Northland Capmk Brokers Reduce Earnings Estimates for FTK

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) - Investment analysts at Northland Capmk lowered their Q3 2025 earnings per share estimates for shares of Flotek Industries in a note issued to investors on Wednesday, August 6th. Northland Capmk analyst J. Grampp now forecasts that the oil and gas company will earn $0.15 per share for the quarter, down from their previous forecast of $0.16. 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' 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 issued its earnings results on Tuesday, August 5th. The oil and gas company reported $0.16 earnings per share for the quarter, topping 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 business had revenue of $58.35 million during the quarter, compared to analysts' expectations of $52.40 million.

Several other brokerages have also recently weighed in on FTK. Wall Street Zen cut Flotek Industries from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 3rd. Alliance Global Partners began coverage on Flotek Industries in a report on Thursday, June 12th. They issued a "buy" rating and a $19.00 target price for the company. Finally, Northland Securities upgraded 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. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $14.33.

Flotek Industries Price Performance

Shares of FTK stock traded up $1.13 during mid-day trading on Friday, hitting $13.83. The stock had a trading volume of 459,367 shares, compared to its average volume of 425,003. Flotek Industries has a 12-month low of $3.79 and a 12-month high of $16.87. The firm has a market capitalization of $412.80 million, a P/E ratio of 31.43 and a beta of 1.32. The firm's 50-day moving average is $13.83 and its two-hundred day moving average is $10.78.

Insider Buying and Selling at Flotek Industries

In related news, Director Matthew Wilks acquired 13,040 shares of the firm's stock in a transaction that occurred on Wednesday, May 14th. The stock was purchased at an average cost of $14.15 per share, for a total transaction of $184,516.00. Following the purchase, 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 position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. In the last three months, insiders acquired 116,956 shares of company stock worth $1,457,553. Corporate insiders own 3.02% of the company's stock.

Institutional Investors Weigh In On Flotek Industries

A number of hedge funds have recently made changes to their positions in FTK. Tower Research Capital LLC TRC acquired a new position in Flotek Industries during the 4th quarter valued at about $42,000. Police & Firemen s Retirement System of New Jersey acquired a new position in Flotek Industries during the 2nd quarter valued at about $50,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Flotek Industries in the fourth quarter valued at about $57,000. Kathmere Capital Management LLC acquired a new position in shares of Flotek Industries in the first quarter valued at about $85,000. Finally, Victory Capital Management Inc. acquired a new position in shares of Flotek Industries in the first quarter valued at about $96,000. 10.90% of the stock is currently owned by hedge funds and other institutional investors.

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).