Shares of Flotek Industries, Inc. (NYSE:FTK – Get Free Report) have received an average recommendation of “Moderate Buy” from the five brokerages that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $34.67.
Several research firms have recently weighed in on FTK. Lake Street Capital upped their target price on shares of Flotek Industries from $40.00 to $44.00 and gave the stock a “buy” rating in a report on Tuesday, September 15th. JonesTrading started coverage on shares of Flotek Industries in a report on Thursday, July 9th. They set a “buy” rating and a $40.00 price target for the company. Finally, Weiss Ratings raised shares of Flotek Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, September 18th.
Read Our Latest Stock Analysis on FTK
Trending Headlines about Flotek Industries
- Positive Sentiment: Flotek entered into a senior secured term loan agreement providing $75 million at closing and up to $45 million in delayed-draw funding. The capital could provide liquidity for operations and strategic expansion, although it also increases the company’s debt obligations. Flotek Secures $120 Million Senior Secured Term Loan
- Neutral Sentiment: Several law firms are seeking investors who purchased Flotek securities during August 3–17, 2026, to serve as lead plaintiff in a proposed securities class action. The October 26 deadline is procedural and does not establish that Flotek or its executives violated securities laws. Rosen Flotek Investor Notice
- Negative Sentiment: Multiple firms—including Kaplan Fox, Bronstein Gewirtz & Grossman, Bernstein Liebhard, Howard G. Smith, Rosen, Faruqi & Faruqi, and others—publicized the litigation, increasing negative visibility around the company and potentially creating legal costs or settlement exposure. Bernstein Liebhard Flotek Shareholder Alert
- Negative Sentiment: The lawsuits reference reports alleging that Flotek’s approximately $400 million Puerto Rico power contract had been canceled. Those reports were followed by a nearly 30% decline over three sessions, according to shareholder-alert materials, raising concerns about revenue expectations, disclosure practices, and the company’s growth outlook. The allegations remain unproven. FTK Shareholder Alert
Insider Buying and Selling
In other news, major shareholder Profrac Gdm, Llc sold 2,306,806 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $26.01, for a total value of $60,000,024.06. Following the transaction, the insider directly owned 3,693,194 shares of the company’s stock, valued at $96,059,975.94. The trade was a 38.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Matthew Wilks purchased 1,319,493 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The shares were acquired at an average price of $26.01 per share, for a total transaction of $34,320,012.93. Following the completion of the transaction, the director owned 1,477,285 shares in the company, valued at $38,424,182.85. The trade was a 836.22% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 2.40% of the company’s stock.
Hedge Funds Weigh In On Flotek Industries
Institutional investors and hedge funds have recently bought and sold shares of the business. Aristides Capital LLC grew its holdings in Flotek Industries by 4.6% during the 4th quarter. Aristides Capital LLC now owns 31,390 shares of the oil and gas company’s stock worth $541,000 after acquiring an additional 1,390 shares during the period. Principal Financial Group Inc. raised its position in shares of Flotek Industries by 10.4% during the 1st quarter. Principal Financial Group Inc. now owns 80,480 shares of the oil and gas company’s stock valued at $1,366,000 after acquiring an additional 7,564 shares during the last quarter. Thompson Davis & CO. Inc. acquired a new position in shares of Flotek Industries in the 1st quarter valued at $272,000. Manatuck Hill Partners LLC lifted its stake in shares of Flotek Industries by 9.5% in the 4th quarter. Manatuck Hill Partners LLC now owns 289,000 shares of the oil and gas company’s stock valued at $4,979,000 after purchasing an additional 25,000 shares during the period. Finally, AWM Investment Company Inc. bought a new position in shares of Flotek Industries in the 2nd quarter worth $706,000. Institutional investors and hedge funds own 10.90% of the company’s stock.
Flotek Industries Trading Down 4.7%
Shares of FTK opened at $29.01 on Tuesday. Flotek Industries has a 1 year low of $12.77 and a 1 year high of $39.67. The company has a current ratio of 1.78, a quick ratio of 1.50 and a debt-to-equity ratio of 0.31. The stock has a 50 day simple moving average of $27.68 and a 200-day simple moving average of $22.49. The stock has a market cap of $1.05 billion, a PE ratio of 29.31 and a beta of 1.47.
Flotek Industries (NYSE:FTK – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.13 by $0.13. Flotek Industries had a return on equity of 21.57% and a net margin of 12.97%.The business had revenue of $99.37 million for the quarter, compared to analyst estimates of $69.51 million. On average, sell-side analysts predict that Flotek Industries will post 0.76 EPS for the current fiscal year.
Flotek Industries Company Profile
Flotek Industries, Inc is a Houston, Texas-based technology company that develops and commercializes specialty green chemistry solutions. Its products are designed to help customers improve operational efficiency, reduce environmental impacts and manage resource use across energy, industrial and consumer applications.
The company’s principal offerings serve the oil and gas industry, including chemistry technologies used in well completion, production and other field operations. Flotek’s CnF® technology is a flagship product line intended to enhance hydrocarbon recovery while supporting efforts to reduce emissions, water consumption and the use of conventional chemical additives.
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