NYSE:FET

Forum Energy Technologies Stock Forecast, Price & News

$19.20
-0.13 (-0.67 %)
(As of 04/16/2021 04:00 PM ET)
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Today's Range
$18.71
Now: $19.20
$19.29
50-Day Range
$18.35
MA: $20.74
$24.37
52-Week Range
$3.70
Now: $19.20
$24.93
Volume35,819 shs
Average Volume79,536 shs
Market Capitalization$107.52 million
P/E RatioN/A
Dividend YieldN/A
Beta4.27
Forum Energy Technologies, Inc. designs, manufactures, and distributes products to the oil and natural gas industry in the United States and internationally. The company operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, downhole, and subsea markets, as well as other markets, such as alternative energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling; downhole technologies, such as cementing and casing tools, and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, specialty components and tools, and complementary subsea technical services. The Completions segment provides products and related services to the coiled tubing, stimulation, and intervention markets. This segment offers pressure pumping, hydraulic fracturing and flowback services markets, including hydraulic fracturing pumps, cooling systems, flow iron, wireline cable, and pressure control equipment, as well as related recertification and refurbishment services; and coiled tubing products, such as coiled tubing strings and line pipes. The Production segment designs, manufactures, and supplies products, and provides related equipment and services to the production and infrastructure markets. This segment supplies production equipment, including well site production and process equipment; and a range of industrial and process valves. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
Forum Energy Technologies logo

Industry, Sector and Symbol

Industry Oil & gas field machinery
Sub-IndustryOil & Gas Equipment & Services
CUSIP34984V10
Phone281-949-2500
Employees1,400
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$956.50 million
Cash Flow$128.00 per share
Book Value$88.00 per share

Profitability

Net Income$-567,060,000.00

Miscellaneous

Market Cap$107.52 million
Next Earnings Date5/6/2021 (Confirmed)
OptionableOptionable

Headlines

Forum Energy Technologies, Inc. to Host Earnings Call
February 24, 2021 |  finance.yahoo.com
Forum Energy Technologies Is Close To A Possible Recovery
February 10, 2021 |  seekingalpha.com
Forum Energy announces reverse stock-split
October 30, 2020 |  seekingalpha.com
Forum Energy Technologies Inc.R (1FE.SG)
October 16, 2020 |  ca.finance.yahoo.com
Forum Energy Tech completes critical note exchange
August 3, 2020 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

0.83 out of 5 stars

Oils/Energy Sector

336th out of 668 stocks

Oil & Gas Field Machinery Industry

13th out of 21 stocks

Analyst Opinion: 1.0Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
$19.20
-0.13 (-0.67 %)
(As of 04/16/2021 04:00 PM ET)
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Forum Energy Technologies (NYSE:FET) Frequently Asked Questions

Is Forum Energy Technologies a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forum Energy Technologies in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Forum Energy Technologies stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FET, but not buy additional shares or sell existing shares.
View analyst ratings for Forum Energy Technologies
or view top-rated stocks.

What stocks does MarketBeat like better than Forum Energy Technologies?

Wall Street analysts have given Forum Energy Technologies a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Forum Energy Technologies wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Forum Energy Technologies?

Forum Energy Technologies saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 296,600 shares, a drop of 29.7% from the March 15th total of 421,700 shares. Based on an average trading volume of 81,100 shares, the short-interest ratio is currently 3.7 days. Approximately 6.0% of the company's shares are sold short.
View Forum Energy Technologies' Short Interest
.

When is Forum Energy Technologies' next earnings date?

Forum Energy Technologies is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Forum Energy Technologies
.

How can I listen to Forum Energy Technologies' earnings call?

Forum Energy Technologies will be holding an earnings conference call on Thursday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Forum Energy Technologies' earnings last quarter?

Forum Energy Technologies, Inc. (NYSE:FET) posted its quarterly earnings data on Monday, February, 22nd. The oil and gas company reported ($4.80) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($5.20) by $0.40. The oil and gas company had revenue of $113 million for the quarter, compared to the consensus estimate of $115 million. Forum Energy Technologies had a negative net margin of 12.78% and a negative trailing twelve-month return on equity of 21.80%.
View Forum Energy Technologies' earnings history
.

How has Forum Energy Technologies' stock been impacted by COVID-19 (Coronavirus)?

Forum Energy Technologies' stock was trading at $5.60 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FET stock has increased by 242.9% and is now trading at $19.20.
View which stocks have been most impacted by COVID-19
.

When did Forum Energy Technologies' stock split? How did Forum Energy Technologies' stock split work?

Shares of Forum Energy Technologies reverse split before market open on Tuesday, November 10th 2020. The 1-20 reverse split was announced on Friday, October 30th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Monday, November 9th 2020. An investor that had 100 shares of Forum Energy Technologies stock prior to the reverse split would have 5 shares after the split.

What price target have analysts set for FET?

1 equities research analysts have issued 1 year target prices for Forum Energy Technologies' stock. Their forecasts range from $8.00 to $8.00. On average, they anticipate Forum Energy Technologies' stock price to reach $8.00 in the next year. This suggests that the stock has a possible downside of 58.3%.
View analysts' price targets for Forum Energy Technologies
or view top-rated stocks among Wall Street analysts.

Who are Forum Energy Technologies' key executives?

Forum Energy Technologies' management team includes the following people:
  • Mr. C. Christopher Gaut, Pres, CEO & Chairman (Age 65, Pay $1.25M)
  • Mr. David Lyle Williams Jr., Exec. VP & CFO (Age 51, Pay $446.03k)
  • Mr. John C. Ivascu, Exec. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec. (Age 43, Pay $520.08k)
  • Mr. Michael D. Danford, Sr. VP & Chief HR Officer (Age 58, Pay $419.87k)
  • Mr. Neal Lux, Exec. VP & COO (Age 45)
  • Mr. John McElroy, Principal Accounting Officer & Corp. Controller (Age 37)
  • William Austin, VP of Corp. Devel. & Investor Relations
  • Ms. Donna Smith, Director of Marketing & Communications
  • Mr. Tylar K. Schmitt, VP of Fin. & Treasurer (Age 48)

Who are some of Forum Energy Technologies' key competitors?

What other stocks do shareholders of Forum Energy Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Forum Energy Technologies investors own include HD Supply (HDS), Invesque (IVQ), Brookline Bancorp (BRKL), Energy Transfer (ET), CBL & Associates Properties (CBL), NGL Energy Partners (NGL), Ford Motor (F), SandRidge Permian Trust (PER), C3.ai (AI) and Martin Midstream Partners (MMLP).

What is Forum Energy Technologies' stock symbol?

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

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Forum Energy Technologies' stock price today?

One share of FET stock can currently be purchased for approximately $19.20.

How much money does Forum Energy Technologies make?

Forum Energy Technologies has a market capitalization of $107.52 million and generates $956.50 million in revenue each year. The oil and gas company earns $-567,060,000.00 in net income (profit) each year or ($3.80) on an earnings per share basis.

How many employees does Forum Energy Technologies have?

Forum Energy Technologies employs 1,400 workers across the globe.

What is Forum Energy Technologies' official website?

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

Where are Forum Energy Technologies' headquarters?

Forum Energy Technologies is headquartered at 10344 SAM HOUSTON PARK DRIVE SUITE 300, HOUSTON TX, 77064.

How can I contact Forum Energy Technologies?

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]


This page was last updated on 4/17/2021 by MarketBeat.com Staff
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