Forum Energy Technologies (FET) Stock Forecast, Price & News

Forum Energy Technologies' stock was trading at $29.50 on January 1st, 2023. Since then, FET shares have decreased by 22.9% and is now trading at $22.73.
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Forum Energy Technologies saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 62,400 shares, an increase of 5.6% from the April 15th total of 59,100 shares. Based on an average daily trading volume, of 84,100 shares, the short-interest ratio is presently 0.7 days. Currently, 0.7% of the company's shares are short sold.
View Forum Energy Technologies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our FET earnings forecast.

Forum Energy Technologies, Inc. (NYSE:FET) announced its quarterly earnings data on Monday, February, 20th. The oil and gas company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.37) by $0.08. The oil and gas company had revenue of $190.70 million for the quarter. Forum Energy Technologies had a negative trailing twelve-month return on equity of 2.22% and a net margin of 1.29%.

ETFs with the largest weight of Forum Energy Technologies (NYSE:FET) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC),

Forum Energy Technologies shares 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 stock prior to the reverse split would have 5 shares after the split.

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).

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

Forum Energy Technologies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.71%), Allspring Global Investments Holdings LLC (2.32%), Tejara Capital Ltd (1.95%), Hotchkis & Wiley Capital Management LLC (1.85%), Two Sigma Advisers LP (1.06%) and Acadian Asset Management LLC (0.99%). Insiders that own company stock include C Christopher Gaut, John A Carrig, Michael Mcshane, Neal Lux and Scf Partners, Inc.
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Shares of FET stock 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.
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One share of FET stock can currently be purchased for approximately $22.73.

Forum Energy Technologies (NYSE:FET) has a market capitalization of $230.71 million and generates $699.90 million in revenue each year. The oil and gas company earns $3.71 million in net income (profit) each year or $0.41 on an earnings per share basis.

The company employs 1,500 workers across the globe.

Forum Energy Technologies' mailing address is 10344 SAM HOUSTON PARK DRIVE SUITE 300, HOUSTON TX, 77064. The official website for the company is www.f-e-t.com. The oil and gas company can be reached via phone at (713) 351-7900, via email at ir@f-e-t.com, or via fax at 281-949-2554.