Equities Analysts Offer Predictions for FTK FY2026 Earnings

Flotek Industries, Inc. (NYSE:FTK) – Equities researchers at Northland Securities raised their FY2026 earnings per share estimates for shares of Flotek Industries in a research report issued on Thursday, November 5th. Northland Securities analyst J. Grampp now forecasts that the oil and gas company will post earnings of $1.03 per share for the year, up from their prior estimate of $0.82. The consensus estimate for Flotek Industries’ current full-year earnings is $0.90 per share. Northland Securities also issued estimates for Flotek Industries’ Q1 2027 earnings at $0.29 EPS, Q2 2027 earnings at $0.40 EPS, Q3 2027 earnings at $0.41 EPS, Q4 2027 earnings at $0.42 EPS and FY2027 earnings at $1.52 EPS.

Flotek Industries (NYSE:FTK) last issued its quarterly earnings data on Tuesday, November 3rd. The oil and gas company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.13. Flotek Industries had a return on equity of 24.56% and a net margin of 8.81%. The firm had revenue of $114.35 million during the quarter, compared to analysts’ expectations of $94.36 million.

Several other equities research analysts have also recently commented on the company. Lake Street Capital increased their price target on Flotek Industries from $40.00 to $44.00 and gave the company a “buy” rating in a report on Tuesday, September 15th. Weiss Ratings downgraded Flotek Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 30th. Finally, Zacks Research raised Flotek Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to data from MarketBeat, Flotek Industries currently has an average rating of “Buy” and an average price target of $34.67.

Flotek Industries Stock Up 6.3%

Shares of FTK stock opened at $25.99 on Monday. The stock has a 50 day moving average of $26.56 and a 200 day moving average of $22.28. The company has a current ratio of 2.30, a quick ratio of 1.50 and a debt-to-equity ratio of 0.49. The stock has a market cap of $941.25 million, a P/E ratio of 32.48 and a beta of 1.55. Flotek Industries has a twelve month low of $13.19 and a twelve month high of $39.67.

Institutional Trading of Flotek Industries

Several large investors have recently added to or reduced their stakes in FTK. Russell Investments Group Ltd. boosted its holdings in shares of Flotek Industries by 11.1% during the third quarter. Russell Investments Group Ltd. now owns 77,009 shares of the oil and gas company’s stock valued at $2,258,000 after acquiring an additional 7,685 shares during the period. Alps Advisors Inc. bought a new position in shares of Flotek Industries during the third quarter worth about $646,000. Vise Technologies Inc. acquired a new stake in shares of Flotek Industries in the 3rd quarter worth about $209,000. Prosperitas Financial LLC acquired a new stake in shares of Flotek Industries in the 3rd quarter worth about $251,000. Finally, Inspire Investing LLC acquired a new stake in shares of Flotek Industries in the 3rd quarter worth about $656,000. 10.90% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, major shareholder Profrac Gdm, Llc sold 2,306,806 shares of the business’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $26.01, for a total value of $60,000,024.06. Following the completion of the transaction, the insider directly owned 3,693,194 shares of the company’s stock, valued at $96,059,975.94. The trade was a 38.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Matthew Wilks bought 1,319,493 shares of the business’s stock in a transaction dated Friday, September 11th. The stock was acquired at an average cost of $26.01 per share, for a total transaction of $34,320,012.93. Following the purchase, the director owned 1,477,285 shares in the company, valued at approximately $38,424,182.85. This trade represents a 836.22% increase in their position. The SEC filing for this purchase provides additional information. 2.40% of the stock is currently owned by corporate insiders.

Flotek Industries Company Profile

Flotek Industries, Inc is a technology-driven company that develops chemistry and data solutions for the energy and industrial markets. Its offerings are designed to help customers improve operational performance, manage environmental impacts and use resources more efficiently.

Through its Chemistry Technologies business, Flotek provides proprietary green chemistry products for oil and natural gas exploration and production, industrial water treatment and other industrial applications.