NYSE:FTK Flotek Industries (FTK) Stock Price, News & Analysis $7.84 -0.40 (-4.85%) (As of 11/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Flotek Industries Stock (NYSE:FTK) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Flotek Industries alerts:Sign Up Key Stats Today's Range$7.61▼$8.6550-Day Range$4.63▼$8.2352-Week Range$2.64▼$8.65Volume332,105 shsAverage Volume165,790 shsMarket Capitalization$233.63 millionP/E Ratio30.16Dividend YieldN/APrice Target$7.50Consensus RatingBuy Company OverviewFlotek 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… Breaking News: Tesla headed to $500… (Ad)That headline hit late last night…and the rally has begun Which is why we want to urge you to go ahead and download Lance’s e-Book now outlining his bullish case for Tesla. So to claim your free digital copy today, simply follow this link and enter your email address. Flotek Industries Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks30th Percentile Overall ScoreFTK MarketRank™: Flotek Industries scored higher than 30% of companies evaluated by MarketBeat, and ranked 221st out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.7 / 5Analyst RatingBuy 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 1 research reports in the past 90 days.Read more about Flotek Industries' stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth48.28% Earnings GrowthEarnings for Flotek Industries are expected to grow by 48.28% in the coming year, from $0.29 to $0.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Flotek Industries is 30.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Flotek Industries is 30.16, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.29.Price to Book Value per Share RatioFlotek Industries has a P/B Ratio of 2.14. 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. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted2.11% 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 5.Change versus previous monthShort interest in Flotek Industries has recently increased by 3.34%, indicating that investor sentiment is decreasing. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldFlotek Industries does not currently pay a dividend.Dividend GrowthFlotek Industries does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted2.11% 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 5.Change versus previous monthShort interest in Flotek Industries has recently increased by 3.34%, indicating that investor sentiment is decreasing. News and Social Media2.7 / 5News SentimentN/A News SentimentFlotek Industries has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Flotek Industries this week, compared to 1 article on an average week.Search Interest4 people have searched for FTK on MarketBeat in the last 30 days. Company Ownership0.0 / 5Insider TradingN/A 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. 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 FTK Stock News HeadlinesFlotek price target raised to $8 from $7 at Alliance Global PartnersNovember 7, 2024 | markets.businessinsider.comRoth MKM Keeps Their Buy Rating on Flotek (FTK)November 7, 2024 | markets.businessinsider.comDownload Our Tesla Ebook For FreeLike many of you, we here at the TradingPub are bullish on Tesla long term. We believe the company will continue to be a leader in technology, EVs and A.I. We also believe it’s share price will be rewarded in a big way… In fact, our #1 Tesla expert just published a brand new Ebook regarding Tesla’s future, and we’d like to send it to you at no cost.November 21, 2024 | DTI (Ad)Flotek Industries Reports Strong Q3 2024 PerformanceNovember 7, 2024 | markets.businessinsider.comDoes Flotek Industries (NYSE:FTK) Deserve A Spot On Your Watchlist?November 7, 2024 | finance.yahoo.comFlotek raises FY24 adjusted EBITDA view to $16.5M-$18.5M from $14M-$18MNovember 6, 2024 | markets.businessinsider.comFlotek Industries Inc (FTK) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid Market ...November 6, 2024 | finance.yahoo.comFlotek Reports Strong Q3 2024 Financial ResultsNovember 6, 2024 | markets.businessinsider.comSee More Headlines 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 100.0% and is now trading at $7.84. View the best growth stocks for 2024 here. How were Flotek Industries' earnings last quarter? Flotek Industries, Inc. (NYSE:FTK) issued its quarterly earnings data on Monday, November, 4th. The oil and gas company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. The oil and gas company had revenue of $49.74 million for the quarter, compared to analysts' expectations of $50.40 million. Flotek Industries had a net margin of 4.58% and a trailing twelve-month return on equity of 7.76%. When did Flotek Industries' stock split? Flotek Industries's stock reverse split on the morning of 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 closing bell 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. Who are Flotek Industries' major shareholders? Flotek Industries' top institutional shareholders include Geode Capital Management LLC (1.00%), Sanders Morris Harris LLC (0.09%), PDT Partners LLC (0.06%) and Barclays PLC (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 NVIDIA (NVDA), Meta Platforms (META), General Electric (GE), Advanced Micro Devices (AMD), Broadcom (AVGO), CymaBay Therapeutics (CBAY) and Adobe (ADBE). Company Calendar Last Earnings11/04/2024Today11/21/2024Fiscal Year End12/31/2024Next Earnings (Estimated)3/11/2025Get 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$7.50 High Stock Price Target$8.00 Low Stock Price Target$7.00 Potential Upside/Downside-4.3%Consensus RatingBuy Rating Score (0-4)3.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.26 Trailing P/E Ratio30.16 Forward P/E Ratio27.03 P/E GrowthN/ANet Income$24.71 million Net Margins4.58% Pretax Margin4.77% Return on Equity7.76% Return on Assets5.19% Debt Debt-to-Equity RatioN/A Current Ratio1.93 Quick Ratio1.64 Sales & Book Value Annual Sales$188.06 million Price / Sales1.24 Cash Flow$0.02 per share Price / Cash Flow341.85 Book Value$3.66 per share Price / Book2.14Miscellaneous Outstanding Shares29,800,000Free Float27,922,000Market Cap$233.63 million OptionableOptionable Beta1.04 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report This page (NYSE:FTK) was last updated on 11/21/2024 by MarketBeat.com Staff From Our PartnersThe Crypto That’s Making Wall Street SweatThe Crypto Wall Street Is Desperate to Hide It's happening now, right under everyone's radar. 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