For its fourth fiscal quarter (ending December 31), Forum Energy Technologies Inc (NYSE: FET) has reported a 412% increase in E.P.S. from $-1.64 a year ago to $-8.39 in the current quarter. For the latest four quarters through December 31, E.P.S. were $-11.00 compared to $-1.85 a year ago — an increase of 495%.
Recent Price Action
Forum Energy Technologies Inc (NYSE: FET) stock closed at $18.99 on 2/20/25 after a slight gain of 0.05%. However, exceptionally low trading volume at 43% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 5.6% during the last week.
Current PriceTarget Research Rating
Forum Energy Technologies has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Forum Energy Technologies has a slightly positive Appreciation Score of 68 and a neutral Power Rating of 41, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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