Flotek Industries Stock Analysis

FTK Stock  USD 4.81  0.36  8.09%   
Flotek Industries is fairly valued with Real Value of 4.72 and Target Price of 5.0. The main objective of Flotek Industries stock analysis is to determine its intrinsic value, which is an estimate of what Flotek Industries is worth, separate from its market price. There are two main types of Flotek Industries' stock analysis: fundamental analysis and technical analysis.
The Flotek Industries stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.

Flotek Stock Analysis Notes

About 39.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.05. Some equities with similar Price to Book (P/B) outperform the market in the long run. Flotek Industries recorded a loss per share of 0.25. The entity had not issued any dividends in recent years. The firm had 1:6 split on the 26th of September 2023. Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. The company was incorporated in 1985 and is headquartered in Houston, Texas. Flotek Industries operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 131 people. To learn more about Flotek Industries call Gibson BSc at 877 433 5685 or check out https://www.flotekind.com.

Flotek Industries Quarterly Total Revenue

40.37 Million

Flotek Industries Investment Alerts

Flotek Industries appears to be risky and price may revert if volatility continues
Flotek Industries has 17.88 M in debt with debt to equity (D/E) ratio of 2.53, meaning that the company heavily relies on borrowing funds for operations. Flotek Industries has a current ratio of 0.69, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Flotek to invest in growth at high rates of return.
Flotek Industries has about 12.29 M in cash with (11.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44.
Flotek Industries has a frail financial position based on the latest SEC disclosures
Roughly 39.0% of Flotek Industries shares are held by company insiders
Latest headline from seekingalpha.com: Flotek Industries to join Russell Microcap Index

Flotek Industries Upcoming and Recent Events

18th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Flotek Largest EPS Surprises

Earnings surprises can significantly impact Flotek Industries' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-11-08
2021-09-30-0.08-0.09-0.0112 
2021-05-10
2021-03-31-0.09-0.1-0.0111 
2017-05-03
2017-03-31-0.02-0.010.0150 
View All Earnings Estimates

Flotek Industries Environmental, Social, and Governance (ESG) Scores

Flotek Industries' ESG score is a quantitative measure that evaluates Flotek Industries' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Flotek Industries' operations that may have significant financial implications and affect Flotek Industries' stock price as well as guide investors towards more socially responsible investments.

Flotek Industries Thematic Classifications

In addition to having Flotek Industries stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Chemicals Idea
Chemicals
USA Equities from Chemicals industry as classified by Fama & French

Flotek Stock Institutional Investors

Shares
Bridgeway Capital Management, Llc2024-03-31
47.7 K
State Street Corporation2024-03-31
38.4 K
Squarepoint Ops Llc2024-03-31
37.3 K
Bank Of New York Mellon Corp2024-03-31
37 K
Renaissance Technologies Corp2024-03-31
36.8 K
Alti Global Inc2024-03-31
25.8 K
Wells Fargo & Co2024-03-31
15.7 K
Bank Of America Corp2024-03-31
14.4 K
Caption Management, Llc2024-03-31
12.6 K
Nierenberg Investment Management Co2024-03-31
1.2 M
Vanguard Group Inc2024-03-31
545.2 K
Note, although Flotek Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Flotek Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 131.97 M.

Flotek Profitablity

The company has Net Profit Margin of 0.03 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.05 %, which entails that for every 100 dollars of revenue, it generated $0.05 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.15  0.16 
Return On Capital Employed(0.06)(0.07)
Return On Assets 0.15  0.16 
Return On Equity 0.24  0.25 

Management Efficiency

At this time, Flotek Industries' Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.16 this year, although the value of Return On Capital Employed will most likely fall to (0.07). At this time, Flotek Industries' Liabilities And Stockholders Equity is quite stable compared to the past year. Change To Liabilities is expected to rise to about 31.2 M this year, although the value of Total Current Liabilities will most likely fall to about 40.7 M. Flotek Industries' management efficiency ratios could be used to measure how well Flotek Industries manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 4.11  7.34 
Tangible Book Value Per Share 4.11  4.31 
Enterprise Value Over EBITDA 76.73  80.56 
Price Book Value Ratio 0.95  1.00 
Enterprise Value Multiple 76.73  80.56 
Price Fair Value 0.95  1.00 
Enterprise Value97.3 M92.5 M
The analysis of Flotek Industries' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Flotek Industries' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Flotek Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Operating Margin
0.0523
Profit Margin
0.0273
Beta
1.077
Return On Assets
0.0025
Return On Equity
0.0613

Technical Drivers

As of the 18th of June 2024, Flotek Industries shows the Coefficient Of Variation of 744.91, downside deviation of 3.14, and Mean Deviation of 2.94. Flotek Industries technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Flotek Industries Price Movement Analysis

Execute Study
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Flotek Industries middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Flotek Industries. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Flotek Industries Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Flotek Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Flotek Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Flotek Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Flotek Industries Predictive Daily Indicators

Flotek Industries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Flotek Industries stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Flotek Industries Corporate Filings

11th of June 2024
Other Reports
ViewVerify
8K
5th of June 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
24th of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10Q
9th of May 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
7th of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
24th of April 2024
Other Reports
ViewVerify
F4
22nd of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
28th of March 2024
Other Reports
ViewVerify

Flotek Industries Forecast Models

Flotek Industries' time-series forecasting models are one of many Flotek Industries' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Flotek Industries' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Flotek Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Flotek Industries prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Flotek shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Flotek Industries. By using and applying Flotek Stock analysis, traders can create a robust methodology for identifying Flotek entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.13  0.14 
Operating Profit Margin(0.04)(0.04)
Net Profit Margin 0.13  0.14 
Gross Profit Margin 0.12  0.12 

Current Flotek Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Flotek analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Flotek analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
5.0Strong Buy2Odds
Flotek Industries current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Flotek analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Flotek stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Flotek Industries, talking to its executives and customers, or listening to Flotek conference calls.
Flotek Analyst Advice Details

Flotek Stock Analysis Indicators

Flotek Industries stock analysis indicators help investors evaluate how Flotek Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Flotek Industries shares will generate the highest return on investment. By understating and applying Flotek Industries stock analysis, traders can identify Flotek Industries position entry and exit signals to maximize returns.
Begin Period Cash Flow12.4 M
Long Term Debt60 K
Common Stock Shares Outstanding28.4 M
Total Stockholder Equity102 M
Tax Provision149 K
Property Plant And Equipment Net10.2 M
Cash And Short Term InvestmentsM
CashM
Accounts Payable31.7 M
Net Debt11.9 M
50 Day M A3.8432
Total Current Liabilities47.8 M
Other Operating Expenses195.4 M
Non Current Assets Total88.5 M
Non Currrent Assets Other1.8 M
Stock Based Compensation-254 K

Additional Information and Resources on Investing in Flotek Stock

When determining whether Flotek Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Flotek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Flotek Industries Stock. Highlighted below are key reports to facilitate an investment decision about Flotek Industries Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flotek Industries. If investors know Flotek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flotek Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.25)
Revenue Per Share
6.428
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0025
Return On Equity
0.0613
The market value of Flotek Industries is measured differently than its book value, which is the value of Flotek that is recorded on the company's balance sheet. Investors also form their own opinion of Flotek Industries' value that differs from its market value or its book value, called intrinsic value, which is Flotek Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flotek Industries' market value can be influenced by many factors that don't directly affect Flotek Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flotek Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Flotek Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flotek Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.