PortfoliosStock ScreensStocksStockXcel

Forum Energy Technologies Inc

FET | US

56.29

USD

-1.60

-2.76%

FET | US

About Forum Energy Technologies Inc

Sector

Energy

Industry

Oil & Gas Equipment & Services

Earnings date

30/06/2024

As of date

20/03/2026

Close

56.29

Open

58.44

High

58.56

Low

55.51

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. The company was incorporated in 2005 and is headquartered in Houston Texas.

View Less

FET | US

Risk
53.5
Sharpe
2.72
Luna's Score
60/100
Recommendation
Hold

Luna says (FET | US)

What's Working

Positive Momentum

Value Stock (Price to Book < 3)

Strong Revenue Growth (> 10%)

Strong Sharpe Ratio (> 1.2)

What's not Working

Price Below SMA10D

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

43.2%

1 month

53.5%

3 months

43.2%

6 months

53.5%

Returns

Fundamental Ratios

PE

-

Fwd. PE

20.58

Price to book

0.41

Debt to equity

0.70

Debt to assets

0.32

Ent. to EBITDA

7.86

Ent. to rev.

0.60

PEG

-1.07

Other Fundamentals

EBITDA

74.23M

MarketCap

691.45M

MarketCap(USD)

691.45M

Div. yield

-

Op. margin

4.57

Erngs. growth

-57.80

Rev. growth

10.70

Ret. on equity

-6.00

Short ratio

2.30

Short perc.

0.91

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

6.30

Range1M

12.59

Range3M

28.58

Volumes: Market Activity

Rel. volume

0.67

Price X volume

10.76M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Cannae Holdings IncCNNEAsset Management10.84680.04M-2.17%n/a12.07%
Invesco Municipal Opportunity TrustVMOAsset Management9.52642.04M-1.96%11.8957.46%
PIMCO Access Income FundPAXSAsset Management13.82609.54M8.4474.89%
PennantPark Floating Rate Capital LtdPFLTAsset Management8.07592.51M-2.54%7.12109.75%
Invesco Value Municipal Income TrustIIMAsset Management12.48587.41M-2.58%12.8348.63%
BlackRock Utility and Infrastructure TrustBUIAsset Management25.79579.64M-1.71%32.670.00%
Fidus Investment CorporationFDUSAsset Management17.18569.71M-2.33%6.0171.89%
Royce Micro-Cap Trust IncRMTAsset Management11.03559.02M-2.99%7.700.37%
TCG BDC IncCGBDAsset Management10.97557.81M-1.79%9.2599.30%
Consolidated-Tomoka Land CoCTOReal Estate - General18.34549.68M39.73100.94%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Latham Group Inc.SWIMBuilding Products & Equipment5.55641.45M0.73%65.1877.00%
Ennis IncEBFBuilding Products & Equipment20.44531.52M-0.05%13.282.28%
Urban One IncUONEKBroadcasting - Radio5.96315.93M10.37%n/a268.43%
ACCO Brands CorporationACCOBuilding Products & Equipment2.87274.94M-2.55%n/a174.23%
CPI Card Group IncPMTSBuilding Products & Equipment13.18147.06M-5.59%15.61-621.78%
Kewaunee Scientific CorporationKEQUBuilding Products & Equipment34.197.93M-0.15%5.1619.82%
Virco Mfg. CorporationVIRCBuilding Products & Equipment5.9196.27M0.08%9.0939.79%
Saga Communications IncSGABroadcasting - Radio11.9975.08M7.15%14.487.10%
ILAGILAGBuilding Products & Equipment2.3542.44M8.90%n/a5.48%
Antelope Enterprise Holdings LimitedAEHLBuilding Products & Equipment1.5823.09M-4.82%0.0316.03%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA7.86-Par
Ent. to Revenue0.60-Cheaper
PE Ratio-21.08-
Price to Book0.413.14Cheaper
Dividend Yield---
Std. Deviation (3M)43.25-Par
Debt to Equity0.701.36Cheaper
Debt to Assets0.320.26Expensive
Market Cap691.45M-Emerging
  • 1

Unlock Your Investing Potential

Register with Xstocks

Join over 2,000+ Investors

Register now and embark on your journey to informed and successful investing.

Explore Industry Correlations

Explore Industry Correlations

Uncover Trading and Hedging Opportunities

Gain valuable insights into potential trading opportunities and discover strategic hedging possibilities

Discover Top-Performing Industries

Discover Top performing Industries

Explore Stocks for Short and Long-Term Gains

Uncover opportunities at both short-term and long-term horizons, allowing you to make informed investment decisions.

Follow us @XStocks007