Forum Energy Technologies: Growth Is Becoming More Profitable

Impact · against what's priced in

FET is showing strong operating leverage with EBITDA growth significantly outpacing revenue growth, alongside a low-multiple acquisition. These factors suggest an improvement in profitability and earnings accretion that provides a positive catalyst for the stock.

FET+0.60

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In context

Q3 adjusted EBITDA grew 13.5% to $36 million against a modest 4.7% revenue increase, demonstrating significant operating leverage. Additionally, the Premiere Torque Rings acquisition at 4.1x EBITDA is expected to be accretive to EPS.

Read from the article alone

• FET
• acquisition
• analyst rating
• cross selling
• dilution
• ebitda
• energy services
• profitability

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