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

Flotek Industries, Inc. (NYSE:FTK) – Research analysts at Northland Capmk reduced their Q2 2026 earnings per share estimates for Flotek Industries in a report released on Wednesday, November 5th. Northland Capmk analyst J. Grampp now anticipates that the oil and gas company will earn $0.18 per share for the quarter, down from their previous forecast of $0.22. 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 $0.71 EPS and FY2027 earnings at $1.13 EPS.

Other research analysts also recently issued reports about the stock. Northland Securities upgraded shares of Flotek Industries from a “market perform” rating to an “outperform” rating and set a $16.00 price target on the stock in a research report on Wednesday, August 6th. Wall Street Zen raised shares of Flotek Industries from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Flotek Industries in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $17.50.

Flotek Industries Stock Performance

Flotek Industries stock opened at $15.56 on Monday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.59 and a quick ratio of 1.36. Flotek Industries has a 12 month low of $6.05 and a 12 month high of $18.96. The company has a fifty day moving average price of $14.54 and a two-hundred day moving average price of $13.54. The company has a market cap of $464.44 million, a PE ratio of 35.35 and a beta of 1.17.

Flotek Industries (NYSE:FTK) last issued its quarterly earnings results on Tuesday, November 4th. The oil and gas company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.05. Flotek Industries had a return on equity of 17.67% and a net margin of 6.59%.The business had revenue of $56.03 million during the quarter, compared to the consensus estimate of $52.90 million. Flotek Industries has set its FY 2025 guidance at EPS.

Insider Transactions at Flotek Industries

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

Institutional Trading of Flotek Industries

Several hedge funds have recently added to or reduced their stakes in the business. Police & Firemen s Retirement System of New Jersey acquired a new position in Flotek Industries during the 2nd quarter worth $50,000. New York State Common Retirement Fund bought a new stake in shares of Flotek Industries during the second quarter valued at about $102,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Flotek Industries in the second quarter worth about $115,000. Kathmere Capital Management LLC bought a new position in Flotek Industries in the 1st quarter valued at about $85,000. Finally, D Orazio & Associates Inc. acquired a new position in Flotek Industries during the 2nd quarter valued at about $153,000. Institutional investors 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).