Flotek Industries, Inc. (FTK)
NYSE: FTK · IEX Real-Time Price · USD
4.920
+0.190 (4.02%)
At close: Jul 19, 2024, 4:00 PM
4.990
+0.070 (1.42%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Flotek Industries Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Flotek Industries stock has a target of 7.00, which predicts an increase of 42.28% from the current stock price of 4.92.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 29, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for FTK is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|
| Strong Buy | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $7 | Strong Buy | Initiates | $7 | +42.28% | Apr 29, 2024 |
| Noble Capital Markets | Noble Capital Markets | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Jul 1, 2021 |
Financial Forecast
Revenue This Year
191.19M
from 188.06M
Increased by 1.67%
Revenue Next Year
218.16M
from 191.19M
Increased by 14.11%
EPS This Year
0.26
from -0.10
EPS Next Year
0.32
from 0.26
Increased by 22.11%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 205.6M | 259.6M |
| Avg | 191.2M | 218.2M |
| Low | 179.1M | 181.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 9.3% | 35.8% |
| Avg | 1.7% | 14.1% |
| Low | -4.7% | -5.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.40 | 0.68 |
| Avg | 0.26 | 0.32 |
| Low | 0.15 | 0.03 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 158.0% |
| Avg | - | 22.1% |
| Low | - | -88.9% |
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.