Stock Scorecard



Stock Summary for Forum Energy Technologies Inc (FET) - $19.39 as of 5/3/2024 1:14:18 PM EST

Total Score

10 out of 29

Currently on the following lists
None
Tim's Recommendation
Avoid

Growth List Algorithm Criteria for FET

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for FET

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for FET

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2

Bonus Criteria for FET

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for FET

ET: 3 Buy-Rated Energy Stocks to Buy in May 5/2/2024 4:59:00 PM
StockNews.com Upgrades Forum Energy Technologies ( NYSE:FET ) to Buy 4/14/2024 5:46:00 AM
Deep Sea Robot Market size is set to grow by USD 2092.15 mn from 2024-2028,growing demand for oceanography ... - PR Newswire 3/25/2024 10:44:00 AM
Forum Energy Technologies ( NYSE:FET ) Rating Lowered to Hold at StockNews.com 3/12/2024 6:33:00 AM
Forum Energy Technologies ( NYSE:FET ) Lowered to Hold at StockNews.com 3/12/2024 6:32:00 AM
Forum Energy Technologies ( NYSE:FET ) Rating Lowered to Hold at StockNews.com 2/29/2024 7:10:00 AM
Forum Energy Technologies ( NYSE:FET ) Upgraded to "Buy" at StockNews.com 2/22/2024 8:38:00 AM
Forum Energy Technologies ( NYSE:FET ) Lowered to Hold at StockNews.com 2/8/2024 6:30:00 AM
Forum Energy Technologies ( NYSE:FET ) Upgraded to Buy by StockNews.com 2/1/2024 10:38:00 AM
Presenting on Emerging Growth Conference 66 Day 2 on January 11 Register to Stream - American Lithium ( NASDAQ:AMLI ) , Anfield Energy ( OTC:ANLDF ) 1/10/2024 12:00:00 PM

Financial Details for FET

Company Overview

Ticker FET
Company Name Forum Energy Technologies Inc
Country USA
Description Forum Energy Technologies, Inc. designs, manufactures, and distributes products for the oil and natural gas industry in the United States and internationally. The company is headquartered in Houston, Texas.
Sector Name TECHNOLOGY
Industry Name OIL & GAS FIELD MACHINERY & EQUIPMENT
Most Recent Quarter 12/31/2023
Next Earnings Date 5/10/2024

Stock Price History

Last Day Price 19.39
Last Day Price Updated 5/3/2024 1:14:18 PM EST
Last Day Volume 23,831
Average Daily Volume 27,789
52-Week High 28.73
52-Week Low 17.65
Last Price to 52 Week Low 9.86%

Valuation Measures

Trailing PE N/A
Industry PE 100.32
Sector PE 59.18
5-Year Average PE -1.27
Free Cash Flow Ratio 5.16
Industry Free Cash Flow Ratio 21.94
Sector Free Cash Flow Ratio 28.40
Current Ratio Most Recent Quarter 2.59
Total Cash Per Share 3.76
Book Value Per Share Most Recent Quarter 40.48
Price to Book Ratio 0.58
Industry Price to Book Ratio 2.61
Sector Price to Book Ratio 14.96
Price to Sales Ratio Twelve Trailing Months 0.32
Industry Price to Sales Ratio Twelve Trailing Months 1.46
Sector Price to Sales Ratio Twelve Trailing Months 4.59

Share Statistics

Total Shares Outstanding 12,283,700
Market Capitalization 238,180,943
Institutional Ownership N/A

Dividends

Ex-Dividend Date N/A
Last Dividend Amount 0.00
Current Dividend Amount 0.00
Dividend Aristocrat? False
Trailing Annual Dividend Rate 0.00
Trailing Annual Dividend Yield 0.00%
Forward Annual Dividend Rate 0.00
Forward Annual Dividend Yield 0.00%
5-Year Dividend Payments Count 0
3-Year Average Dividend Yield 0.00%
5-Year Average Dividend Yield 0.00%
1-Year Dividend Growth Rate Percentage 0.00%
3-Year Dividend Growth Rate Percentage 0.00%
5-Year Dividend Growth Rate Percentage 0.00%
All-Time Dividend Growth Rate Percentage 0.00%
Dividend Payout Ratio N/A

Income Statement

Quarterly Earnings Growth YOY -57.80%
Annual Earnings Growth -608.51%
Reported EPS 12 Trailing Months -1.85
Reported EPS Past Year 0.00
Reported EPS Prior Year -13.84
Net Income Twelve Trailing Months -18,876,000
Net Income Past Year -18,876,000
Net Income Prior Year 3,712,000
Quarterly Revenue Growth YOY -2.90%
5-Year Revenue Growth -7.93%

Balance Sheet

Total Cash Most Recent Quarter 46,165,000
Total Cash Past Year 46,165,000
Total Cash Prior Year 51,029,000
Net Cash Position Most Recent Quarter -84,588,000
Net Cash Position Past Year -84,588,000
Long Term Debt Past Year 130,753,000
Long Term Debt Prior Year 239,910,000
Total Debt Most Recent Quarter 130,753,000
Equity to Debt Ratio Past Year 0.76
Equity to Debt Ratio Most Recent Quarter 0.76
Total Stockholder Equity Past Year 412,633,000
Total Stockholder Equity Prior Year 307,035,000
Total Stockholder Equity Most Recent Quarter 412,633,000

Options

Put/Call Ratio 0.00
Has Options Options Chain
Liquidity Rating None

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD -0.11
MACD Signal 0.00
20-Day Bollinger Lower Band 17.42
20-Day Bollinger Middle Band 20.07
20-Day Bollinger Upper Band 22.71
Beta 2.60
RSI 40.21
50-Day SMA 22.52
200-Day SMA 20.99

System

Modified 5/2/2024 12:10:38 AM EST