Forum Energy Technologies, Inc.
General ticker "FET" information:
- Sector: Energy
- Industry: Oil & Gas Equipment & Services
- Capitalization: $248.9M (TTM average)
Forum Energy Technologies, Inc. follows the US Stock Market performance with the rate: 62.1%.
Estimated limits based on current volatility of 1.9%: low 40.38$, high 41.92$
Factors to consider:
- Total employees count: 1800 (+12.5%) as of 2024
- Top business risk factors: Oil and gas price volatility, Market competition, Economic downturns and volatility, Industry consolidation, Supply chain disruptions
- Current price 139.7% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [7.84$, 19.49$]
- 2025-12-31 to 2026-12-31 estimated range: [6.93$, 17.48$]
Financial Metrics affecting the FET estimates:
- Negative: with PPE of -17.2 at the end of fiscal year the price was high
- Negative: negative Operating income
- Positive: Operating cash flow per share per price, % of 50.71 > 12.91
- Positive: Industry operating cash flow per share per price (median), % of 14.78 > 10.14
- Positive: 19.35 < Shareholder equity ratio, % of 39.21 <= 42.53
- Positive: Inventory ratio change, % of -3.99 <= -0.76
- Positive: 0.07 < Industry earnings per price (median), % of 4.05
Short-term FET quotes
Long-term FET plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $708.18MM | $738.71MM | $820.80MM |
| Operating Expenses | $690.86MM | $717.99MM | $907.57MM |
| Operating Income | $17.33MM | $20.72MM | $-86.77MM |
| Non-Operating Income | $-6.98MM | $-28.53MM | $-41.66MM |
| Interest Expense | $31.52MM | $18.30MM | $31.49MM |
| Income(Loss) | $10.35MM | $-7.81MM | $-128.43MM |
| Taxes | $6.64MM | $11.06MM | $6.90MM |
| Profit(Loss)* | $3.71MM | $-18.88MM | $-135.33MM |
| Stockholders Equity | $307.04MM | $412.63MM | $319.90MM |
| Inventory | $269.83MM | $299.64MM | $265.49MM |
| Assets | $834.76MM | $821.06MM | $815.95MM |
| Operating Cash Flow | $-17.05MM | $8.18MM | $92.19MM |
| Capital expenditure | $7.49MM | $7.94MM | $8.14MM |
| Investing Cash Flow | $27.14MM | $-6.57MM | $-137.53MM |
| Financing Cash Flow | $-5.08MM | $-7.58MM | $45.24MM |
| Earnings Per Share** | $0.36 | $-1.85 | $-11.00 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.