NYSE:FET - Forum Energy Technologies Stock Price, Forecast & News

Forum Energy Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "FET."

Forum Energy Technologies Inc (NYSE:FET) posted its quarterly earnings data on Thursday, October, 24th. The oil and gas company reported $0.02 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.05) by $0.07. The oil and gas company had revenue of $239.30 million for the quarter, compared to analysts' expectations of $245.31 million. Forum Energy Technologies had a negative return on equity of 0.34% and a negative net margin of 91.13%. View Forum Energy Technologies' Earnings History.

Forum Energy Technologies is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Forum Energy Technologies.

9 Wall Street analysts have issued 12-month price targets for Forum Energy Technologies' stock. Their forecasts range from $1.00 to $4.00. On average, they expect Forum Energy Technologies' share price to reach $2.75 in the next year. This suggests a possible upside of 65.7% from the stock's current price. View Analyst Price Targets for Forum Energy Technologies.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forum Energy Technologies in the last year. There are currently 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Forum Energy Technologies.

News headlines about FET stock have been trending negative recently, according to InfoTrie. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Forum Energy Technologies earned a news impact score of -2.0 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Forum Energy Technologies.

Some companies that are related to Forum Energy Technologies include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), Helix Energy Solutions Group (HLX), Oceaneering International (OII), Oil States International (OIS), RPC (RES), Seacor (CKH), Tidewater (TDW), Matrix Service (MTRX), Newpark Resources (NR), Geospace Technologies (GEOS) and Era Group (ERA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Forum Energy Technologies investors own include Energy Transfer LP Unit (ET), Hawkins (HWKN), CBL & Associates Properties (CBL), Ford Motor (F), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP), Arlington Asset Investment (AI), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP) and Cornerstone Strategic Value Fund (CLM).

Forum Energy Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include Millennium Management LLC (5.24%), Hillman Co. (2.59%), Assenagon Asset Management S.A. (2.21%), State Street Corp (1.77%), Boston Partners (1.52%) and GW&K Investment Management LLC (0.71%). Company insiders that own Forum Energy Technologies stock include Andrew L Waite, C Christopher Gaut, Michael Dewayne Danford and Prady Iyyanki. View Institutional Ownership Trends for Forum Energy Technologies.

FET stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Boston Partners, Barclays PLC, Squarepoint Ops LLC, Energy Opportunities Capital Management LLC and Man Group plc. View Insider Buying and Selling for Forum Energy Technologies.

FET stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Assenagon Asset Management S.A., Hillman Co., William Marsh Rice University, Systematic Financial Management LP, Russell Investments Group Ltd., GW&K Investment Management LLC and Gamco Investors INC. ET AL. Company insiders that have bought Forum Energy Technologies stock in the last two years include Andrew L Waite, C Christopher Gaut, Michael Dewayne Danford and Prady Iyyanki. View Insider Buying and Selling for Forum Energy Technologies.

Shares of FET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of FET stock can currently be purchased for approximately $1.66.

Forum Energy Technologies has a market capitalization of $183.36 million and generates $1.06 billion in revenue each year. The oil and gas company earns $-374,080,000.00 in net income (profit) each year or $0.02 on an earnings per share basis. Forum Energy Technologies employs 2,500 workers across the globe.View Additional Information About Forum Energy Technologies.

The official website for Forum Energy Technologies is http://www.f-e-t.com/.

Forum Energy Technologies' mailing address is 10344 SAM HOUSTON PARK DRIVE SUITE 300, HOUSTON TX, 77064. The oil and gas company can be reached via phone at 281-949-2500 or via email at [email protected]