Summary of Forum Energy Technologies, Inc. (NYSE:FET) Ratings on May 17, 2018

May 17, 2018 - By Matthew Medley

Big Money Sentiment decreased to 1.05 in Q4 2017. It has change of 0.29, from 2017Q3’s 1.34. The ratio worsened due to Forum Energy Technologies, Inc. positioning: 15 sold and 43 reduced. 22 funds bought stakes and 39 increased stakes. Investors holded 97.69 million in 2017Q3 but now own 95.28 million shares or 2.47% less.
Jennison Assoc Ltd Liability Corp reported 2.56 million shs. Tower Research Capital Limited Liability Corp (Trc) invested in 0% or 1,447 shs. Royal Savings Bank Of Canada holds 886,748 shs. Brenham Mngmt L P invested in 1.05 million shs. Moreover, Mesirow Invest Management has 1.34% invested in Forum Energy Technologies, Inc. (NYSE:FET). Tortoise Advisors Ltd Liability invested in 0% or 41 shs. Public Employees Retirement Systems Of Ohio holds 0% or 7,947 shs. Vanguard Grp Incorporated reported 6.53 million shs or 0% of all its holdings. Teacher Retirement Of Texas has 0% invested in Forum Energy Technologies, Inc. (NYSE:FET) for 22,520 shs. Legal General Grp Public Ltd Company holds 30,124 shs or 0% of its capital. Tiaa Cref Investment Mngmt Limited Liability Corp holds 0% or 265,474 shs in its capital. Paloma Mngmt accumulated 84,079 shs or 0.02% of the stock. New York State Common Retirement Fund stated it has 0% of its capital in Forum Energy Technologies, Inc. (NYSE:FET). Hsbc Public Limited Com has invested 0% in Forum Energy Technologies, Inc. (NYSE:FET). Dimensional Fund Advsr Limited Partnership accumulated 5.09 million shs or 0.03% of the stock.

Forum Energy Technologies, Inc. registered $956,700 net activity with 1 buy 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. In Monday, February 12 report B. Riley & Co maintained the stock with “Neutral” rating. On Thursday, January 11 the stock of Forum Energy Technologies, Inc. (NYSE:FET) has “Hold” rating given by Cowen & Co. On Monday, February 12 the firm earned “Neutral” rating by JP Morgan. The stock rating was upgraded by Jefferies to “Buy” on Tuesday, February 13. On Monday, February 12 the stock of Forum Energy Technologies, Inc. (NYSE:FET) earned “Hold” rating by Piper Jaffray. On Wednesday, May 2 the firm earned “Neutral” rating by Citigroup. In Thursday, January 4 report Jefferies maintained it with “Hold” rating and $17.0 target. On Monday, February 12 the firm has “Equal-Weight” rating by Barclays Capital given. On Monday, February 12 the firm has “Hold” rating given by Cowen & Co. On Sunday, April 8 the firm has “Hold” rating given by Piper Jaffray. 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

Ticker’s shares touched $15.77 during the last trading session after 2.77% change.Forum Energy Technologies, Inc. has volume of 53,582 shares. Since May 17, 2017 FET has declined 41.26% and is downtrending. FET underperformed the S&P 500 by 52.81%.

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 valued at $1.71 billion. The firm operates in three divisions: Drilling & Subsea, Completions, and Production & Infrastructure.Currently it has negative earnings. The Drilling & Subsea segment creates and makes products, and provides related services to the drilling and subsea construction markets.

There’s an important Forum Energy Technologies, Inc. (NYSE:FET) news posted by Globenewswire.com. It’s a report 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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