, 2016 (NYSE:FET) www.capitalcube.com - August 8 at 9:47 AM
	FORUM ENERGY TECHNOLOGIES, INC. Financials (NYSE:FET) finance.yahoo.com - August 6 at 5:19 PM
	ETF’s with exposure to Forum Energy Technologies, Inc. : August 5, 2016 (NYSE:FET) www.capitalcube.com - August 5 at 5:04 PM
	Analyst Opinion Summary: Community Health Systems, Inc. (NYSE:CYH), Forum Energy Technologies, Inc. (NYSE:FET) - The Wellesleys News (NYSE:FET) thewellesleysnews.com - August 3 at 5:19 PM
	Traders Recap: Forum Energy Technologies, Inc. (FET), Callon Petroleum Company (CPE), Valero Energy Corporation ... - iStreetWire (NYSE:FET) istreetwire.com - August 3 at 5:19 PM
	Forum Energy Technologies, Inc. :FET-US: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NYSE:FET) www.capitalcube.com - August 3 at 5:19 PM
	Forum Energy Technologies Inc. (FET) Drops 5.39% on August 01 - Equities.com (NYSE:FET) www.equities.com - August 3 at 5:30 AM
	Technical Evaluation For Forum Energy Technologies Inc (NYSE:FET) - The Voice Registrar (NYSE:FET) voiceregistrar.com - August 2 at 5:15 PM
	FORUM ENERGY TECHNOLOGIES, INC. Files SEC form 10-Q, Quarterly Report (NYSE:FET) biz.yahoo.com - August 2 at 5:15 PM
	Stocks with Active Concerns- AbbVie (NYSE:ABBV), Forum Energy Technologies (NYSE:FET), Chubb (NYSE:CB) - Seneca Globe (NYSE:FET) www.senecaglobe.com - July 29 at 10:22 PM
	Edited Transcript of FET earnings conference call or presentation 29-Jul-16 2:00pm GMT (NYSE:FET) finance.yahoo.com - July 29 at 4:21 PM
	Forum Energy Technologies Announces Second Quarter 2016 Results (NYSE:FET) www.businesswire.com - July 29 at 12:04 PM
	Forum Energy Technologies : reports 2Q loss (NYSE:FET) www.4-traders.com - July 29 at 12:04 PM
	Forum Energy Technologies Inc Earnings Call scheduled for 10:00 am ET today (NYSE:FET) biz.yahoo.com - July 29 at 10:00 AM
	FORUM ENERGY TECHNOLOGIES, INC. Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:FET) biz.yahoo.com - July 29 at 6:12 AM
	Forum Energy Technologies Announces Second Quarter 2016 Results - Business Wire (press release) (NYSE:FET) www.businesswire.com - July 28 at 9:31 PM
	Forum Energy reports 2Q loss (NYSE:FET) sg.finance.yahoo.com - July 28 at 7:15 PM
	Q2 2016 Forum Energy Technologies Inc Earnings Release - After Market Close (NYSE:FET) biz.yahoo.com - July 28 at 7:07 AM
	Forum Energy Technologies, Inc. (NYSE:FET) Stock Rises, Analysts: Hold Rating - Review Fortune (NYSE:FET) reviewfortune.com - July 28 at 5:47 AM
	Forum Energy Technologies, Inc. (NYSE:FET) Earns Consensus Hold Rating - Review Fortune (NYSE:FET) reviewfortune.com - July 27 at 7:05 AM
	Forum Energy Technologies Inc. (FET) is Trading Lower on Unusual Volume for July 25 - Equities.com (NYSE:FET) www.equities.com - July 27 at 7:05 AM
	Forum Energy Technologies Inc. (FET) Drops 6.61% on July 25 - Equities.com (NYSE:FET) www.equities.com - July 27 at 7:05 AM
	Forum Energy Technologies Inc : half-yearly earnings release (NYSE:FET) www.4-traders.com - July 26 at 11:09 PM