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


Forum Energy Technologies, Inc. (FET)

Today's Latest Price: $0.56 USD

0.06 (11.63%)

Updated Aug 3 1:51pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 60 in Energy - Services

See all "A" rated Strong Buy stocks

FET Stock Summary

  • FET's price/sales ratio is 0.09; that's higher than the P/S ratio of just 3.06% of US stocks.
  • The volatility of Forum Energy Technologies Inc's share price is greater than that of 96.65% US stocks with at least 200 days of trading history.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for FET comes in at 51.46% -- higher than that of 94.47% of stocks in our set.
  • If you're looking for stocks that are quantitatively similar to Forum Energy Technologies Inc, a group of peers worth examining would be PUMP, CPA, TIPT, MCS, and CCCL.
  • 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 Daily Price Range
FET 52-Week Price Range

FET Stock Price Chart Technical Analysis Charts


FET Price/Volume Stats

Current price $0.56 52-week high $2.23
Prev. close $0.50 52-week low $0.15
Day low $0.55 Volume 5,086,528
Day high $0.65 Avg. volume 4,124,623
50-day MA $0.50 Dividend yield N/A
200-day MA $0.82 Market Cap 62.23M

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.

FET Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$0.56$0.76 52%

We started the process of determining a valid price forecast for Forum Energy Technologies Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Forum Energy Technologies Inc ranked in the 56th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 52.5% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Forum Energy Technologies Inc, consider:

  • The compound growth rate in the free cash flow of Forum Energy Technologies Inc over the past 5.52 years is -0.14%; that's higher than only 20.67% of free cash flow generating stocks in the Energy sector.
  • 10% of the company's capital comes from equity, which is greater than only 4.01% of stocks in our cash flow based forecasting set.
  • Forum Energy Technologies Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -19.36. This coverage rate is greater than that of merely 5.58% of stocks we're observing for the purpose of forecasting via discounted cash flows.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%49%
1%50%
2%52%
3%53%
4%55%
5%56%

For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as FET, try NSFDF, PHX, TNK, DCP, and MTRX.





FET Latest News Stream


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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. Announces Preliminary Results of Pending Exchange Offer

Forum Energy Technologies, Inc. ("Forum" or the "Company") (NYSE: FET) today announced that as of the preliminary tender deadline, which was 5:00 p.m. ET on July 17, 2020, participation in its pending exchange offer for the 6.25% senior notes due 2021 fell short of the amount required to consummate the transaction.

Yahoo | July 20, 2020

Implied Volatility Surging for Forum Energy (FET) Stock Options

Investors need to pay close attention to Forum Energy (FET) stock based on the movements in the options market lately.

Yahoo | July 15, 2020

Forum Energy sees Q2 sales down ~37% sequentially

Forum Energy Technologies (FET) projects Q2 revenue to be in the range of $110M - $115M, a decline of ~37-40% from Q1 revenue of $183M.Free cash flow after capital expenditures and interest expense is now expected to be ~negative $6MFull Q2 earnings is scheduled in the beginning of August 2020....

Seeking Alpha | July 13, 2020

Forum Energy Technologies, Inc. Announces Preliminary Second Quarter 2020 Financial Results

Forum Energy Technologies, Inc. ("Forum" or the "Company") (NYSE: FET) today announced that revenue for the second quarter 2020 is now projected to be in the range of $110 to $115 million, a decline of approximately 37-40% from first quarter revenue of $183 million. Free cash flow after capital expenditures and interest expense for the quarter is now expected to be approximately negative $6 million. Due to the preliminary nature of this guidance, a reconciliation to cash flow from operations is not currently available. A full reconciliation will be provided with the Forum’s second quarter 2020 earnings announcement, which is currently scheduled to be released in the beginning of August 2020.

Yahoo | July 13, 2020

Are Hedge Funds Right About Forum Energy Technologies Inc (FET)?

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]

Yahoo | July 9, 2020

Read More 'FET' Stories Here

FET Price Returns

1-mo N/A
3-mo 36.62%
6-mo -52.54%
1-year -72.82%
3-year -95.84%
5-year -96.14%
YTD -66.67%
2019 -59.32%
2018 -73.44%
2017 -29.32%
2016 76.57%
2015 -39.89%

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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