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 expected to announce its Q2 2025 earnings results 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 quarterly 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 net margin of 7.09% and a return on equity of 12.76%. The firm had revenue of $55.36 million during the quarter, compared to analysts' expectations 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 Trading Down 5.6%

Shares of FTK stock 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 383,918. The firm has a market capitalization of $339.44 million, a price-to-earnings ratio of 25.27 and a beta of 1.36. Flotek Industries has a 12-month low of $3.79 and a 12-month high of $16.87. The company's 50-day moving average price is $14.06 and its 200-day moving average price is $10.65.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Northland Capmk raised shares of Flotek Industries to a "hold" rating in a research report on Tuesday, June 17th. Northland Securities assumed coverage on shares of Flotek Industries in a research report on Tuesday, June 17th. They issued a "market perform" rating and a $16.00 price target for the company. Alliance Global Partners initiated coverage on shares of Flotek Industries in a research report on Thursday, June 12th. They issued a "buy" rating and a $19.00 price target for the company. Finally, Wall Street Zen raised shares of Flotek Industries from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 26th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $14.33.

Insider Transactions at Flotek Industries

In related news, Director Matthew Wilks purchased 103,514 shares of the business's stock in a transaction on Monday, May 12th. The shares were acquired at an average price of $12.24 per share, for a total transaction of $1,267,011.36. Following the purchase, the director owned 144,350 shares of the company's stock, valued at $1,766,844. This trade represents a 253.49% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders have purchased 149,766 shares of company stock worth $1,841,758. Corporate insiders own 3.02% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Acadian Asset Management LLC purchased a new stake in shares of Flotek Industries in the 1st quarter valued at $332,000. Jane Street Group LLC boosted its holdings in shares of Flotek Industries by 88.5% in the 1st quarter. Jane Street Group LLC now owns 100,151 shares of the oil and gas company's stock valued at $834,000 after acquiring an additional 47,018 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Flotek Industries by 27.9% in 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 acquiring an additional 26,400 shares during the last quarter. Institutional investors and hedge funds own 10.90% of the company's stock.

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).