What is Northland Capmk’s Forecast for FTK Q2 Earnings?

Flotek Industries, Inc. (NYSE:FTK) – Northland Capmk upped their Q2 2026 earnings estimates for Flotek Industries in a research report issued on Wednesday, October 22nd. Northland Capmk analyst J. Grampp now forecasts that the oil and gas company will post earnings of $0.22 per share for the quarter, up from their prior 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.

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

Several other equities analysts have also weighed in on the company. Wall Street Zen lowered Flotek Industries from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings reissued a “hold (c)” rating on shares of Flotek Industries in a report on Wednesday, October 8th. 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, August 6th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned 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 Trading Down 3.7%

Shares of NYSE:FTK opened at $16.22 on Monday. The stock has a market capitalization of $484.18 million, a PE ratio of 36.85 and a beta of 1.18. Flotek Industries has a 1 year low of $4.85 and a 1 year high of $18.05. The firm has a fifty day moving average price of $13.68 and a 200 day moving average price of $12.85. The company has a current ratio of 1.59, a quick ratio of 1.36 and a debt-to-equity ratio of 0.55.

Insider Buying and Selling

In other news, CEO Ryan Gillis Ezell sold 87,187 shares of the firm’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $12.26, for a total value of $1,068,912.62. Following the sale, the chief executive officer owned 156,855 shares in the company, valued at approximately $1,923,042.30. This trade represents a 35.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO James Bond Clement sold 45,732 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $12.74, for a total transaction of $582,625.68. Following the transaction, the chief financial officer directly owned 95,439 shares in the company, valued at $1,215,892.86. This trade represents a 32.39% decrease in their position. The disclosure for this sale can be found here. Company insiders own 3.02% of the company’s stock.

Hedge Funds Weigh In On Flotek Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in FTK. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Flotek Industries in the 2nd quarter worth approximately $50,000. Kathmere Capital Management LLC acquired a new position in shares of Flotek Industries in the first quarter valued at $85,000. Victory Capital Management Inc. bought a new position in Flotek Industries in the first quarter worth $96,000. New York State Common Retirement Fund bought a new position in Flotek Industries in the second quarter worth $102,000. Finally, Bard Associates Inc. acquired a new stake in Flotek Industries during the first quarter worth $111,000. 10.90% of the stock is currently owned by institutional investors.

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).