According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best oil & gas equipment & service stocks to buy right now are:
1. Forum Energy Technologies (NYSE:FET)
The Component Grade breakdown for Forum Energy Technologies (NYSE:FET) is: Value: C, Growth: A, Momentum: A, Sentiment: B, Safety: B, Financials: B, and AI: C.
Forum Energy Technologies (NYSE:FET) has a Due Diligence Score of 18, which is -15 points lower than the oil & gas equipment & service industry average of 33. Although this number is below the industry average, our proven quant model rates FET as a "A".
FET passed 5 out of 33 due diligence checks and has weak fundamentals. Forum Energy Technologies has seen its stock return 184.29% over the past year, overperforming other oil & gas equipment & service stocks by 134 percentage points.
2. Flowco Holdings (NYSE:FLOC)
Flowco Holdings (NYSE:FLOC) is the #2 top oil & gas equipment & service stock out of 48 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
Learn more.
The Component Grade breakdown for Flowco Holdings (NYSE:FLOC) is: Value: C, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: A, and AI: B.
Flowco Holdings (NYSE:FLOC) has a Due Diligence Score of 33, which is equal to the oil & gas equipment & service industry average of 33.
FLOC passed 13 out of 38 due diligence checks and has average fundamentals. Flowco Holdings has seen its stock lose -20.27% over the past year, underperforming other oil & gas equipment & service stocks by -71 percentage points.
Flowco Holdings has an average 1 year
price target of $28.67, an upside of 40.18% from Flowco Holdings's current stock price of $20.45.
Flowco Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Flowco Holdings, 33.33% have issued a Strong Buy rating, 66.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Oil States International (NYSE:OIS)
The Component Grade breakdown for Oil States International (NYSE:OIS) is: Value: C, Growth: B, Momentum: A, Sentiment: B, Safety: A, Financials: C, and AI: A.
Oil States International (NYSE:OIS) has a Due Diligence Score of 14, which is -19 points lower than the oil & gas equipment & service industry average of 33. Although this number is below the industry average, our proven quant model rates OIS as a "B".
OIS passed 4 out of 33 due diligence checks and has weak fundamentals. Oil States International has seen its stock return 124.85% over the past year, overperforming other oil & gas equipment & service stocks by 75 percentage points.
Oil States International has an average 1 year
price target of $14.00, an upside of 20.9% from Oil States International's current stock price of $11.58.
Oil States International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Oil States International, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.