WallStreetZenWallStreetZen

NYSE: FET
Forum Energy Technologies Inc Stock

$25.22+0.97 (+4%)
Updated Jun 6, 2023
FET Price
$25.22
Fair Value Price
N/A
Market Cap
$255.97M
52 Week Low
$16.78
52 Week High
$33.84
P/E
13.34x
P/B
0.61x
P/S
0.35x
PEG
N/A
Dividend Yield
N/A
Revenue
$733.70M
Earnings
$9.43M
Gross Margin
27.5%
Operating Margin
6.2%
Profit Margin
1.3%
Debt to Equity
1.04
Operating Cash Flow
-$15M
Beta
2.01
Next Earnings
Aug 2, 2023
Ex-Dividend
N/A
Next Dividend
N/A

FET Overview

Forum Energy Technologies, Inc. is an oilfield products company serving the subsea, drilling, completion, production, and infrastructure sectors of the oil and natural gas industry. Offerings include drilling rig equipment and pressure pumping equipment. Formed in 2010 by the five-way merger of Forum Oilfield Technologies, Triton Group, Subsea Services International, Global Flow Technologies, and Allied Technology, the company is headquartered in Houston, TX.

Zen Score

Industry Average (34)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how FET scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

FET is good value based on its earnings relative to its share price (13.34x), compared to the US market average (53.54x)
P/E vs Market Valuation
FET is good value based on its earnings relative to its share price (13.34x), compared to the US Oil & Gas Equipment & Services industry average (-107.25x)
P/E vs Industry Valuation
FET is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
There are 30 more FET due diligence checks available for Premium users.

Be the first to know about important FET news, forecast changes, insider trades & much more!

FET News

Valuation

FET price to earnings (PE)

For valuing profitable companies with steady earnings
Company
13.34x
Industry
-107.25x
Market
53.54x
FET is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FET is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

FET price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.61x
Industry
2.54x
FET is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FET's financial health

Profit margin

Revenue
$189.0M
Net Income
-$3.5M
Profit Margin
-1.8%
FET's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
FET's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$850.0M
Liabilities
$433.1M
Debt to equity
1.04
FET's short-term assets ($536.82M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FET's short-term assets ($536.82M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FET's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
FET's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$23.1M
Investing
-$819.0k
Financing
$19.4M
FET's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

FET vs Oil & Gas Equipment & Service Stocks

TickerMarket Cap1d %P/EP/B
FET$255.97M+4.00%13.34x0.61x
RNGR$291.08M0.00%10.64x1.07x
ATLX$216.16M+0.68%-13.92x23.39x
TUSK$192.76M+2.28%8.42x0.41x
BOOM$348.00M+3.10%15.09x0.91x

Forum Energy Technologies Stock FAQ

What is Forum Energy Technologies's quote symbol?

(NYSE: FET) Forum Energy Technologies trades on the NYSE under the ticker symbol FET. Forum Energy Technologies stock quotes can also be displayed as NYSE: FET.

If you're new to stock investing, here's how to buy Forum Energy Technologies stock.

What is the 52 week high and low for Forum Energy Technologies (NYSE: FET)?

(NYSE: FET) Forum Energy Technologies's 52-week high was $33.84, and its 52-week low was $16.78. It is currently -25.47% from its 52-week high and 50.3% from its 52-week low.

How much is Forum Energy Technologies stock worth today?

(NYSE: FET) Forum Energy Technologies currently has 10,149,539 outstanding shares. With Forum Energy Technologies stock trading at $25.22 per share, the total value of Forum Energy Technologies stock (market capitalization) is $255.97M.

Forum Energy Technologies stock was originally listed at a price of $435.00 in Apr 12, 2012. If you had invested in Forum Energy Technologies stock at $435.00, your return over the last 11 years would have been -94.2%, for an annualized return of -22.81% (not including any dividends or dividend reinvestments).

How much is Forum Energy Technologies's stock price per share?

(NYSE: FET) Forum Energy Technologies stock price per share is $25.22 today (as of Jun 6, 2023).

What is Forum Energy Technologies's Market Cap?

(NYSE: FET) Forum Energy Technologies's market cap is $255.97M, as of Jun 7, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Forum Energy Technologies's market cap is calculated by multiplying FET's current stock price of $25.22 by FET's total outstanding shares of 10,149,539.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.