Forum Energy Stock Target Price and Analyst Consensus

FET -  USA Stock  

USD 20.58  1.43  7.47%

The current analyst and expert consensus on Forum Energy is Hold, with 0 strong sell and 0 strong buy opinions. The current projected Forum Energy target price consensus is 30.0 with 1 analyst opinions. The most common way Forum Energy Technologies analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Forum Energy executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Forum Energy. We encourage you to use your own analysis of Forum Energy Technologies to validate this buy or sell advice. Forum Energy buy-or-sell recommendation module provides average expert sentiment on the projected Forum Energy Technologies target price to derive its highest and lowest estimates based on projected price volatility of 0.0. Please check Macroaxis Advice on Forum Energy to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  
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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 Debt Current is comparatively stable at the moment as compared to the past year. Forum Energy reported Debt Current of 860,000 in 2021. Debt Non Current is likely to gain to about 326.8 M in 2022, whereas Trade and Non Trade Payables is likely to drop slightly above 94.4 M in 2022.

Forum Energy Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Forum target price is determined by taking all analyst projections and averaging them out. 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 target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of OpinionsOne
Lowered Outlook0
Raized Outlook0
Hold
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 those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Forum Energy Target Price Projection

Forum Energy's current and average target prices are 20.58 and 30.00, respectively. The current price of Forum Energy is the price at which Forum Energy Technologies is currently trading. On the other hand, Forum Energy's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Forum Energy Market Quote on 26th of June 2022

Low Price19.25Odds
High Price21.18Odds

20.58

Target Price

Analyst Consensus On Forum Energy Target Price

Low Estimate30.0Odds
High Estimate30.0Odds
Number of AnalystsOne
Standard Deviation0.0

30.0

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Forum Energy Technologies and the information provided on this page.

Forum Energy Analyst Ratings

Forum Energy's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Forum Energy stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Forum Energy's financials, market performance, and future outlook by experienced professionals. Forum Energy's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

About Forum Energy Target Price Projections

Forum Energy's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Forum Energy Technologies and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Forum depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Forum Energy Technologies including its fundamental analysis.
 2021 2022 (projected)
Calculated Tax Rate36.0539.14
Long Term Debt to Equity0.650.55

Additional Forum Energy Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Forum Energy is a key component of Forum Energy valuation and have some predictive power on the future returns of a Forum Energy.
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
17.0920.6724.25
Details
Intrinsic
Valuation
LowReal ValueHigh
18.5225.6929.27
Details
Naive
Forecast
LowNext ValueHigh
13.4517.0320.60
Details
Earnings
Estimates (1)
LowProjected EPSHigh
-9.67-9.67-9.67
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.

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Please check Macroaxis Advice on Forum Energy to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Forum Stock analysis

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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The data published in Forum Energy's official financial statements usually reflect Forum Energy's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Forum Energy Technologies. For example, before you start analyzing numbers published by Forum accountants, it's critical to develop an understanding of what Forum Energy's liquidity, profitability, and earnings quality are in the context of the Energy space in which it operates.
Please note, the presentation of Forum Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Forum Energy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Forum Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Forum Energy Technologies. Please utilize our Beneish M Score to check the likelihood of Forum Energy's management to manipulate its earnings.