Flotek Industries (FTK) Expected to Announce Earnings on Tuesday

Key Points

• Flotek Industries (FTK) is set to release its Q2 2025 earnings on Tuesday, August 5th, with analysts expecting earnings of $0.12 per share and revenue of $52.40 million.
• In its last report on May 6th, Flotek beat earnings estimates with $0.17 EPS and revenue of $55.36 million, exceeding analyst forecasts significantly.
• Flotek Industries' shares opened at $12.15, with analysts maintaining an average rating of "Moderate Buy" and a target price of $14.33.

Flotek Industries (NYSE:FTK - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Tuesday, August 5th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $52.40 million for the quarter. Flotek Industries has set its FY 2025 guidance at EPS.

Flotek Industries (NYSE:FTK - Get Free Report) last released its earnings results on Tuesday, May 6th. The oil and gas company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.11. Flotek Industries had a return on equity of 12.76% and a net margin of 7.09%. The company had revenue of $55.36 million for the quarter, compared to the consensus estimate of $44.50 million. On average, analysts expect Flotek Industries to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Flotek Industries Stock Down 5.6%

NYSE:FTK traded down $0.68 during trading hours on Friday, reaching $11.37. 350,964 shares of the stock were exchanged, compared to its average volume of 374,696. The firm has a 50 day simple moving average of $14.13 and a 200-day simple moving average of $10.63. Flotek Industries has a 52 week low of $3.79 and a 52 week high of $16.87. The stock has a market capitalization of $339.39 million, a P/E ratio of 25.27 and a beta of 1.36.

Analysts Set New Price Targets

FTK has been the topic of a number of research reports. Wall Street Zen upgraded Flotek Industries from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 26th. Northland Securities initiated coverage on Flotek Industries in a research report on Tuesday, June 17th. They set a "market perform" rating and a $16.00 price target on the stock. Northland Capmk upgraded Flotek Industries to a "hold" rating in a research report on Tuesday, June 17th. Finally, Alliance Global Partners initiated coverage on Flotek Industries in a research report on Thursday, June 12th. They set a "buy" rating and a $19.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Flotek Industries has an average rating of "Moderate Buy" and a consensus price target of $14.33.

Insider Buying and Selling

In other Flotek Industries news, Director Matthew Wilks bought 13,040 shares of the stock in a transaction that occurred on Wednesday, May 14th. The shares were purchased at an average cost of $14.15 per share, for a total transaction of $184,516.00. Following the transaction, the director directly owned 157,390 shares in the company, valued at $2,227,068.50. The trade was a 9.03% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders purchased 149,766 shares of company stock valued at $1,841,758. 3.02% of the stock is owned by company insiders.

Institutional Trading of Flotek Industries

Large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. increased its position in shares of Flotek Industries by 27.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 120,927 shares of the oil and gas company's stock valued at $1,007,000 after purchasing an additional 26,400 shares during the period. Jane Street Group LLC boosted its position in shares of Flotek Industries by 88.5% in the first quarter. Jane Street Group LLC now owns 100,151 shares of the oil and gas company's stock worth $834,000 after buying an additional 47,018 shares during the period. Finally, Acadian Asset Management LLC acquired a new stake in shares of Flotek Industries in the first quarter worth $332,000. 10.90% of the stock is currently owned by institutional investors and hedge funds.

Flotek Industries Company Profile

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).