Flotek Industries, Inc. (FTK)
NYSE: FTK · Real-Time Price · USD
7.82
-0.03 (-0.38%)
Nov 21, 2024, 12:05 PM EST - Market open
Flotek Industries Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Flotek Industries stock have an average target of 7.50, with a low estimate of 7.00 and a high estimate of 8.00. The average target predicts a decrease of -4.09% from the current stock price of 7.82.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for FTK stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $6.5 → $8 | Strong Buy | Maintains | $6.5 → $8 | +2.30% | Nov 7, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $6.5 | Strong Buy | Initiates | $6.5 | -16.88% | Jul 25, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $7 | Strong Buy | Initiates | $7 | -10.49% | Apr 29, 2024 |
| Noble Capital Markets | Noble Capital Markets | Buy Initiates $15 | Buy | Initiates | $15 | +91.82% | Jul 1, 2021 |
Financial Forecast
Revenue This Year
187.69M
from 188.06M
Decreased by -0.20%
Revenue Next Year
206.95M
from 187.69M
Increased by 10.26%
EPS This Year
0.30
from -0.10
EPS Next Year
0.44
from 0.30
Increased by 46.90%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 198.6M | 227.2M | 252.4M |
| Avg | 187.7M | 207.0M | 242.8M |
| Low | 179.8M | 183.2M | 235.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.6% | 21.1% | 22.0% |
| Avg | -0.2% | 10.3% | 17.3% |
| Low | -4.4% | -2.4% | 13.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.35 | 0.71 | 0.62 |
| Avg | 0.30 | 0.44 | 0.60 |
| Low | 0.25 | 0.29 | 0.58 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 137.0% | 41.7% |
| Avg | - | 46.9% | 36.3% |
| Low | - | -1.2% | 32.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.