Forum Stock Analysis


USD 19.41  1.12  5.46%   

Forum Energy Technologies price drop over the last few months could raise concerns from private investors as the firm is trading at a share price of 19.41 on 8,905 in volume. The company executives were not very successful in positioning the firm resources to exploit market volatility in May. However, diversifying your holdings with Forum Energy Technologies or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.59. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Forum Energy partners.
Please check Investing Opportunities.
The Forum Energy stock analysis report makes it easy to digest most publicly released information about Forum Energy and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Forum Stock analysis module also helps to analyze the Forum Energy price relationship with some important fundamental indicators such as market cap and management efficiency.

Forum Stock Analysis Notes

About 39.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.34. Some equities with similar Price to Book (P/B) outperform the market in the long run. Forum Energy Technologies recorded a loss per share of 17.02. The entity had not issued any dividends in recent years. The firm had 1-20 split on the 10th of November 2020. 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. To learn more about Forum Energy Technologies call James McCulloch at 281 949-2500 or check out

Forum Energy Quarterly Cost of Revenue

116.56 Million


Forum Energy Technologies Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Forum Energy's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Forum Energy Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Forum Energy generated a negative expected return over the last 90 days
Forum Energy has high historical volatility and very poor performance
Forum Energy has high likelihood to experience some financial distress in the next 2 years
The company reported the last year's revenue of 541.07 M. Reported Net Loss for the year was (82.65 M) with profit before taxes, overhead, and interest of 123.34 M.
Forum Energy Technologies has about 46.86 M in cash with (15.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.29.
Forum Energy has a frail financial position based on the latest SEC disclosures
Latest headline from Forum Energy exotic insider transaction detected

Forum Energy Technologies Upcoming and Recent Events

Earnings reports are used by Forum Energy to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Forum Energy previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report22nd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End22nd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Forum Energy SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Forum Energy prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Forum Energy investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Forum Energy Technologies specific information freely available to individual and institutional investors to make a timely investment decision.
13th of May 2022
Submission of Matters to a Vote of Security Holders. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
5th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
20th of April 2022
Unclassified Corporate Event
28th of February 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
22nd of February 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
9th of February 2022
Unclassified Corporate Event
7th of February 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
27th of December 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Forum Energy Thematic Classifications

In addition to having Forum Energy stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Machinery IdeaMachinery
USA Equities from Machinery industry as classified by Fama & French

Forum Market Capitalization

The company currently falls under 'Small-Cap' category with total capitalization of 117.93 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Forum Energy's market, we take the total number of its shares issued and multiply it by Forum Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Forum Profitablity

Forum Energy's profitability indicators refer to fundamental financial ratios that showcase Forum Energy's ability to generate income relative to its revenue or operating costs. If, let's say, Forum Energy is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Forum Energy's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Forum Energy's profitability requires more research than a typical breakdown of Forum Energy's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (15.28) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (8.42) %, which entails that for every $100 of revenue, it lost -0.08.
Last ReportedProjected for 2022
Return on Investment(7.21) (7.78) 
Return on Average Assets(0.10) (0.10) 
Return on Average Equity(0.23) (0.24) 
Return on Invested Capital(0.08) (0.08) 
Return on Sales(0.09) (0.1) 

Management Efficiency

The entity has Return on Asset of (3.39) % which means that on every $100 spent on asset, it lost $3.39. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (22.48) %, meaning that it generated no profit with money invested by stockholders. Forum Energy management efficiency ratios could be used to measure how well forum energy technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return on Investment is likely to drop to -7.78 in 2022. Return on Average Assets is likely to gain to -0.1 in 2022. Total Liabilities is likely to gain to about 540.8 M in 2022. Current Liabilities is likely to gain to about 179.5 M in 2022
Last ReportedProjected for 2022
Book Value per Share 58.33  59.86 
Enterprise Value over EBIT(6.00) (6.47) 
Enterprise Value over EBITDA(39.58) (40.62) 
Price to Book Value 0.28  0.28 
Tangible Assets Book Value per Share 101.71  135.94 
Enterprise Value309.7 M317.8 M
Tangible Asset Value573.9 M683.5 M

Technical Drivers

As of the 30th of June, Forum Energy shows the mean deviation of 2.64, and Coefficient Of Variation of (2,456). Forum Energy Technologies technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Forum Energy Technologies, which can be compared to its rivals. Please confirm Forum Energy Technologies variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Forum Energy Technologies is priced favorably, providing market reflects its regular price of 19.41 per share. Given that Forum Energy has jensen alpha of 0.0601, we urge you to verify Forum Energy Technologies's prevailing market performance to make sure the company can sustain itself at a future point.

Forum Energy Technologies Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. Forum Energy Technologies Triple Exponential Moving Average indicator shows smoothing effect of Forum Energy price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.

Forum Energy Technologies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Forum Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Forum Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Forum Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Forum Energy Predictive Daily Indicators

Forum Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Forum Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Forum Energy Forecast Models

Forum Energy time-series forecasting models is one of many Forum Energy's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Forum Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Forum Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Forum Energy stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Forum shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Forum Energy. By using and applying Forum Stock analysis, traders can create a robust methodology for identifying Forum entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin(8.42) (9.08) 
EBITDA Margin(0.014) (0.0151) 
Gross Margin 0.23  0.22 
Profit Margin(0.15) (0.16) 
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.

Current Forum Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Forum analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Forum analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
Forum Energy Technologies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Forum analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Forum stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Forum Energy Technologies, talking to its executives and customers, or listening to Forum conference calls.
Forum Analyst Advice Details

Forum Stock Analysis Indicators

Forum Energy Technologies stock analysis indicators help investors evaluate how Forum Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Forum Energy shares will generate the highest return on investment. By understating and applying Forum Energy stock analysis, traders can identify Forum Energy position entry and exit signals to maximize returns.
Quick Ratio1.03
Fifty Two Week Low14.71
Revenue Growth31.10%
Shares Short Prior Month367.65k
Average Daily Volume Last 10 Day37.06k
Average Daily Volume In Three Month32.72k
Shares Percent Shares Out6.18%
Gross Margins22.80%
Short Percent Of Float8.04%
Forward Price Earnings-11.66
Float Shares4.55M
Fifty Two Week High26.20
Enterprise Value To Ebitda-104.34
Fifty Day Average22.35
Two Hundred Day Average20.77
Enterprise Value To Revenue0.65
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Forum Energy Technologies price analysis, check to measure Forum Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.
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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.
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.