Northland Capmk Has Optimistic Outlook of FTK Q2 Earnings

Flotek Industries, Inc. (NYSE:FTK) – Equities 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 post earnings per share of $0.22 for the quarter, up from their previous forecast of $0.21. Northland Capmk 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.

Other equities analysts have also issued reports about the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Flotek Industries in a research note on Wednesday, October 8th. Wall Street Zen lowered Flotek Industries from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Northland Securities upgraded Flotek Industries from a “market perform” rating to an “outperform” rating and set a $16.00 price objective on the stock in a research note on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Flotek Industries presently has an average rating of “Buy” and an average target price of $14.33.

Flotek Industries Price Performance

NYSE FTK opened at $16.27 on Monday. Flotek Industries has a fifty-two week low of $4.85 and a fifty-two week high of $18.05. The stock’s 50-day moving average is $13.78 and its two-hundred day moving average is $12.92. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.59 and a quick ratio of 1.36. The firm has a market cap of $485.70 million, a P/E ratio of 36.97 and a beta of 1.18.

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

Institutional Trading of Flotek Industries

Several institutional investors and hedge funds have recently made changes to their positions in the business. Informed Momentum Co LLC raised its position in shares of Flotek Industries by 1.4% during the 1st quarter. Informed Momentum Co LLC now owns 100,105 shares of the oil and gas company’s stock valued at $834,000 after acquiring an additional 1,380 shares during the last quarter. Jefferies Financial Group Inc. increased its holdings in Flotek Industries by 3.2% during the 1st quarter. Jefferies Financial Group Inc. now owns 51,581 shares of the oil and gas company’s stock worth $430,000 after purchasing an additional 1,581 shares in the last quarter. Ritholtz Wealth Management boosted its stake in shares of Flotek Industries by 3.7% during the 2nd quarter. Ritholtz Wealth Management now owns 81,027 shares of the oil and gas company’s stock worth $1,196,000 after buying an additional 2,901 shares during the last quarter. Police & Firemen s Retirement System of New Jersey acquired a new position in shares of Flotek Industries during the 2nd quarter worth about $50,000. Finally, New York State Common Retirement Fund acquired a new position in shares of Flotek Industries during the 2nd quarter worth about $102,000. Institutional investors own 10.90% of the company’s stock.

Insider Buying and Selling at Flotek Industries

In other Flotek Industries news, CEO Ryan Gillis Ezell sold 87,187 shares of the company’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $12.26, for a total transaction of $1,068,912.62. Following the transaction, the chief executive officer owned 156,855 shares of the company’s stock, valued at approximately $1,923,042.30. This represents a 35.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $582,625.68. Following the transaction, the chief financial officer directly owned 95,439 shares in the company, valued at approximately $1,215,892.86. This represents a 32.39% decrease in their position. The SEC filing for this sale provides additional information. 3.02% of the stock is currently owned by corporate insiders.

About Flotek Industries

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).