Forum Energy Technologies Inc

General ticker "FET" information:

  • Sector: Energy
  • Industry: Energy Equipment & Services
  • Capitalization: $185.0M

Forum Energy Technologies Inc does not follow the US Stock Market performance with the rate: -32.3%.

Estimated limits based on current volatility of 2.1%: low 14.11$, high 14.70$

Factors to consider:

  • Price in estimated range
  • 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 2023-12-31 to 2025-12-30

  • 2023-12-31 to 2024-12-30 estimated range: [9.50$, 19.17$]
  • 2024-12-30 to 2025-12-30 estimated range: [7.88$, 15.74$]

Financial Metrics affecting the FET estimates:

  • Negative: Non-GAAP EPS, $ of -0.15 <= 0.10
  • Negative: negative Net income
  • Negative: Interest expense per share, $ of 1.79 > 0.74
  • Positive: -0.96 < Investing cash flow per share, $ of -0.64
  • Positive: Industry operating cash flow per share per price (median), % of 10.61 > 10.07
  • Positive: Industry inventory ratio change (median), % of 0.48 <= 0.49
  • Negative: Operating cash flow per share per price, % of 3.66 <= 7.18

Similar symbols

Short-term FET quotes

Long-term FET plot with estimates

Financial data

YTD 2021-12-31 2022-12-31 2023-12-31
Operating Revenue $542.12MM $708.18MM $738.71MM
Operating Expenses $586.61MM $690.86MM $717.99MM
Operating Income $-44.49MM $17.33MM $20.72MM
Non-Operating Income $-37.52MM $-6.98MM $-28.53MM
Interest Expense $32.00MM $31.50MM $18.30MM
Income(Loss) $-82.01MM $10.35MM $-7.81MM
Taxes $0.64MM $6.64MM $11.06MM
Profit(Loss) $-82.65MM $3.71MM $-18.88MM
Stockholders Equity $329.13MM $307.04MM $412.63MM
Inventory $241.70MM $269.80MM $299.64MM
Assets $791.34MM $834.76MM $821.06MM
Operating Cash Flow $-15.80MM $-17.10MM $8.18MM
Capital expenditure $2.40MM $7.50MM $7.94MM
Investing Cash Flow $10.70MM $27.10MM $-6.57MM
Financing Cash Flow $-76.20MM $-5.00MM $-7.58MM
Earnings Per Share* $-14.66 $0.65 $-1.85

* EPS are Split Adjusted, recent splits may be reflected with a delay.