Northland Capmk Issues Pessimistic Forecast for FTK Earnings

Key Points

• Analysts at Northland Capital Markets have reduced their Q3 2025 EPS estimate for Flotek Industries from $0.16 to $0.15, while maintaining a "Strong-Buy" rating on the stock.
• Flotek Industries reported Q2 earnings of $0.16 per share, exceeding the consensus estimate of $0.13, and had revenues of $58.35 million, surpassing expectations by $5.95 million.
• Several institutional investors have recently increased their stakes in Flotek Industries, which has led to a total of 10.90% of the company's stock being owned by these investors.

Flotek Industries, Inc. (NYSE:FTK - Free Report) - Stock analysts at Northland Capmk reduced their Q3 2025 EPS estimates for Flotek Industries in a research report issued on Wednesday, August 6th. Northland Capmk analyst J. Grampp now anticipates that the oil and gas company will post earnings of $0.15 per share for the quarter, down from their prior estimate of $0.16. Northland Capmk currently 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' Q4 2025 earnings at $0.15 EPS, Q1 2026 earnings at $0.20 EPS, Q2 2026 earnings at $0.21 EPS, Q3 2026 earnings at $0.23 EPS, Q4 2026 earnings at $0.23 EPS and FY2026 earnings at $0.86 EPS.

Flotek Industries (NYSE:FTK - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The oil and gas company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.03. Flotek Industries had a net margin of 6.59% and a return on equity of 17.67%. The company had revenue of $58.35 million during the quarter, compared to the consensus estimate of $52.40 million.

A number of other equities research analysts have also recently commented on FTK. Northland Securities raised shares of Flotek Industries from a "market perform" rating to an "outperform" rating and set a $16.00 target price for the company in a report on Wednesday, August 6th. Alliance Global Partners started coverage on shares of Flotek Industries in a report on Thursday, June 12th. They set a "buy" rating and a $19.00 price target for the company. Finally, Wall Street Zen cut shares of Flotek Industries from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 3rd. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Flotek Industries currently has an average rating of "Buy" and an average target price of $14.33.

Flotek Industries Stock Performance

NYSE FTK traded up $0.48 during trading hours on Friday, hitting $14.34. The company had a trading volume of 237,252 shares, compared to its average volume of 381,634. Flotek Industries has a 1-year low of $3.79 and a 1-year high of $16.87. The company has a market cap of $428.05 million, a PE ratio of 32.59 and a beta of 1.32. The business has a 50 day moving average of $13.82 and a 200-day moving average of $10.83.

Insider Activity at Flotek Industries

In other Flotek Industries news, Director Matthew Wilks purchased 13,040 shares of the stock in a transaction dated Wednesday, May 14th. The shares were acquired at an average cost of $14.15 per share, for a total transaction of $184,516.00. Following the completion of the transaction, the director directly owned 157,390 shares of the company's stock, valued at $2,227,068.50. This trade represents a 9.03% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 3.02% of the stock is owned by corporate insiders.

Institutional Trading of Flotek Industries

Hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC acquired a new stake in Flotek Industries during the fourth quarter worth approximately $42,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in Flotek Industries during the second quarter worth approximately $50,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Flotek Industries during the fourth quarter worth approximately $57,000. Kathmere Capital Management LLC acquired a new stake in Flotek Industries during the first quarter worth approximately $85,000. Finally, Victory Capital Management Inc. acquired a new stake in Flotek Industries during the first quarter worth approximately $96,000. Institutional investors and hedge funds own 10.90% of the company's stock.

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).