Northland Capmk Analysts Increase Earnings Estimates for FTK

Flotek Industries, Inc. (NYSE:FTK) – Research analysts at Northland Capmk upped their Q2 2026 earnings per share estimates for Flotek Industries in a research note issued on Wednesday, October 22nd. Northland Capmk analyst J. Grampp now anticipates that the oil and gas company will earn $0.22 per share for the quarter, up from their prior estimate of $0.21. Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for Flotek Industries’ current full-year earnings is $0.29 per share. Northland Capmk also issued estimates for Flotek Industries’ FY2026 earnings at $0.87 EPS.

Flotek Industries (NYSE:FTK) last posted its quarterly earnings results on Tuesday, August 5th. The oil and gas company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.03. The firm had revenue of $58.35 million during the quarter, compared to analyst estimates of $52.40 million. Flotek Industries had a return on equity of 17.67% and a net margin of 6.59%. Flotek Industries has set its FY 2025 guidance at EPS.

Several other brokerages also recently issued reports on FTK. Weiss Ratings reiterated a “hold (c)” rating on shares of Flotek Industries in a report on Saturday. Northland Securities upgraded Flotek Industries from a “market perform” rating to an “outperform” rating and set a $16.00 target price on the stock in a research note on Wednesday, August 6th. Finally, Wall Street Zen cut Flotek Industries from a “buy” rating to a “hold” rating in a research note on Saturday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Flotek Industries presently has an average rating of “Buy” and an average price target of $14.33.

Flotek Industries Stock Down 5.3%

NYSE:FTK opened at $16.86 on Monday. The firm has a market cap of $503.35 million, a P/E ratio of 38.31 and a beta of 1.18. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.36 and a current ratio of 1.59. Flotek Industries has a fifty-two week low of $4.85 and a fifty-two week high of $18.05. The firm has a 50-day simple moving average of $13.58 and a two-hundred day simple moving average of $12.79.

Insider Buying and Selling at Flotek Industries

In related news, CFO James Bond Clement sold 45,732 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $12.74, for a total transaction of $582,625.68. Following the completion of the sale, the chief financial officer owned 95,439 shares in the company, valued at approximately $1,215,892.86. This represents a 32.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ryan Gillis Ezell sold 87,187 shares of the stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $12.26, for a total value of $1,068,912.62. Following the completion of the transaction, the chief executive officer directly owned 156,855 shares in the company, valued at approximately $1,923,042.30. This represents a 35.73% decrease in their position. The disclosure for this sale can be found here. Insiders own 3.02% of the company’s stock.

Institutional Investors Weigh In On Flotek Industries

Hedge funds and other institutional investors have recently modified their holdings of the stock. Police & Firemen s Retirement System of New Jersey bought a new stake in Flotek Industries during the second quarter valued at about $50,000. Kathmere Capital Management LLC purchased a new position in shares of Flotek Industries during the 1st quarter valued at about $85,000. Victory Capital Management Inc. bought a new position in shares of Flotek Industries during the 1st quarter valued at approximately $96,000. New York State Common Retirement Fund bought a new position in shares of Flotek Industries during the 2nd quarter valued at approximately $102,000. Finally, Bard Associates Inc. purchased a new stake in Flotek Industries in the 1st quarter worth approximately $111,000. 10.90% of the stock is currently owned by hedge funds and other institutional investors.

Flotek Industries Company Profile

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).