What is Northland Securities’ Estimate for FTK Q3 Earnings?

Flotek Industries, Inc. (NYSE:FTK) – Northland Securities upped their Q3 2026 EPS estimates for Flotek Industries in a report issued on Wednesday, March 4th. Northland Securities analyst J. Grampp now expects that the oil and gas company will post earnings of $0.21 per share for the quarter, up from their previous forecast of $0.20. Northland Securities currently has a “Outperform” rating and a $20.00 price target on the stock. The consensus estimate for Flotek Industries’ current full-year earnings is $0.29 per share. Northland Securities also issued estimates for Flotek Industries’ Q4 2026 earnings at $0.22 EPS, FY2026 earnings at $0.76 EPS and FY2027 earnings at $1.48 EPS.

Other equities analysts have also recently issued research reports about the stock. Zacks Research cut shares of Flotek Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Lake Street Capital started coverage on Flotek Industries in a research note on Thursday, January 29th. They issued a “buy” rating and a $25.00 target price on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Flotek Industries in a research note on Monday, December 29th. Finally, Wall Street Zen lowered Flotek Industries from a “buy” rating to a “hold” rating in a research report on Sunday, November 16th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $21.33.

Flotek Industries Trading Up 0.8%

Shares of FTK opened at $16.99 on Monday. The stock has a market capitalization of $510.72 million, a P/E ratio of 19.09 and a beta of 1.45. Flotek Industries has a twelve month low of $6.05 and a twelve month high of $20.09. The company has a quick ratio of 1.54, a current ratio of 1.77 and a debt-to-equity ratio of 0.36. The firm has a fifty day simple moving average of $17.18 and a two-hundred day simple moving average of $15.60.

Insider Buying and Selling

In other news, CFO James Bond Clement sold 6,299 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $16.02, for a total value of $100,909.98. Following the completion of the transaction, the chief financial officer owned 122,837 shares in the company, valued at $1,967,848.74. This trade represents a 4.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.02% of the stock is owned by company insiders.

Institutional Investors Weigh In On Flotek Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd purchased a new position in Flotek Industries during the second quarter valued at $371,000. Federated Hermes Inc. purchased a new stake in shares of Flotek Industries in the 3rd quarter worth about $1,670,000. Geode Capital Management LLC grew its position in shares of Flotek Industries by 55.9% in the 2nd quarter. Geode Capital Management LLC now owns 485,413 shares of the oil and gas company’s stock worth $7,167,000 after buying an additional 174,144 shares during the period. Navellier & Associates Inc. increased its stake in shares of Flotek Industries by 98.1% in the 3rd quarter. Navellier & Associates Inc. now owns 82,529 shares of the oil and gas company’s stock worth $1,205,000 after acquiring an additional 40,868 shares in the last quarter. Finally, Royce & Associates LP increased its stake in shares of Flotek Industries by 44.4% in the 3rd quarter. Royce & Associates LP now owns 358,249 shares of the oil and gas company’s stock worth $5,230,000 after acquiring an additional 110,192 shares in the last quarter. 10.90% of the stock is owned by hedge funds and other institutional investors.

Flotek Industries Company Profile

Flotek Industries, Inc (NYSE: FTK) is a Houston-based oilfield services provider specializing in innovative chemical technologies for the upstream energy sector. The company develops, manufactures and markets specialty drilling fluids, completion fluids and production chemicals that enhance drilling efficiency, optimize well performance and mitigate operational risks. Flotek’s solutions are designed to improve drilling rates of penetration, reduce nonproductive time and address challenging downhole environments, including high-pressure/high-temperature wells and sour service conditions.

Flotek’s operations are organized into three core business segments: Drilling & Completion Fluids, Production Chemicals & Process Management, and Water Solutions.