Flotek Industries, Inc. (FTK) – What Are Brokerages Thinking About This Stock?

Flotek Industries, Inc. (NYSE:FTK) has received an average rating of “Moderate Buy” from the five research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $34.67.

Several equities analysts have recently issued reports on the company. Weiss Ratings cut Flotek Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 2nd. Lake Street Capital raised their target price on Flotek Industries from $40.00 to $44.00 and gave the stock a “buy” rating in a report on Tuesday, September 15th. Finally, JonesTrading began coverage on Flotek Industries in a report on Thursday, July 9th. They set a “buy” rating and a $40.00 target price on the stock.

Insider Buying and Selling

In other Flotek Industries news, major shareholder Profrac Gdm, Llc sold 2,306,806 shares of the company’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 sale, the insider owned 3,693,194 shares in the company, valued at approximately $96,059,975.94. This represents a 38.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Matthew Wilks acquired 1,319,493 shares of the stock in a transaction on Friday, September 11th. The stock was bought at an average price of $26.01 per share, for a total transaction of $34,320,012.93. Following the transaction, the director owned 1,477,285 shares in the company, valued at approximately $38,424,182.85. This represents a 836.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 2.40% of the company’s stock.

Institutional Trading of Flotek Industries

Hedge funds have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue acquired a new stake in Flotek Industries during the third quarter valued at $37,000. Thompson Davis & CO. Inc. purchased a new position in Flotek Industries in the first quarter valued at $272,000. AWM Investment Company Inc. acquired a new position in shares of Flotek Industries in the second quarter worth about $706,000. Aristides Capital LLC raised its position in shares of Flotek Industries by 4.6% in the fourth 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. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Flotek Industries during the 2nd quarter worth about $1,160,000. 10.90% of the stock is owned by hedge funds and other institutional investors.

Flotek Industries News Roundup

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

• Positive Sentiment: Flotek’s latest reported quarter was stronger than expected: earnings per share of $0.26 exceeded the $0.13 consensus estimate, while revenue of $99.37 million surpassed the $69.51 million forecast. This operating performance may provide some support for the shares, although it is not the focus of the new announcements.
• Neutral Sentiment: Several investor-rights firms, including Rosen Law Firm, Kaplan Fox, Faruqi & Faruqi, and others, reminded shareholders of an October 26, 2026 deadline to seek appointment as lead plaintiff in the securities class action. The proposed class covers investors who purchased Flotek securities from August 3 through August 17, 2026. Rosen Law Firm deadline notice
• Negative Sentiment: The class action alleges that Flotek and certain executives misrepresented or failed to disclose material information regarding the PREPA contract, potentially exposing the company to legal costs, damages, reputational harm, and additional investor scrutiny. The allegations have not been proven in court. Kaplan Fox class action notice
• Negative Sentiment: The unusually large number of law-firm announcements amplifies visibility around the alleged contract disclosures and may increase uncertainty around Flotek’s financial exposure. Investors should distinguish these repeated notices from new operating developments; they primarily promote participation in the same litigation.

Flotek Industries Stock Performance

NYSE FTK traded down $0.81 on Friday, reaching $23.91. 262,054 shares of the company’s stock traded hands, compared to its average volume of 483,350. The firm has a market cap of $866.20 million, a price-to-earnings ratio of 24.16 and a beta of 1.42. The stock has a 50 day moving average price of $27.83 and a 200-day moving average price of $23.64. Flotek Industries has a fifty-two week low of $13.19 and a fifty-two week high of $39.67. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.50 and a current ratio of 1.78.

Flotek Industries (NYSE:FTK) last posted 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. The company had revenue of $99.37 million for the quarter, compared to analyst estimates of $69.51 million. Flotek Industries had a net margin of 12.97% and a return on equity of 21.57%. Equities research analysts predict that Flotek Industries will post 0.79 EPS for the current fiscal year.

About Flotek Industries

Flotek Industries, Inc is a technology company that develops and supplies specialty green chemistry and data-driven solutions for the energy industry. Its offerings are designed to help oil and natural gas producers improve well performance, manage production processes and reduce the environmental impact of energy operations.

Through its Chemistry Technologies segment, Flotek provides biodegradable and environmentally focused chemical products used in drilling, cementing, stimulation, completion and production activities.