stoxline Quote Chart Rank Option Currency Glossary
Forum Energy Technologies, Inc. (FET)
16.6  -0.33 (-1.95%)    06-21 16:00
Open: 16.93
High: 17.14
Volume: 49,406
Pre. Close: 16.93
Low: 16.52
Market Cap: 204(M)
Technical analysis
2024-06-21 4:52:18 PM
Short term     
Mid term     
Targets 6-month :  20.84 1-year :  22.09
Resists First :  17.84 Second :  18.92
Pivot price 17.18
Supports First :  16.1 Second :  13.39
MAs MA(5) :  16.93 MA(20) :  17.37
MA(100) :  18.76 MA(250) :  21.54
MACD MACD :  -0.5 Signal :  -0.5
%K %D K(14,3) :  26.5 D(3) :  31.7
RSI RSI(14): 38.2
52-week High :  28.72 Low :  16.1
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and BEARISH in mid-long term.
[ FET ] has closed above bottom band by 21.0%. Bollinger Bands are 2.5% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 17.16 - 17.25 17.25 - 17.33
Low: 16.34 - 16.45 16.45 - 16.55
Close: 16.41 - 16.57 16.57 - 16.73
Company Description

Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction markets, including applications in oil and natural gas, renewable energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment, and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and complementary subsea technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping, hydraulic fracturing and flowback services markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe. The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets. This segment offers engineered process systems, production equipment, specialty separation equipment, and various industrial valves for oil and natural gas customers, power generation, renewable energy, and other general industrial applications. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.

Headline News

Thu, 13 Jun 2024
Forum Energy Technologies to Present at the J.P. Morgan 2024 Energy, Power and Renewables Conference - StockTitan

Thu, 13 Jun 2024
Forum Energy Technologies to Present at the J.P. Morgan 2024 Energy, Power and Renewables Conference - Yahoo Finance

Wed, 12 Jun 2024
PenderFund Capital Management Ltd. Has $4.42 Million Stake in Forum Energy Technologies, Inc. (NYSE:FET) - Defense World

Tue, 11 Jun 2024
Icon Wealth Advisors LLC Takes Position in Forum Energy Technologies, Inc. (NYSE:FET) - MarketBeat

Mon, 06 May 2024
Stonegate Capital Partners Updates Coverage on Forum Energy Technologies, Inc. (FET) Q1 24 - Yahoo Finance

Fri, 03 May 2024
Forum Energy Technologies, Inc. (FET) Q1 2024 Earnings Call Transcript - Seeking Alpha

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Stock Basics & Statistics
Oil & Gas Equipment & Services
Shares Out 12 (M)
Shares Float 10 (M)
Held by Insiders 9.8 (%)
Held by Institutions 65.3 (%)
Shares Short 158 (K)
Shares Short P.Month 128 (K)
Stock Financials
EPS -2.36
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 36.33
Profit Margin -3.5 %
Operating Margin 4.4 %
Return on Assets (ttm) 1.7 %
Return on Equity (ttm) -6 %
Qtrly Rev. Growth 7 %
Gross Profit (p.s.) 0
Sales Per Share 61.26
EBITDA (p.s.) 5.39
Qtrly Earnings Growth 0 %
Operating Cash Flow 36 (M)
Levered Free Cash Flow 15 (M)
Stock Valuations
PE Ratio -7.04
PEG Ratio 0.2
Price to Book value 0.45
Price to Sales 0.27
Price to Cash Flow 5.61
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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