Forum Energy Technologies Stock Price, News & 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) issued its quarterly earnings data on Thursday, July, 25th. The oil and gas company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.03. The oil and gas company had revenue of $245.60 million for the quarter, compared to the consensus estimate of $254.91 million. Forum Energy Technologies had a negative return on equity of 0.20% and a negative net margin of 38.63%. The business's revenue for the quarter was down 10.4% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.01) earnings per share. View Forum Energy Technologies' Earnings History.

Forum Energy Technologies is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Forum Energy Technologies.

Forum Energy Technologies will be holding an earnings conference call on Friday, October 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

10 equities research analysts have issued 12 month target prices for Forum Energy Technologies' shares. Their forecasts range from $1.00 to $10.00. On average, they anticipate Forum Energy Technologies' stock price to reach $4.19 in the next year. This suggests a possible upside of 254.9% from the stock's current price. View Analyst Price Targets for Forum Energy Technologies.

10 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Forum Energy Technologies.

Media headlines about FET stock have trended somewhat positive on Wednesday, according to InfoTrie. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Forum Energy Technologies earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Forum Energy Technologies.

Forum Energy Technologies saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 3,840,000 shares, a decrease of 34.0% from the August 30th total of 5,820,000 shares. Based on an average daily volume of 1,300,000 shares, the days-to-cover ratio is currently 3.0 days. Approximately 4.1% of the company's shares are short sold. View Forum Energy Technologies' Current Options Chain.

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

Forum Energy Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Hillman Co. (2.59%), Assenagon Asset Management S.A. (2.21%) and Rhumbline Advisers (0.16%). 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. and Rhumbline Advisers. 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 $1.18.

Forum Energy Technologies has a market capitalization of $130.24 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]