Forum Energy Technologies, Inc. (FET) Analysts See $-0.06 EPS

April 24, 2018 - By Vivian Park

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.29, from 1.34 in 2017Q3. It turned negative, as 15 investors sold Forum Energy Technologies, Inc. shares while 43 reduced holdings. 22 funds opened positions while 39 raised stakes. 95.28 million shares or 2.47% less from 97.69 million shares in 2017Q3 were reported.
Vanguard Group reported 6.53 million shares. Suntrust Banks Inc invested 0% in Forum Energy Technologies, Inc. (NYSE:FET). California-based Wells Fargo And Mn has invested 0% in Forum Energy Technologies, Inc. (NYSE:FET). Simmons L E And Associates Incorporated accumulated 20.53M shares. Loomis Sayles & Comm Lp stated it has 0.04% of its portfolio in Forum Energy Technologies, Inc. (NYSE:FET). Kornitzer Cap Mgmt Ks has 943,109 shares. Bnp Paribas Arbitrage owns 24,233 shares. 19,089 were accumulated by Fdx Incorporated. Glenmede Trust Na has invested 0% in Forum Energy Technologies, Inc. (NYSE:FET). Metropolitan Life Insurance Ny reported 25,424 shares stake. Fifth Third Savings Bank invested 0% in Forum Energy Technologies, Inc. (NYSE:FET). Manufacturers Life Insurance The has invested 0% in Forum Energy Technologies, Inc. (NYSE:FET). Price T Rowe Md accumulated 1.83M shares or 0% of the stock. 2.36 million are held by Hillman. Engy Opportunities Cap Management Limited Liability Com invested 2.25% in Forum Energy Technologies, Inc. (NYSE:FET).

Since March 2, 2018, it had 1 insider purchase, and 0 sales for $956,700 activity.

Analysts expect Forum Energy Technologies, Inc. (NYSE:FET) to report $-0.06 EPS on April, 30 after the close.They anticipate $0.08 EPS change or 57.14 % from last quarter’s $-0.14 EPS. After having $-0.04 EPS previously, Forum Energy Technologies, Inc.’s analysts see 50.00 % EPS growth. The stock increased 0.41% or $0.05 during the last trading session, reaching $12.2. About 878,911 shares traded. Forum Energy Technologies, Inc. (NYSE:FET) has declined 41.26% since April 24, 2017 and is downtrending. It has underperformed by 52.81% the S&P500.

Forum Energy Technologies, Inc. (NYSE:FET) Ratings Coverage

Among 8 analysts covering Forum Energy Tech (NYSE:FET), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Forum Energy Tech had 11 analyst reports since January 4, 2018 according to SRatingsIntel. Cowen & Co maintained the stock with “Hold” rating in Thursday, January 11 report. The stock of Forum Energy Technologies, Inc. (NYSE:FET) has “Neutral” rating given on Monday, February 12 by JP Morgan. The firm earned “Hold” rating on Monday, February 12 by Deutsche Bank. The company was upgraded on Tuesday, February 13 by Jefferies. The firm has “Hold” rating given on Sunday, April 8 by Piper Jaffray. The firm earned “Neutral” rating on Monday, February 12 by B. Riley & Co. As per Monday, February 12, the company rating was maintained by Piper Jaffray. The company was maintained on Thursday, January 4 by Jefferies. The firm earned “Hold” rating on Monday, February 12 by Cowen & Co. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, February 12.

Forum Energy Technologies, Inc. designs, makes, and distributes products to the oil and natural gas industry in the United States and internationally. The company has market cap of $1.32 billion. The firm operates in three divisions: Drilling & Subsea, Completions, and Production & Infrastructure. It currently has negative earnings. The Drilling & Subsea segment creates and makes products, and provides related services to the drilling and subsea construction markets.

Forum Energy Technologies, Inc. (NYSE:FET) Institutional Positions Chart

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