Flotek Industries, Inc. (NYSE:FTK) Given Average Rating of “Moderate Buy” by Analysts

Shares of Flotek Industries, Inc. (NYSE:FTKGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the five brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $28.3333.

Several research analysts recently weighed in on FTK shares. Weiss Ratings raised shares of Flotek Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, August 21st. JonesTrading assumed coverage on Flotek Industries in a report on Thursday, July 9th. They set a “buy” rating and a $40.00 price target on the stock.

Check Out Our Latest Stock Analysis on FTK

Flotek Industries Price Performance

Shares of NYSE:FTK opened at $24.43 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.78 and a quick ratio of 1.50. Flotek Industries has a 1-year low of $10.95 and a 1-year high of $39.67. The company has a market capitalization of $884.93 million, a P/E ratio of 24.68 and a beta of 1.43. The firm’s 50 day simple moving average is $26.43 and its two-hundred day simple moving average is $21.07.

Flotek Industries (NYSE:FTKGet Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.13. The firm had revenue of $99.37 million during the quarter, compared to analysts’ expectations of $69.51 million. Flotek Industries had a net margin of 12.97% and a return on equity of 21.57%. Research analysts expect that Flotek Industries will post 0.7 EPS for the current fiscal year.

Institutional Trading of Flotek Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in FTK. Kornitzer Capital Management Inc. KS bought a new position in Flotek Industries in the 1st quarter worth approximately $876,000. Sei Investments Co. raised its position in shares of Flotek Industries by 100.0% during the first quarter. Sei Investments Co. now owns 76,076 shares of the oil and gas company’s stock valued at $1,291,000 after buying an additional 38,038 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Flotek Industries by 71.4% during the first quarter. Dimensional Fund Advisors LP now owns 691,593 shares of the oil and gas company’s stock valued at $11,736,000 after buying an additional 288,064 shares during the last quarter. Masters Capital Management LLC lifted its holdings in shares of Flotek Industries by 8.9% in the first quarter. Masters Capital Management LLC now owns 1,089,438 shares of the oil and gas company’s stock worth $18,488,000 after buying an additional 89,438 shares in the last quarter. Finally, Bard Associates Inc. purchased a new position in shares of Flotek Industries in the fourth quarter worth $3,279,000. Institutional investors own 10.90% of the company’s stock.

Trending Headlines about Flotek Industries

Here are the key news stories impacting Flotek Industries this week:

  • Negative Sentiment: The lawsuits allege that Flotek misled investors by failing to disclose material risks surrounding a purported $400 million Puerto Rico Electric Power Authority (PREPA) power-generation project. Specifically, the complaints question the experience, organization and financial capacity of the consortium involved, and allege that revenue from the contract might not be realized. Gainey McKenna & Egleston class action announcement
  • Negative Sentiment: Several firms, including Pomerantz, Howard G. Smith, Holzer & Holzer, Robbins LLP and Glancy Prongay Wolke & Rotter, publicized class-action filings or investor alerts. The unusually high number of notices increases visibility around the allegations and raises potential litigation costs, liability and reputational risks for Flotek. Pomerantz investor alert
  • Neutral Sentiment: Investors who purchased shares during the class period generally have until October 26, 2026 to seek appointment as lead plaintiff. These announcements are procedural and do not establish that Flotek violated securities laws; the allegations remain unproven. Howard G. Smith class action notice

About Flotek Industries

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Flotek Industries, Inc (NYSE: FTK) is a Houston-based oilfield services provider specializing in innovative chemical technologies for the upstream energy sector. The company develops, manufactures and markets specialty drilling fluids, completion fluids and production chemicals that enhance drilling efficiency, optimize well performance and mitigate operational risks. Flotek’s solutions are designed to improve drilling rates of penetration, reduce nonproductive time and address challenging downhole environments, including high-pressure/high-temperature wells and sour service conditions.

Flotek’s operations are organized into three core business segments: Drilling & Completion Fluids, Production Chemicals & Process Management, and Water Solutions.

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Analyst Recommendations for Flotek Industries (NYSE:FTK)

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