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Forum Energy Technologies (FET) Competitors

Forum Energy Technologies logo
$15.25 +0.36 (+2.42%)
(As of 11/22/2024 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 business? We will contrast the two companies based on the strength of their risk, analyst recommendations, institutional ownership, valuation, profitability, media sentiment, community ranking, earnings and dividends.

Forum Energy Technologies received 109 more outperform votes than Newpark Resources when rated by MarketBeat users. However, 63.41% 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
324
63.41%
Underperform Votes
187
36.59%

Forum Energy Technologies has a beta of 2.46, suggesting that its stock price is 146% more volatile than the S&P 500. Comparatively, Newpark Resources has a beta of 2.87, suggesting that its stock price is 187% more volatile than the S&P 500.

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, hedge funds and endowments believe a company will outperform the market over the long term.

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.

Company Net Margins Return on Equity Return on Assets
Forum Energy Technologies-6.07% -2.00% -0.92%
Newpark Resources -28.47%5.93%4.08%

Newpark Resources has higher revenue and earnings than Forum Energy Technologies. Newpark Resources is trading at a lower price-to-earnings ratio than Forum Energy Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forum Energy Technologies$738.90M0.25-$18.88M-$4.23-3.61
Newpark Resources$749.60M0.91$14.52M-$1.83-4.33

Newpark Resources has a consensus target price of $11.00, suggesting a potential upside of 38.89%. Given Newpark Resources' stronger consensus rating and higher probable upside, analysts plainly 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)
0.00
Newpark Resources
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Newpark Resources had 5 more articles in the media than Forum Energy Technologies. MarketBeat recorded 5 mentions for Newpark Resources and 0 mentions for Forum Energy Technologies. Newpark Resources' average media sentiment score of 0.41 beat Forum Energy Technologies' score of 0.00 indicating that Newpark Resources is being referred to more favorably in the news media.

Company Overall Sentiment
Forum Energy Technologies Neutral
Newpark Resources Neutral

Summary

Newpark Resources beats Forum Energy Technologies on 14 of the 18 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.
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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$187.27M$4.99B$8.73B$20.16B
Dividend YieldN/A1.96%11.51%3.50%
P/E Ratio-3.6112.1413.4244.52
Price / Sales0.251.47121.2717.75
Price / Cash4.569.3911.6721.28
Price / Book0.422.043.494.71
Net Income-$18.88M$124.99M$949.80M$986.85M
7 Day Performance3.67%6.63%3.87%3.73%
1 Month Performance4.81%18.48%5.18%3.70%
1 Year Performance-30.40%32.62%414.13%27.73%

Forum Energy Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FET
Forum Energy Technologies
0.6809 of 5 stars
$15.25
+2.4%
N/A-30.4%$187.27M$738.90M-3.611,600High Trading Volume
NR
Newpark Resources
3.5126 of 5 stars
$7.77
+5.0%
$11.00
+41.6%
+10.0%$672.11M$749.60M-4.051,550
TTI
TETRA Technologies
3.0803 of 5 stars
$4.03
+1.5%
$7.00
+73.7%
-15.8%$531.19M$626.26M201.601,500
OIS
Oil States International
3.812 of 5 stars
$5.44
+1.5%
$6.50
+19.5%
-18.8%$343.32M$782.28M-16.242,752
NGS
Natural Gas Services Group
1.8309 of 5 stars
$27.33
+5.5%
$26.50
-3.0%
+85.4%$323.20M$152.31M21.35250Analyst Upgrade
High Trading Volume
GEOS
Geospace Technologies
0.3614 of 5 stars
$13.62
+9.6%
N/A-6.9%$160.46M$129.48M17.24650Analyst Upgrade
News Coverage
Gap Down
GIFI
Gulf Island Fabrication
2.0044 of 5 stars
$7.10
+2.6%
N/A+68.4%$116.09M$151.07M6.76960
DWSN
Dawson Geophysical
0.2977 of 5 stars
$1.39
-4.1%
N/A-9.0%$43.06M$96.85M-8.00190
SLB
Schlumberger
4.9105 of 5 stars
$44.10
+1.3%
$60.97
+38.3%
-15.8%$62.28B$33.14B14.18111,000Positive News
HAL
Halliburton
4.9376 of 5 stars
$31.99
+2.6%
$40.74
+27.4%
-15.7%$28.10B$23.02B11.1548,000Dividend Announcement
FTI
TechnipFMC
3.9033 of 5 stars
$30.06
+3.7%
$33.91
+12.8%
+47.4%$12.79B$7.82B19.7825,027Ex-Dividend
Analyst Revision
News Coverage

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This page (NYSE:FET) was last updated on 11/23/2024 by MarketBeat.com Staff
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