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

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$4.55 -0.14 (-2.99 %)
(As of 12/19/2018 02:33 AM ET)
Previous Close$4.69
Today's Range$4.47 - $4.77
52-Week Range$4.47 - $17.95
Volume1.13 million shs
Average Volume1.09 million shs
Market Capitalization$510.90 million
P/E Ratio-11.97
Dividend YieldN/A
Beta1.95
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 in three segments: Drilling & Subsea, Completions, and Production & Infrastructure. The Drilling & Subsea segment designs and manufactures products, and provides related services to the drilling, energy subsea construction and service markets, and 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; and subsea technologies, including robotic vehicles and other capital equipment, specialty components and tools, complementary subsea technical services and rental items, and products used in pipeline infrastructure. The Completions segment provides products and related services to the well construction, completion, stimulation, and intervention markets. This segment offers downhole technologies comprising cementing and casing tools, completion products, and a range of downhole cable protection solutions; and stimulation and intervention technologies, including pumps and well stimulation consumable products, and related recertification and refurbishment services. The Production & Infrastructure 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Oil & gas field machinery
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Current SymbolNYSE:FET
Previous Symbol
CUSIP34984V10
Phone281-949-2500

Debt

Debt-to-Equity Ratio0.33
Current Ratio3.47
Quick Ratio1.25

Price-To-Earnings

Trailing P/E Ratio-11.97
Forward P/E Ratio-56.88
P/E GrowthN/A

Sales & Book Value

Annual Sales$818.60 million
Price / Sales0.61
Cash Flow$0.8733 per share
Price / Cash Flow5.21
Book Value$13.03 per share
Price / Book0.35

Profitability

EPS (Most Recent Fiscal Year)($0.38)
Net Income$-59,400,000.00
Net Margins5.87%
Return on Equity-0.74%
Return on Assets-0.49%

Miscellaneous

Employees2,600
Outstanding Shares109,170,000
Market Cap$510.90 million
OptionableOptionable

Forum Energy Technologies (NYSE:FET) Frequently Asked Questions

What is Forum Energy Technologies' stock symbol?

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

How were Forum Energy Technologies' earnings last quarter?

Forum Energy Technologies Inc (NYSE:FET) released its quarterly earnings results on Monday, October, 29th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.01. The oil and gas company had revenue of $267 million for the quarter, compared to analyst estimates of $283.19 million. Forum Energy Technologies had a net margin of 5.87% and a negative return on equity of 0.74%. The business's revenue for the quarter was up 34.4% on a year-over-year basis. During the same period in the previous year, the company earned ($0.10) earnings per share. View Forum Energy Technologies' Earnings History.

When is Forum Energy Technologies' next earnings date?

Forum Energy Technologies is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Forum Energy Technologies.

What price target have analysts set for FET?

14 analysts have issued 12 month price targets for Forum Energy Technologies' shares. Their forecasts range from $7.00 to $16.00. On average, they expect Forum Energy Technologies' stock price to reach $12.0385 in the next twelve months. This suggests a possible upside of 164.6% from the stock's current price. View Analyst Price Targets for Forum Energy Technologies.

What is the consensus analysts' recommendation for Forum Energy Technologies?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forum Energy Technologies in the last year. There are currently 10 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Forum Energy Technologies.

Has Forum Energy Technologies been receiving favorable news coverage?

Media coverage about FET stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news 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 1.3 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

Who are some of Forum Energy Technologies' key competitors?

Who are Forum Energy Technologies' key executives?

Forum Energy Technologies' management team includes the folowing people:
  • Mr. Prady Iyyanki, Pres, CEO & Director (Age 48)
  • Mr. Pablo G. Mercado, Sr. VP & CFO (Age 41)
  • Mr. James L. McCulloch, Exec. VP, Gen. Counsel & Sec. (Age 65)
  • Mr. Michael D. Danford, Sr. VP of HR (Age 55)
  • Mr. James Whelan Harris, Exec. Officer (Age 59)

Who are Forum Energy Technologies' major shareholders?

Forum Energy Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.43%), Vanguard Group Inc (6.43%), BlackRock Inc. (5.34%), Dimensional Fund Advisors LP (5.25%), Standard Life Aberdeen plc (4.77%) and Vaughan Nelson Investment Management L.P. (3.52%). Company insiders that own Forum Energy Technologies stock include James Whelan Harris and Prady Iyyanki. View Institutional Ownership Trends for Forum Energy Technologies.

Which major investors are selling Forum Energy Technologies stock?

FET stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Point72 Asset Management L.P., BP Capital Fund Advisors LLC, Morgan Stanley, Vaughan Nelson Investment Management L.P., Energy Opportunities Capital Management LLC, Dimensional Fund Advisors LP and Viking Fund Management LLC. View Insider Buying and Selling for Forum Energy Technologies.

Which major investors are buying Forum Energy Technologies stock?

FET stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Massachusetts Financial Services Co. MA, Wells Fargo & Company MN, Citadel Advisors LLC, Standard Life Aberdeen plc and BlackRock Inc.. View Insider Buying and Selling for Forum Energy Technologies.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Forum Energy Technologies' stock price today?

One share of FET stock can currently be purchased for approximately $4.55.

How big of a company is Forum Energy Technologies?

Forum Energy Technologies has a market capitalization of $510.90 million 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.

What is Forum Energy Technologies' official website?

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

How can I contact Forum Energy Technologies?

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]


MarketBeat Community Rating for Forum Energy Technologies (NYSE FET)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  344 (Vote Outperform)
Underperform Votes:  578 (Vote Underperform)
Total Votes:  922
MarketBeat's community ratings are surveys of what our community members think about Forum Energy Technologies and other stocks. Vote "Outperform" if you believe FET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FET will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/19/2018 by MarketBeat.com Staff

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