Forum Energy Technologies Inc's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 74/101 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as , with the highest price target at 33.00.In the medium term, the stock price is expected to trend up.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Forum Energy Technologies Inc's Score
Industry at a Glance
Industry Ranking
74 / 101
Overall Ranking
305 / 4578
Industry
Oil & Gas Related Equipment and Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
0
analysts
--
Current Rating
33.000
Target Price
-4.29%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Forum Energy Technologies Inc Highlights
StrengthsRisks
Forum Energy Technologies, Inc. is a global manufacturing company serving the oil, natural gas, industrial and renewable energy industries. Its segments include Drilling and Completions and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation and intervention markets, including applications in the oil and natural gas, renewable energy, defense and communications industries. The products and solutions include capital equipment and consumable products, wireline cable and pressure control equipment, and coiled tubing strings and pressure control equipment. The Artificial Lift and Downhole segment designs, manufactures and supplies products and solutions for the artificial lift, well construction, production and infrastructure markets. Its products include well construction casing and cementing equipment, customized downhole technology solutions, and others.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 16.65% year-on-year.
Overvalued
The company’s latest PB is 1.41, at a high 3-year percentile range.
Forum Energy Technologies, Inc. is a global manufacturing company serving the oil, natural gas, industrial and renewable energy industries. Its segments include Drilling and Completions and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation and intervention markets, including applications in the oil and natural gas, renewable energy, defense and communications industries. The products and solutions include capital equipment and consumable products, wireline cable and pressure control equipment, and coiled tubing strings and pressure control equipment. The Artificial Lift and Downhole segment designs, manufactures and supplies products and solutions for the artificial lift, well construction, production and infrastructure markets. Its products include well construction casing and cementing equipment, customized downhole technology solutions, and others.
Ticker SymbolFET
CompanyForum Energy Technologies Inc
CEOLux (Neal A)
Websitehttp://www.f-e-t.com/
FAQs
What is the current price of Forum Energy Technologies Inc (FET)?
The current price of Forum Energy Technologies Inc (FET) is 36.560.
What is the symbol of Forum Energy Technologies Inc?
The ticker symbol of Forum Energy Technologies Inc is FET.
What is the 52-week high of Forum Energy Technologies Inc?
The 52-week high of Forum Energy Technologies Inc is 37.464.
What is the 52-week low of Forum Energy Technologies Inc?
The 52-week low of Forum Energy Technologies Inc is 12.780.
What is the market capitalization of Forum Energy Technologies Inc?
The market capitalization of Forum Energy Technologies Inc is 421.06M.
What is the net income of Forum Energy Technologies Inc?
The net income of Forum Energy Technologies Inc is -135.33M.
Is Forum Energy Technologies Inc (FET) currently rated as Buy, Hold, or Sell?
According to analysts, Forum Energy Technologies Inc (FET) has an overall rating of --, with a price target of 33.000.
What is the Earnings Per Share (EPS TTM) of Forum Energy Technologies Inc (FET)?
The Earnings Per Share (EPS TTM) of Forum Energy Technologies Inc (FET) is -9.382.