Forum Energy Earnings Estimate

FET
 Stock
  

USD 19.31  0.31  1.58%   

Many public companies, such as Forum Energy, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Forum Energy's earnings estimates, investors can diagnose different trends across Forum Energy's analyst sentiment over time as well as compare current estimates against different timeframes.
Forum Energy is projected to generate -9.67 in earnings per share on the 31st of December 2021. Forum Energy earnings estimates module stress-tests analyst consensus about projected Forum Energy Technologies EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please check Investing Opportunities.
  
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Gross Profit is likely to gain to about 180.7 M in 2022, whereas Profit Margin is likely to drop (0.16)  in 2022.

Forum Energy Earnings Estimation Breakdown

Calculation of earning per share of Forum Energy Technologies is based on official Zacks consensus of 2 analysts regarding Forum Energy future annual earnings. Given the historical accuracy of 66.67%, the future earnings per share of Forum Energy is estimated to be -9.67 with the lowest and highest values of -9.67 and -9.67, respectively. Please note that this consensus of annual earnings estimates for Forum Energy Technologies is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS -17.02
-9.67
Lowest
Expected EPS -9.67
-9.67
Highest

Forum Energy Earnings Projection Consensus

Suppose the current estimates of Forum Energy's value are higher than the current market price of the Forum Energy stock. In this case, investors may conclude that Forum Energy is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Forum Energy's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

2

66.67%

-17.02

-9.67

Forum Energy Earnings History

Earnings estimate consensus by Forum Energy Technologies analysts from Wall Street is used by the market to judge Forum Energy's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Forum Energy's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Forum Energy Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

9.92 Million

Share
Accumulated Retained Earnings Deficit is likely to drop to about (702.3 M) in 2022. Earning Before Interest and Taxes EBIT is likely to drop to about (53.9 M) in 2022 Forum Energy Weighted Average Shares is comparatively stable at the moment as compared to the past year. Forum Energy reported Weighted Average Shares of 5.64 Million in 2021. Weighted Average Shares Diluted is likely to gain to about 5.8 M in 2022, whereas Issuance Purchase of Equity Shares is likely to drop (1.5 M) in 2022.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Forum Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Forum Energy in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
15.7419.3422.94
Details
Intrinsic
Valuation
LowReal ValueHigh
18.7422.3425.94
Details
Naive
Forecast
LowNext ValueHigh
16.4520.0423.64
Details
1 Analysts
Consensus
LowTarget PriceHigh
30.0030.0030.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Forum Energy. Your research has to be compared to or analyzed against Forum Energy's peers to derive any actionable benefits. When done correctly, Forum Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Forum Energy Technologies.
Note that many institutional investors and large investment bankers can move markets due to the volume of Forum assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Forum Energy. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Forum stock price in the short term.

Forum Energy Earnings per Share Projection vs Actual

Actual Earning per Share of Forum Energy refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Forum Energy Technologies predict the company's earnings will be in the future. The higher the earnings per share of Forum Energy, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Forum Energy Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Forum Energy, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Forum Energy should always be considered in relation to other companies to make a more educated investment decision.

Forum Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Forum Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-05-05
2022-03-31-0.57-1.6187-1.0487183 
2022-02-28
2021-12-31-0.8-3.46-2.66332 
2021-11-04
2021-09-30-1.33-2.05-0.7254 
2021-08-06
2021-06-30-1.75-3.87-2.12121 
2021-05-06
2021-03-31-2.28-5.28-3131 
2021-02-24
2020-12-31-3.61-5.85-2.2462 
2020-11-05
2020-09-30-3.6-3.8-0.2
2020-08-06
2020-06-30-5-1480 
2020-05-07
2020-03-31-2.476-6.6-4.124166 
2020-02-13
2019-12-31-2.0015-2.2-0.1985
2019-10-25
2019-09-30-0.9461-96.6-95.653910110 
2019-07-25
2019-06-30-0.9-2.4-1.5166 
2019-04-25
2019-03-31-1.35-1.4-0.05
2019-02-07
2018-12-31-0.7356-70.4-69.66449470 
2018-10-29
2018-09-300.1667-0.6-0.7667459 
2018-07-30
2018-06-30-0.25-2.8-2.551020 
2018-05-01
2018-03-31-1.114356.1143548 
2018-02-09
2017-12-31-0.69.4101666 
2017-10-30
2017-09-30-2.6-3-0.415 
2017-07-28
2017-06-30-2.175-16.2-14.025644 
2017-04-27
2017-03-31-3.0857-3.2-0.1143
2017-02-10
2016-12-31-3.501-2.80.70120 
2016-10-27
2016-09-30-3.9099-4-0.0901
2016-07-28
2016-06-30-5.2516-6.2-0.948418 
2016-04-29
2016-03-31-4.0172-5-0.982824 
2016-02-12
2015-12-31-1.1898-2.4-1.2102101 
2015-10-22
2015-09-300.090.07-0.0222 
2015-07-23
2015-06-300.170.16-0.01
2015-04-23
2015-03-310.280.30.02
2015-02-11
2014-12-310.490.48-0.01
2014-10-23
2014-09-300.470.520.0510 
2014-07-24
2014-06-300.430.440.01
2014-04-24
2014-03-310.380.40.02
2014-02-06
2013-12-310.390.390
2013-10-24
2013-09-300.420.440.02
2013-07-25
2013-06-300.350.32-0.03
2013-04-25
2013-03-310.330.340.01
2013-02-14
2012-12-310.280.26-0.02
2012-10-29
2012-09-300.420.440.02
2012-07-26
2012-06-300.470.490.02
2012-05-30
2012-03-31None11.3678None

About Forum Energy Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Forum Energy earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Forum Energy estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Forum Energy fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit-684.3 M-702.3 M
Earning Before Interest and Taxes EBIT-50 M-53.9 M
Earnings per Basic Share(14.65) (15.81) 
Earnings per Diluted Share(14.65) (15.81) 
Price to Earnings Ratio(1.10) (1.18) 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA-7.8 M-8 M
Earnings before Tax-82 M-88.5 M
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. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas. Forum Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1400 people.

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Please check Investing Opportunities. Note that the Forum Energy Technologies information on this page should be used as a complementary analysis to other Forum Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Forum Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forum Energy. If investors know Forum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forum Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
110.5 M
Quarterly Revenue Growth YOY
0.36
Return On Assets
-0.0254
Return On Equity
-0.18
The market value of Forum Energy Technologies is measured differently than its book value, which is the value of Forum that is recorded on the company's balance sheet. Investors also form their own opinion of Forum Energy's value that differs from its market value or its book value, called intrinsic value, which is Forum Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forum Energy's market value can be influenced by many factors that don't directly affect Forum Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forum Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Forum Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forum Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.