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

May 17, 2018 - By Yee Bell

During Q4 2017 the big money sentiment decreased to 1.05. That’s change of 0.29, from 2017Q3’s 1.34. 15 investors sold all, 43 reduced holdings as Forum Energy Technologies, Inc. ratio is negative. 39 rose stakes while 22 funds amassed stakes. Funds hold 95.28 million shares thus 2.47% less from 2017Q3’s 97.69 million shares.
Thomson Horstmann & Bryant Inc has invested 0.07% of its capital in Forum Energy Technologies, Inc. (NYSE:FET). New York State Common Retirement Fund reported 0% in Forum Energy Technologies, Inc. (NYSE:FET). California State Teachers Retirement Sys, a California-based fund reported 127,099 shs. Wealthtrust has 0.01% invested in Forum Energy Technologies, Inc. (NYSE:FET) for 952 shs. 1.10M were accumulated by Cortina Asset Mgmt Limited Liability. Viking Fund Mngmt Ltd Liability Corp accumulated 760,000 shs or 1.93% of the stock. Tower Capital Limited Liability (Trc) holds 1,447 shs or 0% of its capital. Savings Bank Of Montreal Can stated it has 33,039 shs. Virtu Limited Liability Company holds 41,201 shs. Aperio Ltd Liability Corp reported 19,110 shs stake. Fincl Bank Of America De stated it has 0% in Forum Energy Technologies, Inc. (NYSE:FET). Brenham Management Limited Partnership reported 1.83% of its capital in Forum Energy Technologies, Inc. (NYSE:FET). Massachusetts Fin Com Ma reported 2.70 million shs. Amer Intll Grp Inc holds 54,313 shs or 0% of its capital. Swiss Bank has 0% invested in Forum Energy Technologies, Inc. (NYSE:FET) for 112,024 shs.

Forum Energy Technologies, Inc. registered $956,700 net activity with 1 insider purchase and 0 selling transactions since March 2, 2018.

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

In total 9 analysts cover Forum Energy Tech (NYSE:FET). “Buy” rating has 1, “Sell” are 0, while 8 are “Hold”. (NYSE:FET) has 11% bullish analysts. 12 are the (NYSE:FET)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Thursday, January 4 Jefferies maintained Forum Energy Technologies, Inc. (NYSE:FET) with “Hold” rating. On Monday, February 12 the stock of Forum Energy Technologies, Inc. (NYSE:FET) earned “Hold” rating by Piper Jaffray. On Monday, February 12 the rating was maintained by Barclays Capital with “Equal-Weight”. On Monday, February 12 the rating was maintained by JP Morgan with “Neutral”. The stock rating was maintained by Cowen & Co with “Hold” on Monday, February 12. On Wednesday, May 2 Citigroup maintained Forum Energy Technologies, Inc. (NYSE:FET) rating. Citigroup has “Neutral” rating and $14 target. On Monday, February 12 the rating was maintained by Deutsche Bank with “Hold”. In Thursday, January 11 report Cowen & Co maintained it with “Hold” rating and $13.0 target. In Tuesday, February 13 report Jefferies upgraded the stock to “Buy” rating. The stock rating was maintained by Piper Jaffray with “Hold” on Sunday, April 8. Listed here are Forum Energy Technologies, Inc. (NYSE:FET) PTs and latest ratings.

02/05/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $12 New Target: $14 Maintain
08/04/2018 Broker: Piper Jaffray Rating: Hold New Target: $12.7500 Maintain
13/02/2018 Broker: Jefferies Rating: Buy New Target: $15.0 Upgrade
12/02/2018 Broker: Piper Jaffray Rating: Hold New Target: $13.15 Maintain
12/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $17 New Target: $15 Maintain
12/02/2018 Broker: B. Riley & Co Rating: Neutral Old Target: $16 New Target: $13 Maintain
12/02/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $17 New Target: $16 Maintain
12/02/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $13 New Target: $11 Maintain
12/02/2018 Broker: Cowen & Co Rating: Hold New Target: $10.0 Maintain
12/02/2018 Broker: FBR Capital Rating: Hold New Target: $13.0

FET is hitting $15.77 during the last trading session, after increased 2.77%.Currently Forum Energy Technologies, Inc. is downtrending after 41.26% change in last May 17, 2017. FET has 53,582 shares volume. FET underperformed by 52.81% the S&P 500.

Forum Energy Technologies, Inc. designs, makes, and distributes products to the oil and natural gas industry in the United States and internationally.The firm is worth $1.71 billion. The firm operates in three divisions: Drilling & Subsea, Completions, and Production & Infrastructure.Last it reported negative earnings. The Drilling & Subsea segment creates and makes products, and provides related services to the drilling and subsea construction markets.

There’s a substantial Forum Energy Technologies, Inc. (NYSE:FET) news released by Globenewswire.com. It’s an article titled: “Consolidated Research: 2018 Summary Expectations for EQT, NiSource, Vulcan Materials, General Growth Properties …” on May 10, 2018.

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

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