NYSE:FTK

Flotek Industries (FTK) Stock Price, News & Analysis

$3.48
0.00 (0.00%)
(As of 05/2/2024 ET)
Today's Range
$3.40
$3.52
50-Day Range
$2.74
$3.80
52-Week Range
$2.64
$5.70
Volume
22,122 shs
Average Volume
51,313 shs
Market Capitalization
$103.22 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.00

Flotek Industries MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
101.1% Upside
$7.00 Price Target
Short Interest
Bearish
1.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.20mentions of Flotek Industries in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.03 out of 5 stars

Oils/Energy Sector

204th out of 231 stocks

Miscellaneous Chemical Products Industry

6th out of 6 stocks

FTK stock logo

About Flotek Industries Stock (NYSE:FTK)

Flotek Industries, Inc. operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally. It operates through two segments: Chemistry Technologies (CT) and Data Analytics (DA). The CT segment designs, develops, manufactures, packages, distributes, delivers, and markets green specialty chemicals that enhance the profitability of hydrocarbon producers, as well as green specialty chemistries, and logistics and technology services. This segment primarily serves integrated oil and gas, oilfield services, independent oil and gas, national and state-owned oil, geothermal energy, solar energy, and alternative energy companies. The DA segment designs, develops, produces, sells, and supports equipment and services that create and provide valuable information on the composition and properties of energy customers' hydrocarbon fluids. It sells its products directly through a mix of in-house sales professionals, as well as contractual agency agreements. Flotek Industries, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

FTK Stock Price History

FTK Stock News Headlines

Flotek Industries (FTK) to Release Earnings on Tuesday
The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
Flotek Industries, Inc. (FTK)
The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
Q4 2023 Flotek Industries Inc Earnings Call
Flotek Industries Inc (FTK)
Recap: Flotek Industries Q4 Earnings
Preview: Flotek Industries's Earnings
Flotek Industries Stock (NYSE:FTK) Insider Trades
FTK Jun 2024 7.000 call
FTK Jun 2024 4.000 put
Flotek Industries (NYSE: FTK)
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
5/03/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous chemical products
Sub-Industry
Specialty Chemicals
CUSIP
34338910
Employees
146
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.00
High Stock Price Target
$7.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+101.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$24.71 million
Pretax Margin
13.22%

Debt

Sales & Book Value

Annual Sales
$188.06 million
Cash Flow
$0.02 per share
Book Value
$3.44 per share

Miscellaneous

Free Float
27,540,000
Market Cap
$103.22 million
Optionable
Optionable
Beta
1.06
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Key Executives

  • Dr. Ryan Gillis Ezell Ph.D. (Age 45)
    CEO & Director
    Comp: $410.29k
  • Mr. J. Bond Clement (Age 52)
    Chief Financial Officer
  • Mr. Shane Wise
    Senior Vice President of Operations
  • Dr. Glenn S. Penny Ph.D. (Age 74)
    Director of Technology
    Comp: $238.07k
  • Andrew Carter
    Chief Compliance Officer
  • Ms. Amy E. Blakeway
    Senior VP & General Counsel
  • Ms. Andrea Berry
    Vice President of People Operations
  • Mr. Nathan Snoke
    Senior Vice President of Global Business Lines
  • Ms. Sally Cheadle
    Vice President and Corporate Controller

FTK Stock Analysis - Frequently Asked Questions

Should I buy or sell Flotek Industries stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flotek Industries in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FTK shares.
View FTK analyst ratings
or view top-rated stocks.

What is Flotek Industries' stock price target for 2024?

1 brokers have issued 12 month price objectives for Flotek Industries' stock. Their FTK share price targets range from $7.00 to $7.00. On average, they expect the company's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 101.1% from the stock's current price.
View analysts price targets for FTK
or view top-rated stocks among Wall Street analysts.

How have FTK shares performed in 2024?

Flotek Industries' stock was trading at $3.92 on January 1st, 2024. Since then, FTK shares have decreased by 11.2% and is now trading at $3.48.
View the best growth stocks for 2024 here
.

Are investors shorting Flotek Industries?

Flotek Industries saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 423,100 shares, a decrease of 9.8% from the March 15th total of 469,000 shares. Based on an average trading volume of 52,800 shares, the short-interest ratio is currently 8.0 days. Approximately 1.5% of the shares of the stock are sold short.
View Flotek Industries' Short Interest
.

When is Flotek Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our FTK earnings forecast
.

How can I listen to Flotek Industries' earnings call?

Flotek Industries will be holding an earnings conference call on Wednesday, May 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Flotek Industries' earnings last quarter?

Flotek Industries, Inc. (NYSE:FTK) issued its quarterly earnings data on Tuesday, March, 12th. The oil and gas company reported $0.07 EPS for the quarter. The oil and gas company had revenue of $42.19 million for the quarter. Flotek Industries had a net margin of 13.14% and a negative trailing twelve-month return on equity of 0.65%.

When did Flotek Industries' stock split?

Shares of Flotek Industries reverse split before market open on Tuesday, September 26th 2023. The 1-6 reverse split was announced on Thursday, September 14th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, September 25th 2023. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.

What is John W. Chisholm's approval rating as Flotek Industries' CEO?

9 employees have rated Flotek Industries Chief Executive Officer John W. Chisholm on Glassdoor.com. John W. Chisholm has an approval rating of 100% among the company's employees. This puts John W. Chisholm in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Flotek Industries own?
Who are Flotek Industries' major shareholders?

Flotek Industries' stock is owned by a variety of institutional and retail investors. Top institutional investors include Sanders Morris Harris LLC (0.20%). Insiders that own company stock include David Nierenberg, Harshavardhan V Agadi, James Bond Clement, John W Gibson Jr, Matthew Wilks and Ryan Gillis Ezell.
View institutional ownership trends
.

How do I buy shares of Flotek Industries?

Shares of FTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FTK) was last updated on 5/3/2024 by MarketBeat.com Staff

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