Forum Stock Today

FET -  USA Stock  

USD 23.18  0.05  0.22%

Market Performance
6 of 100
Odds Of Distress
Less than 48
Forum Energy is selling for under 23.18 as of the 25th of May 2022; that is -0.22 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 23.18. Forum Energy has 48 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Forum Energy Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of June 2020 and ending today, the 25th of May 2022. Click here to learn more.
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. The company has 5.68 M outstanding shares of which 353.29 K shares are currently shorted by investors with about 12.66 days to cover. More on Forum Energy Technologies

Forum Energy Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Forum Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Forum Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Forum Energy has very high historical volatility over the last 90 days
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 ec.europa.eu: Special Address by the President at the World Economic Forum - European Commission
Forum Energy Fama & French Machinery
Machinery
Fama & French Classification
Forum Energy Technologies SEC Filings
Forum Energy SEC Filings Security & Exchange Commission EDGAR Reports
CEOJames McCulloch  (View All)
Thematic Classification
Currently Active Investing Idea (view all)
Machinery
Average Analyst Recommendation
Analysts covering Forum Energy report their recommendations after researching Forum Energy's financial statements, talking to executives and customers, or listening in on Forum Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Forum Energy Technologies. The Forum consensus assessment is calculated by taking the average forecast from all of the analysts covering Forum Energy.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Forum Energy Technologies based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Forum Energy Technologies financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 3 - FrailDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares5.7 M5.6 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted5.8 M5.6 M
Fairly Up
Increasing
Slightly volatile
Net Cash Flow from Operations(16.2 M)(15.8 M)
Fairly Down
Decreasing
Slightly volatile
Total Assets1.1 B791.3 M
Significantly Up
Decreasing
Slightly volatile
Total Liabilities540.8 M462.2 M
Fairly Up
Decreasing
Slightly volatile
Current Assets530.8 M446.7 M
Fairly Up
Decreasing
Slightly volatile
Current Liabilities179.5 M175.7 M
Fairly Up
Decreasing
Slightly volatile
Total Debt328.6 M268 M
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets(0.1)(0.102)
Fairly Down
Decreasing
Slightly volatile
Gross Margin0.220.228
Sufficiently Down
Decreasing
Slightly volatile
Asset Turnover0.610.668
Significantly Down
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Forum Energy's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Forum Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Forum Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Forum Energy's financial leverage. It provides some insight into what part of Forum Energy's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Forum Energy's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Forum Energy deploys its capital and how much of that capital is borrowed.
Liquidity
Forum Energy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 278.93 M in debt with debt to equity (D/E) ratio of 0.85, which is OK given its current industry classification. Forum Energy Technologies has a current ratio of 2.49, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Forum Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Forum Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Forum Energy Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Forum to invest in growth at high rates of return. When we think about Forum Energy's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(16.19 Million)Share
Forum Energy Technologies (FET) is traded on New York Stock Exchange in USA. It is located in 10344 Sam Houston Park Drive and employs 1,400 people. Forum Energy is listed under Machinery category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with total capitalization of 123.09 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 Energy Technologies runs under Energy sector within Oil & Gas Equipment & Services industry. The entity has 5.68 M outstanding shares of which 353.29 K shares are currently shorted by investors with about 12.66 days to cover. 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.
Check Forum Energy Probability Of Bankruptcy
Ownership
The market capitalization of Forum Energy Technologies is $123.09 Million. 30% of Forum Energy Technologies outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulation than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or about to change. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.

Ownership Allocation (%)

Check Forum Ownership Details

Forum Stock Price Odds Analysis

What are Forum Energy's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of Forum Energy jumping above the current price in 90 days from now is about 23.68%. The Forum Energy Technologies probability density function shows the probability of Forum Energy stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Forum Energy has a beta of 0.8791. This usually indicates Forum Energy Technologies market returns are related to returns on the market. As the market goes up or down, Forum Energy is expected to follow. Additionally, the company has an alpha of 0.4547, implying that it can generate a 0.45 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 23.18HorizonTargetOdds Above 23.18
76.19%90 days
 23.18 
23.68%
Based on a normal probability distribution, the odds of Forum Energy to move above the current price in 90 days from now is about 23.68 (This Forum Energy Technologies probability density function shows the probability of Forum Stock to fall within a particular range of prices over 90 days) .

Forum Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Forum Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Forum Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Forum Energy's value.
InstituionSecurity TypeTotal SharesValue
Walleye Capital LlcDebt15.6 M1.6 B
Scf Partners IncCommon Shares666.8 K15.3 M
Allspring Global Investments Holdings LlcCommon Shares217.5 KM
View Forum Energy Diagnostics

Forum Energy Historical Income Statement

Forum Energy Technologies Income Statement is one of the three primary financial statements used for reporting Forum's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Forum Energy Technologies revenue and expense. Forum Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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 Net Income is likely to drop (89.2 M) in 2022. View More Fundamentals

Forum Stock Against Markets

Picking the right benchmark for Forum Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Forum Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Forum Energy is critical whether you are bullish or bearish towards Forum Energy Technologies at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Forum Energy without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Forum Energy Corporate Directors

Forum Energy corporate directors refer to members of a Forum Energy board of directors. The board of directors generally takes responsibility for the Forum Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Forum Energy's board members must vote for the resolution. The Forum Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Evelyn Angelle - Non-Executive Independent DirectorProfile
Franklin Myers - Lead Independent DirectorProfile
Andrew Waite - Non-Executive Independent DirectorProfile
Terence OToole - Independent DirectorProfile

Investing Forum Energy Technologies

You need to understand the risk of investing before taking a position in Forum Energy. The danger of trading Forum Energy Technologies is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Forum Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Forum Energy. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Forum Energy Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.