How have FET shares performed in 2024?

Forum Energy Technologies' stock was trading at $22.17 at the start of the year. Since then, FET shares have decreased by 11.8% and is now trading at $19.55. View the best growth stocks for 2024 here .

Are investors shorting Forum Energy Technologies?

Forum Energy Technologies saw a increase in short interest in March. As of March 15th, there was short interest totaling 118,900 shares, an increase of 18.1% from the February 29th total of 100,700 shares. Based on an average trading volume of 31,800 shares, the days-to-cover ratio is currently 3.7 days. Approximately 1.1% of the shares of the stock are short sold. View Forum Energy Technologies' Short Interest .

When is Forum Energy Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our FET earnings forecast .

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

Forum Energy Technologies will be holding an earnings conference call on Friday, May 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Forum Energy Technologies' earnings last quarter?

Forum Energy Technologies, Inc. (NYSE:FET) announced its quarterly earnings data on Thursday, February, 29th. The oil and gas company reported ($0.39) earnings per share for the quarter. The oil and gas company had revenue of $185.20 million for the quarter. Forum Energy Technologies had a negative net margin of 2.56% and a negative trailing twelve-month return on equity of 0.38%.

When did Forum Energy Technologies' stock split?

Forum Energy Technologies's stock reverse split 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.

What guidance has Forum Energy Technologies issued on next quarter's earnings?

Forum Energy Technologies updated its first quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $200.0 million-$220.0 million.

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) .

Who are Forum Energy Technologies' major shareholders?

Forum Energy Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.07%). Insiders that own company stock include C Christopher Gaut, John A Carrig, John C Ivascu, Michael Mcshane, Neal Lux and Scf Partners, Inc. View institutional ownership trends .

How do I buy shares of Forum Energy Technologies?

Shares of FET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:FET

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

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$19.55

+0.54 (+2.84%)

(As of 04/19/2024 ET)

Compare

Today's Range: $18.90
▼
$19.55
50-Day Range: $17.76
▼
$20.27
52-Week Range: $17.65
▼
$28.73

Volume: 42,462 shs
Average Volume: 31,981 shs
Market Capitalization: $240.15 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Get Forum Energy Technologies alerts:

Forum Energy Technologies MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.12% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.00
Based on 3 Articles This Week
Insider Trading: Selling Shares
$38,500 Sold Last Quarter
Proj. Earnings Growth: 715.38%
From $0.13 to $1.06 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.58 out of 5 stars

Oils/Energy Sector

139th out of 227 stocks

Oil & Gas Field Machinery Industry

11th out of 13 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Forum Energy Technologies.

3.0

Short Interest

Percentage of Shares Shorted
1.12% of the float of Forum Energy Technologies has been sold short.
Short Interest Ratio / Days to Cover
Forum Energy Technologies has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Forum Energy Technologies has recently increased by 1.35%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Forum Energy Technologies does not currently pay a dividend.
Dividend Growth
Forum Energy Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FET.

3.3

News and Social Media Coverage

News Sentiment
Forum Energy Technologies has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Forum Energy Technologies this week, compared to 1 article on an average week.
Search Interest
29 people have searched for FET on MarketBeat in the last 30 days. This is an increase of 1,350% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Forum Energy Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $38,500.00 in company stock.
Percentage Held by Insiders
Only 6.20% of the stock of Forum Energy Technologies is held by insiders.
Percentage Held by Institutions
65.60% of the stock of Forum Energy Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Forum Energy Technologies are expected to grow by 715.38% in the coming year, from $0.13 to $1.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Forum Energy Technologies is -10.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Forum Energy Technologies is -10.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Forum Energy Technologies has a P/B Ratio of 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Forum Energy Technologies Stock (NYSE:FET)

Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It 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, well construction, artificial lift, and subsea energy construction and services markets, including applications in oil and natural gas, renewable energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment, and products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe and related services. The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets. This segment offers engineered process systems, production equipment, specialty separation equipment, and various industrial valves for oil and natural gas customers, power generation, renewable energy, and other general industrial applications. 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.

FET Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FET Stock News Headlines

April 16, 2024 | finance.yahoo.com

Forum Energy Technologies Announces Timing of First Quarter 2024 Earnings Conference Call

April 14, 2024 | americanbankingnews.com

Forum Energy Technologies (NYSE:FET) Upgraded to Buy at StockNews.com

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 4, 2024 | msn.com

Keiretsu Forum to Spotlight High-Potential Startups at ACA Summit

April 3, 2024 | msn.com

Energy demand transformation could lead to $2t in annual savings

March 28, 2024 | msn.com

FET, VTNR among major energy gainers

March 19, 2024 | money.usnews.com

Forum Energy Technologies Inc

March 15, 2024 | finance.yahoo.com

FET Mar 2024 17.500 call

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

March 4, 2024 | finance.yahoo.com

Forum Energy Technologies, Inc. (NYSE:FET) Q4 2023 Earnings Call Transcript

March 2, 2024 | seekingalpha.com

Forum Energy Technologies, Inc. (FET) Q4 2023 Earnings Call Transcript

March 2, 2024 | finance.yahoo.com

Forum Energy Technologies Full Year 2023 Earnings: US$1.85 loss per share (vs US$0.65 profit in FY 2022)

March 2, 2024 | finance.yahoo.com

Q4 2023 Forum Energy Technologies Inc Earnings Call

March 2, 2024 | gurufocus.com

Q4 2023 Forum Energy Technologies Inc Earnings Call Transcript

February 29, 2024 | businesswire.com

Forum Energy Technologies Announces Fourth Quarter and Full Year 2023 Results and Outlook

