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
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.