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

$1.75
-0.05 (-2.78 %)
(As of 09/22/2019 01:03 PM ET)
Today's Range
$1.72
Now: $1.75
$1.82
50-Day Range
$1.35
MA: $1.70
$2.22
52-Week Range
$1.31
Now: $1.75
$11.67
Volume2.20 million shs
Average Volume1.18 million shs
Market Capitalization$193.17 million
P/E Ratio87.50
Dividend YieldN/A
Beta2.45
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 & 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. Read More…

Industry, Sector and Symbol

Industry Oil & gas field machinery
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
CUSIP34984V10
Phone281-949-2500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.06 billion
Cash Flow$3.8889 per share
Book Value$9.44 per share

Profitability

Net Income$-374,080,000.00

Miscellaneous

Employees2,500
Market Cap$193.17 million
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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) posted 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 earned $245.60 million during 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 company's revenue for the quarter was down 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.01) 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 Monday, November 4th 2019. View Earnings Estimates for Forum Energy Technologies.

What price target have analysts set for FET?

11 equities research analysts have issued 1-year target prices for Forum Energy Technologies' shares. Their predictions range from $1.00 to $12.50. On average, they expect Forum Energy Technologies' stock price to reach $6.2222 in the next twelve months. This suggests a possible upside of 255.6% from the stock's current price. View Analyst Price Targets for Forum Energy Technologies.

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

11 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 3 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?

News stories about FET stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing 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 nearest to five being the most favorable. Forum Energy Technologies earned a news impact 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 media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Forum Energy Technologies.

Are investors shorting Forum Energy Technologies?

Forum Energy Technologies saw a drop in short interest in August. As of August 31st, there was short interest totalling 5,978,500 shares, a drop of 6.7% from the July 31st total of 6,409,500 shares. Based on an average daily trading volume, of 1,220,000 shares, the short-interest ratio is presently 4.9 days. Approximately 6.4% of the shares of the stock are short sold. View Forum Energy Technologies' Current Options Chain.

Who are some of Forum Energy Technologies' key competitors?

What other stocks do shareholders of Forum Energy Technologies own?

Who are Forum Energy Technologies' key executives?

Forum Energy Technologies' management team includes the folowing people:
  • Mr. C. Christopher Gaut, Pres, CEO & Chairman (Age 63)
  • Mr. Pablo G. Mercado, Sr. VP, CFO & Treasurer (Age 42)
  • Mr. David Lyle Williams Jr., Sr. VP of Operations (Age 49)
  • Mr. James L. McCulloch, Chief Compliance Officer & Special Advisor to the CEO (Age 66)
  • Mr. Michael D. Danford, Sr. VP of HR (Age 56)

Who are Forum Energy Technologies' major shareholders?

Forum Energy Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.76%), BlackRock Inc. (5.24%), Perella Weinberg Partners Capital Management LP (4.55%), Citadel Advisors LLC (2.71%), Sapience Investments LLC (2.57%) and Wells Fargo & Company MN (1.95%). Company insiders that own Forum Energy Technologies stock include C Christopher Gaut and Prady Iyyanki. View Institutional Ownership Trends for Forum Energy Technologies.

Which institutional investors are selling Forum Energy Technologies stock?

FET stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Viking Fund Management LLC, Renaissance Technologies LLC, Morgan Stanley, Parametric Portfolio Associates LLC, Boston Partners, Sapience Investments LLC and Marshall Wace LLP. View Insider Buying and Selling for Forum Energy Technologies.

Which institutional investors are buying Forum Energy Technologies stock?

FET stock was bought by a variety of institutional investors in the last quarter, including Perella Weinberg Partners Capital Management LP, Citadel Advisors LLC, Nuveen Asset Management LLC, Balyasny Asset Management LLC, Wells Fargo & Company MN, JPMorgan Chase & Co., Algert Global LLC and Panagora Asset Management Inc.. 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.

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, Robinhood, Fidelity and Charles Schwab.

What is Forum Energy Technologies' stock price today?

One share of FET stock can currently be purchased for approximately $1.75.

How big of a company is Forum Energy Technologies?

Forum Energy Technologies has a market capitalization of $193.17 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.

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 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]


MarketBeat Community Rating for Forum Energy Technologies (NYSE FET)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  381 (Vote Outperform)
Underperform Votes:  641 (Vote Underperform)
Total Votes:  1,022
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 9/22/2019 by MarketBeat.com Staff

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