What is Northland Securities’ Forecast for FTK Q3 Earnings?

Flotek Industries, Inc. (NYSE:FTK) – Equities researchers at Northland Securities boosted their Q3 2026 earnings per share (EPS) estimates for Flotek Industries in a research report issued on Wednesday, March 4th. Northland Securities analyst J. Grampp now expects that the oil and gas company will post earnings of $0.21 per share for the quarter, up from their previous forecast of $0.20. Northland Securities has a “Outperform” rating and a $20.00 price target on the stock. The consensus estimate for Flotek Industries’ current full-year earnings is $0.29 per share. Northland Securities also issued estimates for Flotek Industries’ Q4 2026 earnings at $0.22 EPS, FY2026 earnings at $0.76 EPS and FY2027 earnings at $1.48 EPS.

Several other research analysts have also recently weighed in on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Flotek Industries in a research report on Monday, December 29th. Wall Street Zen lowered shares of Flotek Industries from a “buy” rating to a “hold” rating in a research report on Sunday, November 16th. Lake Street Capital initiated coverage on shares of Flotek Industries in a research note on Thursday, January 29th. They issued a “buy” rating and a $25.00 price target for the company. Finally, Zacks Research lowered shares of Flotek Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $21.33.

Flotek Industries Stock Performance

Shares of FTK opened at $16.99 on Monday. The company has a market cap of $510.72 million, a PE ratio of 19.09 and a beta of 1.45. The company has a current ratio of 1.77, a quick ratio of 1.54 and a debt-to-equity ratio of 0.36. The stock has a 50-day moving average price of $17.18 and a 200-day moving average price of $15.60. Flotek Industries has a 12-month low of $6.05 and a 12-month high of $20.09.

Institutional Investors Weigh In On Flotek Industries

Hedge funds have recently made changes to their positions in the business. Aristides Capital LLC boosted its stake in shares of Flotek Industries by 4.6% in the 4th quarter. Aristides Capital LLC now owns 31,390 shares of the oil and gas company’s stock valued at $541,000 after purchasing an additional 1,390 shares in the last quarter. Invesco Ltd. purchased a new stake in Flotek Industries during the 4th quarter valued at about $212,000. XTX Topco Ltd grew its position in Flotek Industries by 61.8% during the 4th quarter. XTX Topco Ltd now owns 30,116 shares of the oil and gas company’s stock worth $519,000 after acquiring an additional 11,498 shares during the last quarter. nVerses Capital LLC bought a new position in Flotek Industries during the 4th quarter worth approximately $198,000. Finally, Manatuck Hill Partners LLC increased its stake in Flotek Industries by 9.5% in the 4th quarter. Manatuck Hill Partners LLC now owns 289,000 shares of the oil and gas company’s stock worth $4,979,000 after purchasing an additional 25,000 shares during the period. 10.90% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Flotek Industries

In related news, CFO James Bond Clement sold 6,299 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $16.02, for a total value of $100,909.98. Following the completion of the sale, the chief financial officer owned 122,837 shares in the company, valued at $1,967,848.74. The trade was a 4.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 3.02% of the company’s stock.

About Flotek Industries

Flotek Industries, Inc (NYSE: FTK) is a Houston-based oilfield services provider specializing in innovative chemical technologies for the upstream energy sector. The company develops, manufactures and markets specialty drilling fluids, completion fluids and production chemicals that enhance drilling efficiency, optimize well performance and mitigate operational risks. Flotek’s solutions are designed to improve drilling rates of penetration, reduce nonproductive time and address challenging downhole environments, including high-pressure/high-temperature wells and sour service conditions.

Flotek’s operations are organized into three core business segments: Drilling & Completion Fluids, Production Chemicals & Process Management, and Water Solutions.