February 28, 2024 | businesswire.com

Forum Energy Technologies Reschedules Fourth Quarter and Full Year 2023 Earnings Conference Call

February 20, 2024 | finance.yahoo.com

Forum Energy Technologies Reports Preliminary Full Year 2023 Results and Issues 2024 Guidance

February 20, 2024 | msn.com

Forum Energy to delay earnings release, sees FY 2023 preliminary revenue $739M

February 20, 2024 | businesswire.com

Forum Energy Technologies to Delay Issuance of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call; Provides Preliminary Results and 2024 Guidance

February 19, 2024 | businesswire.com

Forum Energy Technologies to Delay Issuance of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call; Provides Preliminary Results and 2024 Guidance

February 17, 2024 | finance.yahoo.com

FET Jul 2024 17.500 call

February 8, 2024 | finance.yahoo.com

The past five years for Forum Energy Technologies (NYSE:FET) investors has not been profitable

January 31, 2024 | msn.com

CEO of FET operator Fetch.ai offers reassurance after UK firm administration amid $1 million court case

January 23, 2024 | finance.yahoo.com

Forum Energy Technologies Announces Timing of Fourth Quarter and Full Year 2023 Earnings Conference Call

January 16, 2024 | finance.yahoo.com

Forum Energy Technologies to Present at the Sidoti Virtual Investor Conference

January 12, 2024 | finance.yahoo.com

This Forum Energy Technologies Insider Increased Their Holding By 22% Last Year

January 5, 2024 | msn.com

Forum Energy Gains on Buying Variperm

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Oil & gas field machinery
Sub-Industry: Oil & Gas Equipment & Services
Current Symbol: NYSE:FET
CUSIP: 34984V10
CIK: 1401257
Web: www.f-e-t.com
Phone: (713) 351-7900
Fax: 281-949-2554
Employees: 1,600
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($1.85)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 150.38
P/E Growth: N/A
Net Income: $-18,880,000.00
Net Margins: -2.56%
Pretax Margin: -1.06%
Return on Equity: -0.38%
Return on Assets: -0.19%

Debt

Debt-to-Equity Ratio: 0.31
Current Ratio: 2.59
Quick Ratio: 1.13

Sales & Book Value

Annual Sales: $738.86 million
Price / Sales: 0.33
Cash Flow: $3.31 per share
Price / Cash Flow: 5.90
Book Value: $40.48 per share
Price / Book: 0.48

Miscellaneous

Outstanding Shares: 12,284,000
Free Float: 11,522,000
Market Cap: $240.15 million
Optionable: Optionable
Beta: 2.60

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Key Executives

Mr. Neal A. Lux (Age 48)
President, CEO & Director
Comp: $1.19M
Mr. David Lyle Williams Jr. (Age 54)
Executive VP & CFO
Comp: $778.53k
Mr. John C. Ivascu (Age 46)
Executive VP, General Counsel, Chief Compliance Officer & Corporate Secretary
Comp: $623.04k
Ms. Katherine T. Keller (Age 40)
Senior VP & Chief Accounting Officer
Rob Kukla
Director of Investor Relations
Mr. Michael D. Danford (Age 61)
Senior VP & Chief Human Resources Officer
Comp: $419.87k
Mr. Steven Pounds (Age 51)
Senior Vice President of Operations
Mr. Mark Brookes (Age 48)
Senior Vice President of Operations
Mr. Tylar K. Schmitt (Age 51)
VP of Finance & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FET Stock Analysis - Frequently Asked Questions

How have FET shares performed in 2024?: Forum Energy Technologies' stock was trading at $22.17 at the start of the year. Since then, FET shares have decreased by 11.8% and is now trading at $19.55.
View the best growth stocks for 2024 here.
Are investors shorting Forum Energy Technologies?: Forum Energy Technologies saw a increase in short interest in March. As of March 15th, there was short interest totaling 118,900 shares, an increase of 18.1% from the February 29th total of 100,700 shares. Based on an average trading volume of 31,800 shares, the days-to-cover ratio is currently 3.7 days. Approximately 1.1% of the shares of the stock are short sold.
View Forum Energy Technologies' Short Interest.
When is Forum Energy Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our FET earnings forecast.
How can I listen to Forum Energy Technologies' earnings call?: Forum Energy Technologies will be holding an earnings conference call on Friday, May 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Forum Energy Technologies' earnings last quarter?: Forum Energy Technologies, Inc. (NYSE:FET) announced its quarterly earnings data on Thursday, February, 29th. The oil and gas company reported ($0.39) earnings per share for the quarter. The oil and gas company had revenue of $185.20 million for the quarter. Forum Energy Technologies had a negative net margin of 2.56% and a negative trailing twelve-month return on equity of 0.38%.
When did Forum Energy Technologies' stock split?: Forum Energy Technologies's stock reverse split 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.

What guidance has Forum Energy Technologies issued on next quarter's earnings?: Forum Energy Technologies updated its first quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $200.0 million-$220.0 million.
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).
Who are Forum Energy Technologies' major shareholders?: Forum Energy Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.07%). Insiders that own company stock include C Christopher Gaut, John A Carrig, John C Ivascu, Michael Mcshane, Neal Lux and Scf Partners, Inc.
View institutional ownership trends.
How do I buy shares of Forum Energy Technologies?: Shares of FET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FET) was last updated on 4/19/2024 by MarketBeat.com Staff

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

Forum Energy Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Forum Energy Technologies Stock (NYSE:FET)

FET Stock Price History

FET Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

FET Stock Analysis - Frequently Asked Questions

Overall MarketRank^™