The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a . Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 6.79, which is lower than the Oil & Gas Related Equipment and Services industry's average of 7.42. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 199.76M, representing a year-over-year decrease of 2.65%, while its net profit experienced a year-over-year decrease of 214.99%.
The company’s current valuation score is 4.00, which is lower than the Oil & Gas Related Equipment and Services industry's average of 4.36. Its current P/E ratio is -2.97, which is -38.14% below the recent high of -1.84 and -207.73% above the recent low of -9.14.
There is no earnings forecast score for this company; the Oil & Gas Related Equipment and Services industry's average is 7.60. The average price target for Forum Energy Technologies Inc is 31.00, with a high of 31.00 and a low of 31.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 8.71, which is higher than the Oil & Gas Related Equipment and Services industry's average of 7.99. Sideways: Currently, the stock price is trading between the resistance level at 28.43 and the support level at 23.75, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 7.00, which is lower than the Oil & Gas Related Equipment and Services industry's average of 7.45. The latest institutional shareholding proportion is 76.84%, representing a quarter-over-quarter increase of 0.29%. The largest institutional shareholder is The Vanguard, holding a total of 644.60K shares, representing 5.42% of shares outstanding, with 8.94% increase in holdings.
The company’s current risk assessment score is 4.80, which is higher than the Oil & Gas Related Equipment and Services industry's average of 4.34. The company's beta value is 0.89. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
