Forum Energy Technologies (NYSE: FET) is one of 57 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 similar companies based on the strength of its institutional ownership, dividends, profitability, analyst recommendations, risk, earnings and valuation.

Valuation and Earnings

This table compares Forum Energy Technologies and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Forum Energy Technologies $657.68 million -$22.64 million -11.68
Forum Energy Technologies Competitors $2.00 billion $268.97 million -37.51

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.

Insider & Institutional Ownership

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

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 -17.56% -16.84% -5.66%

Risk & Volatility

Forum Energy Technologies has a beta of 1.71, suggesting that its stock price is 71% more volatile than the S&P 500. Comparatively, Forum Energy Technologies’ rivals have a beta of 1.60, suggesting that their average stock price is 60% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current recommendations for Forum Energy Technologies and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Forum Energy Technologies 0 12 4 0 2.25
Forum Energy Technologies Competitors 390 2018 2883 114 2.50

Forum Energy Technologies presently has a consensus target price of $18.73, suggesting a potential upside of 22.44%. As a group, “Oil Related Services and Equipment” companies have a potential upside of 21.58%. Given Forum Energy Technologies’ higher probable upside, equities 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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