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Forum Energy Technologies (FET) Competitors

Forum Energy Technologies logo
$13.96
-0.02 (-0.14%)
(As of 11/1/2024 ET)

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.

Forum Energy Technologies (NYSE:FET) and Newpark Resources (NYSE:NR) are both small-cap oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, valuation, profitability, media sentiment, community ranking, earnings, analyst recommendations and dividends.

Newpark Resources has higher revenue and earnings 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forum Energy Technologies$738.90M0.23-$18.88M-$2.26-6.18
Newpark Resources$749.60M0.75$14.52M$0.2526.08

Forum Energy Technologies received 110 more outperform votes than Newpark Resources when rated by MarketBeat users. However, 63.33% of users gave Newpark Resources an outperform vote while only 53.39% of users gave Forum Energy Technologies an outperform vote.

CompanyUnderperformOutperform
Forum Energy TechnologiesOutperform Votes
433
53.39%
Underperform Votes
378
46.61%
Newpark ResourcesOutperform Votes
323
63.33%
Underperform Votes
187
36.67%

65.6% of Forum Energy Technologies shares are held by institutional investors. Comparatively, 80.8% of Newpark Resources shares are held by institutional investors. 6.2% of Forum Energy Technologies shares are held by insiders. Comparatively, 4.8% of Newpark Resources shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Newpark Resources has a net margin of 3.15% compared to Forum Energy Technologies' net margin of -3.34%. Newpark Resources' return on equity of 7.49% beat Forum Energy Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Forum Energy Technologies-3.34% -1.37% -0.65%
Newpark Resources 3.15%7.49%4.89%

In the previous week, Forum Energy Technologies had 5 more articles in the media than Newpark Resources. MarketBeat recorded 6 mentions for Forum Energy Technologies and 1 mentions for Newpark Resources. Forum Energy Technologies' average media sentiment score of 0.49 beat Newpark Resources' score of 0.00 indicating that Forum Energy Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Forum Energy Technologies
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Newpark Resources
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Newpark Resources has a consensus target price of $11.00, suggesting a potential upside of 68.71%. Given Newpark Resources' higher possible upside, analysts clearly believe Newpark Resources is more favorable than Forum Energy Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Forum Energy Technologies
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Newpark Resources
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00

Forum Energy Technologies has a beta of 2.44, meaning that its share price is 144% more volatile than the S&P 500. Comparatively, Newpark Resources has a beta of 2.86, meaning that its share price is 186% more volatile than the S&P 500.

Summary

Newpark Resources beats Forum Energy Technologies on 13 of the 17 factors compared between the two stocks.

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.
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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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FET vs. The Competition

MetricForum Energy TechnologiesOil & gas field machinery IndustryEnergy SectorNYSE Exchange
Market Cap$171.43M$4.28B$8.04B$19.25B
Dividend YieldN/A2.22%11.87%3.53%
P/E Ratio-6.189.7712.9343.31
Price / Sales0.231.1568.9714.53
Price / Cash4.318.3511.0820.89
Price / Book0.341.783.755.40
Net Income-$18.88M$124.99M$962.59M$985.39M
7 Day Performance-3.06%2.89%-0.13%-0.71%
1 Month Performance-10.83%0.74%-0.35%-0.97%
1 Year Performance-35.85%16.01%-2.18%25.05%

Forum Energy Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FET
Forum Energy Technologies
1.3437 of 5 stars
$13.96
-0.1%
N/A-35.8%$171.43M$738.90M-6.181,600Earnings Report
News Coverage
Gap Down
NR
Newpark Resources
3.2861 of 5 stars
$6.78
+0.4%
$11.00
+62.2%
-10.1%$577.67M$714.43M27.121,550Upcoming Earnings
TTI
TETRA Technologies
3.4796 of 5 stars
$3.06
+2.3%
$7.00
+128.8%
-31.2%$402.24M$626.26M38.251,500Earnings Report
Analyst Upgrade
News Coverage
OIS
Oil States International
3.8638 of 5 stars
$4.31
+3.1%
$6.50
+50.8%
-38.7%$274.94M$782.28M-143.672,752Earnings Report
Analyst Downgrade
News Coverage
NGS
Natural Gas Services Group
3.5361 of 5 stars
$20.24
+1.0%
$26.50
+30.9%
+34.5%$252.39M$121.17M19.09250News Coverage
GEOS
Geospace Technologies
1.0259 of 5 stars
$11.24
+1.9%
N/A-4.2%$145.11M$124.51M14.23650Short Interest ↓
GIFI
Gulf Island Fabrication
1.1118 of 5 stars
$5.48
-0.4%
N/A+36.7%$90.01M$151.07M-4.85960Upcoming Earnings
Positive News
DWSN
Dawson Geophysical
0.374 of 5 stars
$1.79
+6.5%
N/A+10.5%$55.33M$96.85M-8.95190Gap Down
SLB
Schlumberger
4.8394 of 5 stars
$41.74
+1.2%
$60.97
+46.1%
-28.8%$59.66B$36.00B13.42111,000
HAL
Halliburton
4.966 of 5 stars
$28.25
+1.4%
$41.74
+47.7%
-29.8%$24.94B$23.02B9.3948,000Upcoming Earnings
Short Interest ↓
FTI
TechnipFMC
4.3708 of 5 stars
$26.48
+2.4%
$31.37
+18.5%
+20.1%$10.97B$7.82B24.2925,027Analyst Upgrade
Buyback Announcement

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This page (NYSE:FET) was last updated on 11/2/2024 by MarketBeat.com Staff
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