Forum Energy Technologies Stock Analysis

FET Stock  USD 18.12  0.15  0.82%   
Forum Energy Technologies is fairly valued with Real Value of 17.46 and Target Price of 30.0. The main objective of Forum Energy stock analysis is to determine its intrinsic value, which is an estimate of what Forum Energy Technologies is worth, separate from its market price. There are two main types of Forum Energy's stock analysis: fundamental analysis and technical analysis.
The Forum Energy stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Forum Energy is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. Forum Stock trading window is adjusted to America/New York timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forum Energy Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Forum Stock Analysis Notes

About 72.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.51. Some equities with similar Price to Book (P/B) outperform the market in the long run. Forum Energy Technologies recorded a loss per share of 4.23. The entity last dividend was issued on the 10th of November 2020. The firm had 1:20 split on the 10th of November 2020. 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. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas. Forum Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1400 people. To learn more about Forum Energy Technologies call Christopher Gaut at 713 351 7900 or check out https://www.f-e-t.com.

Forum Energy Quarterly Total Revenue

207.81 Million

Forum Energy Technologies Investment Alerts

Forum Energy had very high historical volatility over the last 90 days
The company reported the last year's revenue of 738.86 M. Reported Net Loss for the year was (18.88 M) with profit before taxes, overhead, and interest of 242.29 M.
About 72.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Disposition of 3348 shares by D Williams of Forum Energy at 18.54 subject to Rule 16b-3

Forum Energy Technologies Upcoming and Recent Events

19th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Forum Largest EPS Surprises

Earnings surprises can significantly impact Forum Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2018-07-30
2018-06-30-0.25-0.20.0520 
2024-05-02
2024-03-31-0.2-0.120.0840 
2024-08-01
2024-06-300.04-0.07-0.11275 
View All Earnings Estimates

Forum Energy Environmental, Social, and Governance (ESG) Scores

Forum Energy's ESG score is a quantitative measure that evaluates Forum Energy's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Forum Energy's operations that may have significant financial implications and affect Forum Energy's stock price as well as guide investors towards more socially responsible investments.

Forum Energy Thematic Classifications

In addition to having Forum Energy stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Machinery Idea
Machinery
USA Equities from Machinery industry as classified by Fama & French

Forum Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
State Street Corp2024-09-30
198.5 K
Goldman Sachs Group Inc2024-09-30
175 K
Northern Trust Corp2024-09-30
99.5 K
Bank Of Montreal2024-09-30
97.7 K
Bmo Capital Markets Corp.2024-09-30
97.7 K
Icon Wealth Advisors Llc2024-09-30
91.8 K
Renaissance Technologies Corp2024-09-30
87.3 K
Scotia Capital Inc2024-09-30
76 K
Ameriprise Financial Inc2024-09-30
74.2 K
Blackrock Inc2024-09-30
M
Mackay Shields Llc2024-09-30
937.8 K
Note, although Forum Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Forum Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 222.58 M.

Forum Profitablity

The company has Net Profit Margin of (0.06) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.05 %, which entails that for every 100 dollars of revenue, it generated $0.05 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.03)(0.03)
Return On Capital Employed 0.04  0.04 
Return On Assets(0.03)(0.03)
Return On Equity(0.05)(0.06)

Management Efficiency

Forum Energy Technologies has Return on Asset of 0.0226 % which means that on every $100 spent on assets, it made $0.0226 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.113) %, meaning that it generated no profit with money invested by stockholders. Forum Energy's management efficiency ratios could be used to measure how well Forum Energy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.04 in 2025, whereas Return On Tangible Assets are likely to drop (0.03) in 2025. At this time, Forum Energy's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 350.7 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 158.9 M in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 46.51  44.18 
Tangible Book Value Per Share 21.58  31.01 
Enterprise Value Over EBITDA 9.70  10.19 
Price Book Value Ratio 0.63  0.60 
Enterprise Value Multiple 9.70  10.19 
Price Fair Value 0.63  0.60 
Enterprise Value438.7 M416.7 M
Forum Energy Technologies benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Operating Margin
0.0453
Profit Margin
(0.06)
Beta
2.47
Return On Assets
0.0226
Return On Equity
(0.11)

Technical Drivers

As of the 1st of February, Forum Energy shows the Downside Deviation of 2.2, mean deviation of 2.17, and Coefficient Of Variation of 765.53. Forum Energy Technologies technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Forum Energy Technologies Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Forum Energy middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Forum Energy Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Forum Energy Technologies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Forum Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Forum Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Forum Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Forum Energy Outstanding Bonds

Forum Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Forum Energy Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Forum bonds can be classified according to their maturity, which is the date when Forum Energy Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Forum Energy Predictive Daily Indicators

Forum Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Forum Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Forum Energy Corporate Filings

F4
28th of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
22nd of January 2025
Other Reports
ViewVerify
23rd of December 2024
Other Reports
ViewVerify
F4
12th of December 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
12th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
8th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
4th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
1st of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify

Forum Energy Forecast Models

Forum Energy's time-series forecasting models are one of many Forum Energy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Forum Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Forum Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Forum Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Forum shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Forum Energy. By using and applying Forum Stock analysis, traders can create a robust methodology for identifying Forum entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.01)(0.01)
Operating Profit Margin 0.03  0.03 
Net Loss(0.03)(0.03)
Gross Profit Margin 0.32  0.28 

Current Forum Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Forum analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Forum analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
30.0Strong Sell0Odds
Forum Energy Technologies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Forum analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Forum stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Forum Energy Technologies, talking to its executives and customers, or listening to Forum conference calls.
Forum Analyst Advice Details

Forum Stock Analysis Indicators

Forum Energy Technologies stock analysis indicators help investors evaluate how Forum Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Forum Energy shares will generate the highest return on investment. By understating and applying Forum Energy stock analysis, traders can identify Forum Energy position entry and exit signals to maximize returns.
Begin Period Cash Flow51 M
Long Term Debt129.6 M
Common Stock Shares Outstanding10.2 M
Total Stockholder Equity412.6 M
Tax Provision7.9 M
Quarterly Earnings Growth Y O Y-0.578
Property Plant And Equipment Net116.8 M
Cash And Short Term Investments46.2 M
Cash46.2 M
Accounts Payable125.9 M
Net Debt155.2 M
50 Day M A16.0502
Total Current Liabilities204.3 M
Other Operating Expenses718.1 M
Non Current Assets Total291.5 M
Forward Price Earnings12.9534
Non Currrent Assets Other6.3 M
Stock Based Compensation4.6 M

Additional Tools for Forum Stock Analysis

When running Forum Energy's price analysis, check to measure Forum Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.