1 day Ago By ABMN Staff
Forum Energy Technologies ( NYSE:FET – Get Free Report ) is anticipated to announce its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect Forum Energy Technologies to post earnings of $0.43 per share and revenue of $196.
45 million for the quarter. Forum Energy Technologies ( NYSE:FET – Get Free Report ) last announced its earnings results on Thursday, February 20th. The oil and gas company reported ($0.
48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.58).
Forum Energy Technologies had a negative return on equity of 2.39% and a negative net margin of 16.57%.
The business had revenue of $201.00 million for the quarter, compared to analyst estimates of $201.85 million.
Forum Energy Technologies Trading Up 0.7 % Shares of FET opened at $15.24 on Wednesday.
The company has a debt-to-equity ratio of 0.37, a current ratio of 1.93 and a quick ratio of 0.
87. Forum Energy Technologies has a 1-year low of $12.78 and a 1-year high of $21.
57. The stock has a market cap of $188.46 million, a price-to-earnings ratio of -1.
39 and a beta of 1.74. The firm has a 50 day simple moving average of $17.
32 and a 200-day simple moving average of $16.56. Analyst Ratings Changes View Our Latest Stock Analysis on FET Insiders Place Their Bets In other Forum Energy Technologies news, CEO Neal Lux bought 9,129 shares of the company’s stock in a transaction that occurred on Thursday, March 13th.
The stock was purchased at an average cost of $17.65 per share, for a total transaction of $161,126.85.
Following the completion of the purchase, the chief executive officer now owns 212,250 shares of the company’s stock, valued at $3,746,212.50. This trade represents a 4.
49 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . 6.
90% of the stock is owned by corporate insiders. About Forum Energy Technologies ( Get Free Report ) 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. It operates through three segments: Drilling & Downhole, Completions, and Production.
The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction and services markets, including applications in oil and natural gas, renewable energy, defense, and communications. Featured Articles Receive News & Ratings for Forum Energy Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forum Energy Technologies and related companies with MarketBeat.com's FREE daily email newsletter .
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