Forum Energy Technologies, Inc. (FET): Price and Financial Metrics
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FET POWR Grades
- FET scores best on the Momentum dimension, with a Momentum rank ahead of 77.93% of US stocks.
- The strongest trend for FET is in Growth, which has been heading up over the past 163 days.
- FET ranks lowest in Sentiment; there it ranks in the 9th percentile.
FET Stock Summary
- FET's price/sales ratio is 0.22; that's higher than the P/S ratio of only 3.23% of US stocks.
- As for revenue growth, note that FET's revenue has grown -15.59% over the past 12 months; that beats the revenue growth of just 11.24% of US companies in our set.
- Forum Energy Technologies Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 66.96%, greater than the shareholder yield of 97.11% of stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to Forum Energy Technologies Inc are EAST, SMTS, PLBY, MTW, and DOOR.
- Visit FET's SEC page to see the company's official filings. To visit the company's web site, go to www.f-e-t.com.
FET Valuation Summary
- FET's price/earnings ratio is -1; this is 104.98% lower than that of the median Energy stock.
- FET's EV/EBIT ratio has moved down 20.3 over the prior 114 months.
- FET's price/earnings ratio has moved down 20.6 over the prior 114 months.
Below are key valuation metrics over time for FET.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| FET | 2021-09-03 | 0.2 | 0.3 | -1.0 | -4.8 |
| FET | 2021-09-02 | 0.2 | 0.3 | -1.1 | -4.8 |
| FET | 2021-09-01 | 0.2 | 0.3 | -1.0 | -4.8 |
| FET | 2021-08-31 | 0.2 | 0.3 | -1.0 | -4.8 |
| FET | 2021-08-30 | 0.2 | 0.3 | -1.0 | -4.8 |
| FET | 2021-08-27 | 0.2 | 0.3 | -1.0 | -4.8 |
FET Growth Metrics
- The 3 year price growth rate now stands at -65.22%.
- Its 3 year revenue growth rate is now at 22.69%.
- Its year over year cash and equivalents growth rate is now at -7.47%.
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 |
|---|---|---|---|
| 2021-09-30 | 505.884 | -5.918 | -95.756 |
| 2021-06-30 | 468.506 | 8.316 | -105.72 |
| 2021-03-31 | 444.361 | 0.978 | -89.408 |
| 2020-12-31 | 512.476 | 3.883 | -96.889 |
| 2020-09-30 | 599.29 | 30.194 | -76.637 |
| 2020-06-30 | 734.95 | 61.283 | -588.073 |
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) |
FET Stock Price Chart Interactive Chart >
FET Price/Volume Stats
| Current price | $17.56 | 52-week high | $28.50 |
| Prev. close | $17.75 | 52-week low | $14.02 |
| Day low | $16.41 | Volume | 23,274 |
| Day high | $17.59 | Avg. volume | 28,415 |
| 50-day MA | $17.69 | Dividend yield | N/A |
| 200-day MA | $20.56 | Market Cap | 99.74M |
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.
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. -- Moody's announces completion of a periodic review of ratings of Forum Energy Technologies, Inc.Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Forum Energy Technologies, Inc.Global Credit Research - 20 Jan 2022New York, January 20, 2022 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Forum Energy Technologies, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 19 January 2022 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology (ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic re... |
Forum Energy Technologies: Steady Order Book Builds The PillarFET's Order Book Turns Healthy Demand for Forum Energy Technologies' (FET) drilling and completion equipment has been increasing for the past couple of quarters, as reflected in the rising book-to-bill ratio. Not only does the short-cycle product offerings see increased requirement in the market but it is leveraging its deepsea... |
State Street Corp Purchases Shares of 14,974 Forum Energy Technologies, Inc. (NYSE:FET)State Street Corp purchased a new stake in shares of Forum Energy Technologies, Inc. (NYSE:FET) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 14,974 shares of the oil and gas companys stock, valued at approximately $352,000. Other large investors have also recently modified their holdings of the company. BlackRock Inc. lifted its holdings [] |
Forum Energy Promotes Neal Lux To Succeed Christopher Gaut As President And CEO - Quick Facts(RTTNews) - Forum Energy Technologies, Inc. (FET) announced Monday that as part of the company''s executive management succession planning process, its Board of Directors appointed Neal Lux as President and Chief Executive Officer, effective February 18, 2022. Lux currently serves as Executive Vice President and Chief Operating Officer. |
Forum Energy Technologies promotes exec to CEOHouston-based Forum Energy Technologies Inc. (NYSE: FET) will get a new top executive next year. COO Neal Lux will be the company's new president and CEO as well as a Class II director, effective Feb. 18. According to FET's most recent annual proxy statement filed with the U.S. Securities and Exchange Commission on April 1, Gaut's 2020 base salary was $669,231, an 11% decrease from his 2019 base salary of $752,060. |
FET Price Returns
| 1-mo | N/A |
| 3-mo | -24.08% |
| 6-mo | -19.23% |
| 1-year | 17.54% |
| 3-year | -82.65% |
| 5-year | -96.16% |
| YTD | 9.41% |
| 2021 | 34.87% |
| 2020 | -64.58% |
| 2019 | -59.32% |
| 2018 | -73.44% |
| 2017 | -29.32% |
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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