NYSE:FET - Forum Energy Technologies Stock Price, Price Target & More

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

Forum Energy Technologies Inc (NYSE:FET) released its quarterly earnings results on Tuesday, May, 1st. The oil and gas company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.02. The oil and gas company had revenue of $250.20 million for the quarter, compared to analyst estimates of $245.23 million. Forum Energy Technologies had a negative return on equity of 2.40% and a negative net margin of 1.48%. View Forum Energy Technologies' Earnings History.

Forum Energy Technologies is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Forum Energy Technologies.

11 analysts have issued 1 year price targets for Forum Energy Technologies' shares. Their forecasts range from $10.00 to $24.00. On average, they expect Forum Energy Technologies' share price to reach $14.30 in the next year. This suggests a possible upside of 19.2% from the stock's current price. View Analyst Ratings for Forum Energy Technologies.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forum Energy Technologies in the last year. There are currently 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Forum Energy Technologies include Weatherford International (WFT), Cactus (WHD), Dril-Quip (DRQ), Oil States International (OIS), NOW (DNOW), Newpark Resources (NR), Solaris Oilfield Infrastructure (SOI), QS Energy (QSEP), Deep Down (DPDW) and Freestone Resources (FSNR).

News coverage about FET stock has been trending somewhat negative this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Forum Energy Technologies earned a news impact score of -0.02 on Accern's scale. They also gave media coverage about the oil and gas company an impact score of 46.89 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Forum Energy Technologies' stock is owned by many different of retail and institutional investors. Top institutional investors include Viking Fund Management LLC (0.51%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Forum Energy Technologies stock include David C Baldwin, James Whelan Harris 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 Viking Fund Management LLC. View Insider Buying and Selling for Forum Energy Technologies.

FET stock was purchased by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C.. 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, Scottrade, Fidelity and Charles Schwab.

One share of FET stock can currently be purchased for approximately $12.00.

Forum Energy Technologies has a market capitalization of $1.31 billion and generates $818.60 million in revenue each year. The oil and gas company earns $-59,400,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis. Forum Energy Technologies employs 2,600 workers across the globe.

Forum Energy Technologies' mailing address is 920 MEMORIAL CITY WAY SUITE 1000, HOUSTON TX, 77024. The oil and gas company can be reached via phone at 281-949-2500 or via email at [email protected]