Forum Energy Technologies Stock Price, Forecast & Analysis (NYSE:FET)

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

Forum Energy Technologies Inc (NYSE:FET) announced its earnings results on Thursday, October, 24th. The oil and gas company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.07. The oil and gas company had revenue of $239.30 million for the quarter, compared to the consensus estimate 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 brokerages have issued 12-month price targets for Forum Energy Technologies' shares. Their forecasts range from $1.00 to $6.00. On average, they anticipate Forum Energy Technologies' share price to reach $3.36 in the next twelve months. This suggests a possible upside of 208.0% 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.

Headlines about FET stock have been trending positive on Wednesday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Forum Energy Technologies earned a media sentiment score of 2.6 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Forum Energy Technologies.

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

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), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Government Properties Income Trust (GOV) and Navios Maritime Midstream Partners (NAP).

Forum Energy Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Hillman Co. (2.59%), Assenagon Asset Management S.A. (2.21%), GW&K Investment Management LLC (0.71%), Systematic Financial Management LP (0.24%), Rhumbline Advisers (0.16%) and Russell Investments Group Ltd. (0.12%). Company insiders that own Forum Energy Technologies stock include C Christopher Gaut and Prady Iyyanki. View Institutional Ownership Trends for Forum Energy Technologies.

FET stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Hillman Co., Systematic Financial Management LP, Russell Investments Group Ltd., GW&K Investment Management LLC, Gamco Investors INC. ET AL, Rhumbline Advisers and SG Americas Securities LLC. Company insiders that have bought Forum Energy Technologies stock in the last two years include C Christopher Gaut 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 $1.09.

Forum Energy Technologies has a market capitalization of $120.41 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]