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

Forum Energy Technologies, Inc. (FET): $18.25

0.05 (+0.27%)

POWR Rating

Component Grades

Momentum

B

Stability

B

Sentiment

Quality

C

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Industry: Energy - Services

Industry

C

Ranked

#20 of 50

in industry

FET Price/Volume Stats

Current price $18.25 52-week high $28.73
Prev. close $18.20 52-week low $17.65
Day low $18.11 Volume 38,100
Day high $18.87 Avg. volume 33,391
50-day MA $19.67 Dividend yield N/A
200-day MA $22.78 Market Cap 224.18M

FET Stock Price Chart Interactive Chart >

FET POWR Grades

  • Value is the dimension where FET ranks best; there it ranks ahead of 78.71% of US stocks.
  • The strongest trend for FET is in Stability, which has been heading up over the past 26 weeks.
  • FET ranks lowest in Growth; there it ranks in the 38th percentile.

FET Stock Summary

  • Of note is the ratio of FORUM ENERGY TECHNOLOGIES INC's sales and general administrative expense to its total operating expenses; 98.56% of US stocks have a lower such ratio.
  • With a price/sales ratio of 0.31, FORUM ENERGY TECHNOLOGIES INC has a higher such ratio than merely 9.82% of stocks in our set.
  • With a year-over-year growth in debt of -30.38%, FORUM ENERGY TECHNOLOGIES INC's debt growth rate surpasses merely 10.63% of about US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to FORUM ENERGY TECHNOLOGIES INC are KRO, EDUC, LCUT, ZUMZ, and HFFG.
  • FET's SEC filings can be seen here. And to visit FORUM ENERGY TECHNOLOGIES INC's official web site, go to www.f-e-t.com.

FET Valuation Summary

  • FET's price/sales ratio is 0.3; this is 77.78% lower than that of the median Energy stock.
  • Over the past 143 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 2023-12-28 0.3 0.6 -15.4 26.4
FET 2023-12-27 0.3 0.6 -15.6 26.6
FET 2023-12-26 0.3 0.6 -15.7 26.7
FET 2023-12-22 0.3 0.6 -15.9 26.9
FET 2023-12-21 0.3 0.6 -15.8 26.8
FET 2023-12-20 0.3 0.6 -15.5 26.5

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 Receives Approval to Proceed with Variperm Acquisition from Canadian Competition Bureau

HOUSTON, December 21, 2023--Forum Energy Technologies, Inc. (NYSE: FET) today announced that it has received approval from the Canadian Competition Bureau to proceed with its planned acquisition of Variperm Energy Services.

Yahoo | December 21, 2023

3 Blockchain Stocks to Decentralize Your Investments in 2024

Unlock investment opportunities with 2024's top blockchain stocks to buy, riding the wave of BTC's rise and financial market transformation

Muslim Farooque on InvestorPlace | December 19, 2023

Have $10? AI Predicts These 3 Cryptos Can Turn It Into $10,000

Bard believes these small-cap cryptos have enough growth room to help you realize 1,000X gains.

Omor Ibne Ehsan on InvestorPlace | December 17, 2023

3 Stocks at the Cutting Edge of Blockchain Technology

Blockchain stocks should be on every growth investor's radar amid the upcoming halving event and general industry growth.

Matthew Farley on InvestorPlace | December 6, 2023

Presenting on the Emerging Growth Conference 65 Day 2 on December 7th Register Now

MIAMI, Dec. 06, 2023 (GLOBE NEWSWIRE) -- EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 65th Emerging Growth Conference on December 6th and 7th, 2023. The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth. Register for the Conference here. Submit Questions for any of the presenting

Yahoo | December 6, 2023

Read More 'FET' Stories Here

FET Price Returns

1-mo -9.02%
3-mo -19.25%
6-mo -24.08%
1-year -20.82%
3-year -11.58%
5-year -84.99%
YTD -17.68%
2023 -24.85%
2022 83.80%
2021 34.87%
2020 -64.58%
2019 -59.32%

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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