Forum Energy Technologies, Inc. (FET): Price and Financial Metrics

Forum Energy Technologies, Inc. (FET): $23.60

0.42 (-1.75%)

POWR Rating

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Industry: Energy - Services




#29 of 48

in industry

FET Price/Volume Stats

Current price $23.60 52-week high $33.84
Prev. close $24.02 52-week low $20.30
Day low $22.84 Volume 49,916
Day high $24.06 Avg. volume 75,311
50-day MA $24.75 Dividend yield N/A
200-day MA $26.23 Market Cap 239.49M

FET Stock Price Chart Interactive Chart >


  • Momentum is the dimension where FET ranks best; there it ranks ahead of 99.08% of US stocks.
  • The strongest trend for FET is in Sentiment, which has been heading down over the past 177 days.
  • FET's current lowest rank is in the Quality metric (where it is better than 26% of US stocks).

FET Stock Summary

  • The price/operating cash flow metric for FORUM ENERGY TECHNOLOGIES INC is higher than 95.14% of stocks in our set with a positive cash flow.
  • Of note is the ratio of FORUM ENERGY TECHNOLOGIES INC's sales and general administrative expense to its total operating expenses; 98.54% of US stocks have a lower such ratio.
  • In terms of twelve month growth in earnings before interest and taxes, FORUM ENERGY TECHNOLOGIES INC is reporting a growth rate of 3,572.28%; that's higher than 99.69% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to FORUM ENERGY TECHNOLOGIES INC are SPB, GTIM, NOV, ODC, and FTI.
  • FET's SEC filings can be seen here. And to visit FORUM ENERGY TECHNOLOGIES INC's official web site, go to

FET Valuation Summary

  • FET's EV/EBIT ratio is 16.2; this is 109.03% higher than that of the median Energy stock.
  • Over the past 139 months, FET's price/sales ratio has gone down 1.3.

Below are key valuation metrics over time for FET.

Stock Date P/S P/B P/E EV/EBIT
FET 2023-09-14 0.3 0.6 -39.4 16.2
FET 2023-09-13 0.3 0.6 -38.5 15.9
FET 2023-09-12 0.3 0.6 -39.9 16.3
FET 2023-09-11 0.3 0.6 -38.6 16.0
FET 2023-09-08 0.3 0.6 -38.5 15.9
FET 2023-09-07 0.3 0.6 -38.9 16.0

FET Growth Metrics

    Its 3 year net income to common stockholders growth rate is now at 84.83%.
  • Its 5 year net income to common stockholders growth rate is now at -697.18%.
  • The 2 year net income to common stockholders growth rate now stands at 89.57%.
FET's revenue has moved up $188,896,000 over the prior 15 months.

The table below shows FET's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 657.402 -39.807 -3.053
2022-06-30 616.551 -68.69 -31.117
2022-03-31 581.725 -39.312 -62.187
2021-12-31 541.068 -15.775 -82.651
2021-09-30 505.884 -5.918 -95.756
2021-06-30 468.506 8.316 -105.72

FET's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • FET has a Quality Grade of C, ranking ahead of 46.38% of graded US stocks.
  • FET's asset turnover comes in at 0.541 -- ranking 80th of 104 Machinery stocks.
  • BC, SDPI, and DRQ are the stocks whose asset turnover ratios are most correlated with FET.

The table below shows FET's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.541 0.026 -0.092
2021-03-31 0.477 -0.016 -0.065
2020-12-31 0.509 -0.022 -0.086
2020-09-30 0.558 0.162 -0.069
2020-06-30 0.643 0.199 -0.545
2020-03-31 0.651 0.227 -0.512

FET Price Target

For more insight on analysts targets of FET, see our FET price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $28.00 Average Broker Recommendation 2 (Hold)

Forum Energy Technologies, Inc. (FET) Company Bio

Forum Energy Technologies is a global oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. The company was founded in 2010 and is based in Houston, Texas.

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Latest FET News From Around the Web

Below are the latest news stories about FORUM ENERGY TECHNOLOGIES INC that investors may wish to consider to help them evaluate FET as an investment opportunity.

Forum Energy Technologies, Inc. (NYSE:FET) is favoured by institutional owners who hold 59% of the company

Key Insights Given the large stake in the stock by institutions, Forum Energy Technologies' stock price might be...

Yahoo | September 21, 2023

Investors in Forum Energy Technologies (NYSE:FET) have seen splendid returns of 101% over the past three years

Forum Energy Technologies, Inc. ( NYSE:FET ) shareholders might be concerned after seeing the share price drop 13% in...

Yahoo | August 25, 2023

3 Cryptos to Sell Now If You Think a Hard Landing Is Coming

For those concerned about the potential for volatility among higher-risk assets to pick up, these are three cryptos to sell.

Chris MacDonald on InvestorPlace | August 15, 2023

Forum Energy Technologies to Present at EnerCom Denver – The Energy Investment Conference

HOUSTON, August 14, 2023--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, Chief Executive Officer and President, will present at the EnerCom Denver – The Energy Investment Conference. Mr. Lux’s presentation is scheduled for Tuesday, August 15, 2023 at 3:10 p.m. Mountain Time.

Yahoo | August 14, 2023

28th Annual EnerCom Denver - The Energy Investment Conference Set to be held August 13-16, 2023 in Denver, Colorado

EnerCom, Inc. has finalized presentation times and schedule for participating companies on the conference website for the 28th Annual EnerCom Denver – The Energy Investment Conference, to be held August 13-16, 2023, in Denver, Colorado

Yahoo | August 8, 2023

Read More 'FET' Stories Here

FET Price Returns

1-mo -4.41%
3-mo N/A
6-mo -3.36%
1-year 11.11%
3-year 106.98%
5-year -89.42%
YTD -20.00%
2022 83.80%
2021 34.87%
2020 -64.58%
2019 -59.32%
2018 -73.44%

Continue Researching FET

Want to see what other sources are saying about Forum Energy Technologies Inc's financials and stock price? Try the links below:

Forum Energy Technologies Inc (FET) Stock Price | Nasdaq
Forum Energy Technologies Inc (FET) Stock Quote, History and News - Yahoo Finance
Forum Energy Technologies Inc (FET) Stock Price and Basic Information | MarketWatch

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