Forum Energy Technologies Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $24.52
- Today's High:
- $25.39
- Open Price:
- $24.52
- 52W Low:
- $16.78
- 52W High:
- $33.84
- Prev. Close:
- $24.4
- Volume:
- 40502
Company Statistics
- Market Cap.:
- $246.13 million
- Book Value:
- 41.07
- Revenue TTM:
- $733.70 million
- Operating Margin TTM:
- 2.54%
- Gross Profit TTM:
- $188.53 million
- Profit Margin:
- 1.28%
- Return on Assets TTM:
- 1.42%
- Return on Equity TTM:
- 2.58%
Company Profile
Forum Energy Technologies Inc had its IPO on 2012-04-12 under the ticker symbol FET.
The company operates in the Energy sector and Oil & Gas Equipment & Services industry. Forum Energy Technologies Inc has a staff strength of 1,500 employees.
Stock update
Shares of Forum Energy Technologies Inc opened at $24.52 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $24.52 - $25.39, and closed at $25.26.
This is a +3.52% increase from the previous day's closing price.
A total volume of 40,502 shares were traded at the close of the day’s session.
In the last one week, shares of Forum Energy Technologies Inc have increased by +2.31%.
Forum Energy Technologies Inc's Key Ratios
Forum Energy Technologies Inc has a market cap of $246.13 million, indicating a price to book ratio of 0.5443 and a price to sales ratio of 0.2695.
In the last 12-months Forum Energy Technologies Inc’s revenue was $733.70 million with a gross profit of $188.53 million and an EBITDA of $54.56 million. The EBITDA ratio measures Forum Energy Technologies Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Forum Energy Technologies Inc’s operating margin was 2.54% while its return on assets stood at 1.42% with a return of equity of 2.58%.
In Q1, Forum Energy Technologies Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 21.8%.
Forum Energy Technologies Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 11.3318
- PEG
- -1.07
Its diluted EPS in the last 12-months stands at $2.14 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -1.07. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Forum Energy Technologies Inc’s profitability.
Forum Energy Technologies Inc stock is trading at a EV to sales ratio of 0.6404 and a EV to EBITDA ratio of 6.1358. Its price to sales ratio in the trailing 12-months stood at 0.2695.
Forum Energy Technologies Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $850.00 million
- Total Liabilities
- $203.60 million
- Operating Cash Flow
- $-819000.00
- Capital Expenditure
- $1.10 million
- Dividend Payout Ratio
- 0%
Forum Energy Technologies Inc ended 2024 with $850.00 million in total assets and $0 in total liabilities. Its intangible assets were valued at $850.00 million while shareholder equity stood at $416.90 million.
Forum Energy Technologies Inc ended 2024 with $1.05 million in deferred long-term liabilities, $203.60 million in other current liabilities, 109000.00 in common stock, $-684081000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $46.80 million and cash and short-term investments were $46.80 million. The company’s total short-term debt was $1,000,000 while long-term debt stood at $152.00 million.
Forum Energy Technologies Inc’s total current assets stands at $536.80 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $164.00 million compared to accounts payable of $129.93 million and inventory worth $287.60 million.
In 2024, Forum Energy Technologies Inc's operating cash flow was $-819000.00 while its capital expenditure stood at $1.10 million.
Comparatively, Forum Energy Technologies Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $25.26
- 52-Week High
- $33.84
- 52-Week Low
- $16.78
- Analyst Target Price
- $30
Forum Energy Technologies Inc stock is currently trading at $25.26 per share. It touched a 52-week high of $33.84 and a 52-week low of $33.84. Analysts tracking the stock have a 12-month average target price of $30.
Its 50-day moving average was $25.05 and 200-day moving average was $26.57 The short ratio stood at 1.37 indicating a short percent outstanding of 0%.
Around 590.6% of the company’s stock are held by insiders while 4907.1% are held by institutions.
Frequently Asked Questions About Forum Energy Technologies Inc
Similar Industry Stocks (Oil & Gas Equipment & Services)
Most Active
Top Gainers
Top Losers
About
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.