Forum Energy Technologies (NYSE: FET) is one of 56 publicly-traded companies in the “Oil Related Services and Equipment” industry, but how does it weigh in compared to its rivals? We will compare Forum Energy Technologies to related companies based on the strength of its valuation, earnings, risk, dividends, institutional ownership, analyst recommendations and profitability.

Risk and Volatility

Forum Energy Technologies has a beta of 1.64, suggesting that its stock price is 64% more volatile than the S&P 500. Comparatively, Forum Energy Technologies’ rivals have a beta of 1.57, suggesting that their average stock price is 57% more volatile than the S&P 500.

Profitability

This table compares Forum Energy Technologies and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Forum Energy Technologies -18.89% -4.55% -3.03%
Forum Energy Technologies Competitors -18.70% -17.92% -6.15%

Earnings and Valuation

This table compares Forum Energy Technologies and its rivals gross revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Forum Energy Technologies $657.68 million -$22.64 million -10.61
Forum Energy Technologies Competitors $2.04 billion $274.32 million -38.78

Forum Energy Technologies’ rivals have higher revenue and earnings than Forum Energy Technologies. Forum Energy Technologies is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Institutional and Insider Ownership

65.8% of shares of all “Oil Related Services and Equipment” companies are held by institutional investors. 32.8% of Forum Energy Technologies shares are held by company insiders. Comparatively, 11.9% of shares of all “Oil Related Services and Equipment” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Forum Energy Technologies and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Forum Energy Technologies 0 11 5 0 2.31
Forum Energy Technologies Competitors 500 2211 2926 125 2.46

Forum Energy Technologies presently has a consensus target price of $19.67, indicating a potential upside of 41.49%. As a group, “Oil Related Services and Equipment” companies have a potential upside of 29.25%. Given Forum Energy Technologies’ higher probable upside, analysts clearly believe Forum Energy Technologies is more favorable than its rivals.

Summary

Forum Energy Technologies rivals beat Forum Energy Technologies on 7 of the 12 factors compared.

About Forum Energy Technologies

Forum Energy Technologies, Inc. is an oilfield products company. The Company designs, manufactures and distributes products, and engages in aftermarket services, parts supply and related services. The Company operates through three segments: Drilling & Subsea, Completions, and Production & Infrastructure. The Drilling & Subsea segment designs and manufactures products, and provides related services to the drilling and subsea construction markets. The Completions segment designs, manufactures and supplies products, and provide related services to the well construction, completion, stimulation and intervention markets. The Production & Infrastructure segment designs, manufactures and supplies products, and provides related equipment and services to production and infrastructure markets. Its product offering includes a mix of engineered capital products and replaced items that are used in the exploration, development, production and transportation of oil and natural gas.

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