FET vs. NR, TTI, OIS, NGS, GEOS, GIFI, DWSN, SLB, HAL, and FTI
Should you be buying Forum Energy Technologies stock or one of its competitors? The main competitors of Forum Energy Technologies include Newpark Resources (NR), TETRA Technologies (TTI), Oil States International (OIS), Natural Gas Services Group (NGS), Geospace Technologies (GEOS), Gulf Island Fabrication (GIFI), Dawson Geophysical (DWSN), Schlumberger (SLB), Halliburton (HAL), and TechnipFMC (FTI). These companies are all part of the "oil & gas equipment & services" industry.
Forum Energy Technologies vs.
Newpark Resources (NYSE:NR) and Forum Energy Technologies (NYSE:FET) are both small-cap oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, valuation, risk, analyst recommendations, institutional ownership, earnings, community ranking, profitability and media sentiment.
Forum Energy Technologies has a net margin of -6.07% compared to Newpark Resources' net margin of -28.47%. Newpark Resources' return on equity of 5.93% beat Forum Energy Technologies' return on equity.
Newpark Resources has higher earnings, but lower revenue than Forum Energy Technologies. Forum Energy Technologies is trading at a lower price-to-earnings ratio than Newpark Resources, indicating that it is currently the more affordable of the two stocks.
Newpark Resources has a beta of 2.92, indicating that its stock price is 192% more volatile than the S&P 500. Comparatively, Forum Energy Technologies has a beta of 2.4, indicating that its stock price is 140% more volatile than the S&P 500.
Forum Energy Technologies received 109 more outperform votes than Newpark Resources when rated by MarketBeat users. However, 62.79% of users gave Newpark Resources an outperform vote while only 53.39% of users gave Forum Energy Technologies an outperform vote.
Newpark Resources currently has a consensus target price of $11.00, indicating a potential upside of 0.00%. Given Newpark Resources' stronger consensus rating and higher possible upside, equities analysts clearly believe Newpark Resources is more favorable than Forum Energy Technologies.
In the previous week, Forum Energy Technologies had 2 more articles in the media than Newpark Resources. MarketBeat recorded 2 mentions for Forum Energy Technologies and 0 mentions for Newpark Resources. Forum Energy Technologies' average media sentiment score of 0.18 beat Newpark Resources' score of 0.00 indicating that Forum Energy Technologies is being referred to more favorably in the news media.
80.8% of Newpark Resources shares are owned by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are owned by institutional investors. 4.8% of Newpark Resources shares are owned by insiders. Comparatively, 6.2% of Forum Energy Technologies shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Summary
Newpark Resources beats Forum Energy Technologies on 11 of the 17 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NYSE:FET) was last updated on 2/1/2025 by MarketBeat.com Staff
