FET vs. OIS, NR, DRQ, DTI, SOI, PFIE, RNGR, FF, FREY, and NC
Should you be buying Forum Energy Technologies stock or one of its competitors? The main competitors of Forum Energy Technologies include Oil States International (OIS), Newpark Resources (NR), Dril-Quip (DRQ), Drilling Tools International (DTI), Solaris Oilfield Infrastructure (SOI), Profire Energy (PFIE), Ranger Energy Services (RNGR), FutureFuel (FF), FREYR Battery (FREY), and NACCO Industries (NC). These companies are all part of the "oils/energy" sector.
Oil States International (NYSE:OIS) and Forum Energy Technologies (NYSE:FET) are both small-cap oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, dividends, profitability, valuation, community ranking, institutional ownership, earnings, media sentiment and analyst recommendations.
Oil States International has a beta of 2.56, meaning that its share price is 156% more volatile than the S&P 500. Comparatively, Forum Energy Technologies has a beta of 2.6, meaning that its share price is 160% more volatile than the S&P 500.
Oil States International currently has a consensus target price of $8.25, suggesting a potential upside of 91.42%. Given Forum Energy Technologies' higher possible upside, equities research analysts plainly believe Oil States International is more favorable than Forum Energy Technologies.
Oil States International has a net margin of 1.65% compared to Oil States International's net margin of -2.56%. Forum Energy Technologies' return on equity of 2.20% beat Oil States International's return on equity.
In the previous week, Oil States International had 8 more articles in the media than Forum Energy Technologies. MarketBeat recorded 10 mentions for Oil States International and 2 mentions for Forum Energy Technologies. Oil States International's average media sentiment score of 0.02 beat Forum Energy Technologies' score of -0.41 indicating that Forum Energy Technologies is being referred to more favorably in the news media.
97.4% of Oil States International shares are owned by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are owned by institutional investors. 5.4% of Oil States International shares are owned by company insiders. Comparatively, 6.2% of Forum Energy Technologies shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Oil States International received 29 more outperform votes than Forum Energy Technologies when rated by MarketBeat users. Likewise, 58.26% of users gave Oil States International an outperform vote while only 53.46% of users gave Forum Energy Technologies an outperform vote.
Oil States International has higher revenue and earnings than Forum Energy Technologies. Forum Energy Technologies is trading at a lower price-to-earnings ratio than Oil States International, indicating that it is currently the more affordable of the two stocks.
Summary
Oil States International beats Forum Energy Technologies on 14 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding FET and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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