NYSE:FTK Flotek Industries (FTK) Stock Price, News & Analysis $4.08 +0.08 (+2.00%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$3.90▼$4.2250-Day Range$3.85▼$5.0652-Week Range$2.64▼$5.61Volume178,365 shsAverage Volume65,981 shsMarket Capitalization$121.00 millionP/E Ratio101.97Dividend YieldN/APrice Target$6.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Flotek Industries alerts: Email Address Flotek Industries MarketRank™ Stock AnalysisAnalyst RatingBuy3.33 Rating ScoreUpside/Downside65.4% Upside$6.75 Price TargetShort InterestBearish1.85% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth51.85%From $0.27 to $0.41 Per ShareSee Full Details Hide Full Details 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.2.06 out of 5 starsOils/Energy Sector186th out of 239 stocksMiscellaneous Chemical Products Industry5th out of 7 stocks 3.7 Analyst's Opinion Consensus RatingFlotek Industries has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageFlotek Industries has only been the subject of 2 research reports in the past 90 days.Read more about Flotek Industries' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.85% of the float of Flotek Industries has been sold short.Short Interest Ratio / Days to CoverFlotek Industries has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in Flotek Industries has recently increased by 2.32%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldFlotek Industries does not currently pay a dividend.Dividend GrowthFlotek Industries does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FTK. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Flotek Industries this week, compared to 1 article on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Flotek Industries insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.29% of the stock of Flotek Industries is held by insiders.Percentage Held by InstitutionsOnly 10.90% of the stock of Flotek Industries is held by institutions.Read more about Flotek Industries' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Flotek Industries are expected to grow by 51.85% in the coming year, from $0.27 to $0.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Flotek Industries is 101.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Flotek Industries is 101.97, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.67.Price to Book Value per Share RatioFlotek Industries has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Flotek Industries' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsNASDAQ to crash 50%?During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...Click here to learn more >>> 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.Read More FTK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FTK Stock News HeadlinesAugust 20, 2024 | finance.yahoo.comWe Think That There Are Some Issues For Flotek Industries (NYSE:FTK) Beyond Its Promising EarningsAugust 8, 2024 | fool.comSonos (SONO) Q3 2024 Earnings Call TranscriptSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... August 7, 2024 | seekingalpha.comFlotek Industries, Inc. (FTK) Q2 2024 Earnings Call TranscriptAugust 6, 2024 | investorplace.comFTK Stock Earnings: Flotek Industries Misses EPS, Beats Revenue for Q2 2024August 6, 2024 | prnewswire.comFlotek Announces Increased 2024 Guidance and Continued Profitability Growth in Connection with Second Quarter 2024 ResultsJuly 30, 2024 | finance.yahoo.comIs There An Opportunity With Flotek Industries, Inc.'s (NYSE:FTK) 34% Undervaluation?July 25, 2024 | msn.comRoth MKM Initiates Coverage of Flotek Industries (FTK) with Buy RecommendationSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... July 16, 2024 | prnewswire.comFLOTEK'S JP3 ANALYZER RECEIVES EPA APPROVAL FOR OIL AND GAS FLARE MONITORING REGULATIONSJuly 9, 2024 | prnewswire.comFlotek Announces Timing of Second Quarter 2024 Earnings Release and Participation in EnerCom - The Energy Investment ConferenceJune 11, 2024 | prnewswire.comFlotek Set to Join the Russell Microcap® IndexJune 10, 2024 | prnewswire.comFlotek Enhances Executive Leadership Team With Addition of Leon Chad as Senior Vice President, CommercialMay 24, 2024 | prnewswire.comFlotek Announces Departure of Director David NierenbergMay 18, 2024 | wsj.comFlotek Industries Inc.May 9, 2024 | finance.yahoo.comFlotek Industries, Inc. (NYSE:FTK) Q1 2024 Earnings Call TranscriptMay 9, 2024 | finance.yahoo.comFlotek Industries First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagMay 9, 2024 | finance.yahoo.comQ1 2024 Flotek Industries Inc Earnings CallSee More Headlines Receive FTK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Flotek Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/06/2024Today9/07/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Miscellaneous chemical products Sub-IndustrySpecialty Chemicals Current SymbolNYSE:FTK CUSIP34338910 CIK928054 Webwww.flotekind.com Phone(713) 849-9911Fax713-466-8386Employees130Year FoundedN/APrice Target and Rating Average Stock Price Target$6.75 High Stock Price Target$7.00 Low Stock Price Target$6.50 Potential Upside/Downside+65.4%Consensus RatingBuy Rating Score (0-4)3.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.04 Trailing P/E Ratio101.97 Forward P/E Ratio15.11 P/E GrowthN/ANet Income$24.71 million Net Margins3.94% Pretax Margin4.16% Return on Equity6.73% Return on Assets4.46% Debt Debt-to-Equity RatioN/A Current Ratio1.85 Quick Ratio1.57 Sales & Book Value Annual Sales$175.98 million Price / Sales0.69 Cash Flow$0.02 per share Price / Cash Flow175.90 Book Value$3.56 per share Price / Book1.15Miscellaneous Outstanding Shares29,657,000Free Float27,792,000Market Cap$121.00 million OptionableOptionable Beta1.03 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesDr. Ryan Gillis Ezell Ph.D. (Age 45)CEO & Director Comp: $1.37MMr. J. Bond Clement (Age 52)Chief Financial Officer Comp: $770.63kMr. Shane WiseSenior Vice President of OperationsDr. Glenn S. Penny Ph.D. (Age 74)Director of Technology Comp: $238.07kAndrew CarterChief Compliance OfficerMs. Amy E. Blakeway (Age 42)Senior VP, General Counsel & Corporate Secretary Ms. Andrea BerryVice President of People OperationsMs. Sally CheadleVice President and Corporate ControllerMore ExecutivesKey CompetitorsFutureFuelNYSE:FFSherwin-WilliamsNYSE:SHWEcolabNYSE:ECLInternational Flavors & FragrancesNYSE:IFFRPM InternationalNYSE:RPMView All CompetitorsInsiders & InstitutionsMasters Capital Management LLCSold 25,000 shares on 8/14/2024Ownership: 1.602%Dimensional Fund Advisors LPSold 50,187 shares on 8/9/2024Ownership: 0.124%Renaissance Technologies LLCSold 24,700 shares on 8/9/2024Ownership: 0.041%David NierenbergBought 33,118 shares on 12/13/2023Total: $116,906.54 ($3.53/share)David NierenbergBought 9,006 shares on 12/11/2023Total: $28,729.14 ($3.19/share)View All Insider TransactionsView All Institutional Transactions FTK Stock Analysis - Frequently Asked Questions How have FTK shares performed this year? Flotek Industries' stock was trading at $3.92 on January 1st, 2024. Since then, FTK shares have increased by 4.1% and is now trading at $4.08. View the best growth stocks for 2024 here. How were Flotek Industries' earnings last quarter? Flotek Industries, Inc. (NYSE:FTK) released its quarterly earnings data on Tuesday, August, 6th. The oil and gas company reported $0.06 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.06. The oil and gas company had revenue of $46.15 million for the quarter, compared to the consensus estimate of $46.60 million. Flotek Industries had a trailing twelve-month return on equity of 6.73% and a net margin of 3.94%. 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. Who are Flotek Industries' major shareholders? Top institutional shareholders of Flotek Industries include Masters Capital Management LLC (1.60%), Dimensional Fund Advisors LP (0.12%) and Renaissance Technologies LLC (0.04%). Insiders that own company stock include David Nierenberg, John W Gibson Jr, Ryan Gillis Ezell, Matthew Wilks, James Bond Clement and Harshavardhan V Agadi. 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. What other stocks do shareholders of Flotek Industries own? Based on aggregate information from My MarketBeat watchlists, some other companies that Flotek Industries investors own include Floor & Decor (FND), Freeport-McMoRan (FCX), OPKO Health (OPK), FireEye (FEYE), Inovio Pharmaceuticals (INO), Advanced Micro Devices (AMD) and Arrowhead Pharmaceuticals (ARWR). This page (NYSE:FTK) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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