Flotek Industries Earnings Estimate

FTK
 Stock
  

USD 1.07  0.01  0.93%   

Many public companies, such as Flotek Industries, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Flotek Industries' earnings estimates, investors can diagnose different trends across Flotek Industries' analyst sentiment over time as well as compare current estimates against different timeframes.
Flotek Industries is projected to generate -0.36 in earnings per share on the 31st of December 2021. Flotek Industries earnings estimates module stress-tests analyst consensus about projected Flotek Industries EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please check Investing Opportunities.
  
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The current Gross Profit is estimated to increase to about 3.3 M, while Profit Margin is projected to decrease to (0.72) .

Flotek Industries Earnings Estimation Breakdown

Calculation of earning per share of Flotek Industries is based on official Zacks consensus of 0 analysts regarding Flotek Industries future annual earnings. Given the historical accuracy of 72.22%, the future earnings per share of Flotek Industries is estimated to be -0.36 with the lowest and highest values of -0.36 and -0.36, respectively. Please note that this consensus of annual earnings estimates for Flotek Industries is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS -0.47
-0.36
Lowest
Expected EPS -0.36
-0.36
Highest

Flotek Industries Earnings Projection Consensus

Suppose the current estimates of Flotek Industries' value are higher than the current market price of the Flotek Industries stock. In this case, investors may conclude that Flotek Industries is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Flotek Industries' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

0

72.22%

-0.466

-0.36

Flotek Industries Earnings History

Earnings estimate consensus by Flotek Industries analysts from Wall Street is used by the market to judge Flotek Industries' stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Flotek Industries' upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Flotek Industries Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

(9.81 Million)

Share
The current Accumulated Retained Earnings Deficit is estimated to decrease to about (317.4 M). The current Earning Before Interest and Taxes EBIT is estimated to decrease to about (31.3 M) The current Issuance Purchase of Equity Shares is estimated to increase to about 82.1 K, while Weighted Average Shares is projected to decrease to under 71.5 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Flotek Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Flotek Industries in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.051.056.15
Details
Intrinsic
Valuation
LowReal ValueHigh
0.071.416.51
Details
Naive
Forecast
LowNext ValueHigh
0.0164790.825.93
Details
1 Analysts
Consensus
LowTarget PriceHigh
2.502.502.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Flotek Industries. Your research has to be compared to or analyzed against Flotek Industries' peers to derive any actionable benefits. When done correctly, Flotek Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Flotek Industries.
Note that many institutional investors and large investment bankers can move markets due to the volume of Flotek assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Flotek Industries. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Flotek stock price in the short term.

Flotek Industries Earnings per Share Projection vs Actual

Actual Earning per Share of Flotek Industries refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Flotek Industries predict the company's earnings will be in the future. The higher the earnings per share of Flotek Industries, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Flotek Industries Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Flotek Industries, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Flotek Industries should always be considered in relation to other companies to make a more educated investment decision.

Flotek Quarterly Analyst Estimates and Surprise Metrics

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
2022-05-16
2022-03-31-0.06-0.15-0.09150 
2022-03-30
2021-12-31-0.07-0.19-0.12171 
2021-11-09
2021-09-30-0.080.010.09112 
2021-08-09
2021-06-30-0.12-0.090.0325 
2021-05-10
2021-03-31-0.09-0.12-0.0333 
2021-03-31
2020-12-31-0.11-0.1213-0.011310 
2020-12-31
2020-09-30-0.08-0.2993-0.2193274 
2020-09-30
2020-06-30-0.12-0.6632-0.5432452 
2020-06-30
2020-03-31-0.16-0.14480.0152
2020-03-31
2019-12-31-0.2-1.07-0.87435 
2019-11-12
2019-09-30-0.23-0.180.0521 
2019-08-08
2019-06-30-0.095-0.21-0.115121 
2019-05-09
2019-03-31-0.120.570.69575 
2019-03-06
2018-12-31-0.10.150.25250 
2018-11-06
2018-09-30-0.11-0.070.0436 
2018-08-07
2018-06-30-0.07-1.3-1.231757 
2018-05-09
2018-03-31-0.08-0.09-0.0112 
2018-02-20
2017-12-31-0.03-0.010.0266 
2017-11-08
2017-09-300.01-0.06-0.07700 
2017-08-01
2017-06-300.040.02-0.0250 
2017-05-03
2017-03-31-0.025-0.2-0.175700 
2017-02-08
2016-12-31-0.04-0.24-0.2500 
2016-11-02
2016-09-30-0.03-0.05-0.0266 
2016-07-26
2016-06-30-0.1-0.040.0660 
2016-05-03
2016-03-31-0.0625-0.55-0.4875780 
2016-01-27
2015-12-310.0067-0.03-0.0367547 
2015-10-21
2015-09-300.050.04-0.0120 
2015-07-22
2015-06-30-0.060.020.08133 
2015-04-22
2015-03-310.14-0.03-0.17121 
2015-01-27
2014-12-310.280.290.01
2014-10-22
2014-09-300.240.260.02
2014-08-07
2014-06-300.230.2-0.0313 
2014-04-28
2014-03-310.220.220
2014-02-10
2013-12-310.180.20.0211 
2013-11-06
2013-09-300.180.16-0.0211 
2013-08-07
2013-06-300.190.16-0.0315 
2013-05-09
2013-03-310.180.15-0.0316 
2013-03-13
2012-12-310.170.13-0.0423 
2012-11-07
2012-09-300.210.19-0.02
2012-08-08
2012-06-300.20.250.0525 
2012-05-09
2012-03-310.180.07-0.1161 
2012-03-07
2011-12-310.150.04-0.1173 
2011-11-09
2011-09-300.080.350.27337 
2011-08-10
2011-06-300.050.04-0.0120 
2011-05-11
2011-03-31-0.040.130.17425 
2011-03-17
2010-12-31None-0.95None
2010-11-10
2010-09-30-0.29-0.050.2482 
2010-08-12
2010-06-30-0.25-0.120.1352 
2010-05-21
2010-03-31-0.42-0.340.0819 
2010-03-31
2009-12-31-0.26-0.41-0.1557 
2009-11-17
2009-09-30-0.14-1.18-1.04742 
2009-08-13
2009-06-30-0.08-1.01-0.931162 
2009-05-07
2009-03-31-0.05-0.1-0.05100 
2009-03-16
2008-12-310.250.11-0.1456 
2008-10-30
2008-09-300.290.30.01
2008-08-06
2008-06-300.250.260.01
2008-05-08
2008-03-310.230.18-0.0521 
2008-03-17
2007-12-310.190.17-0.0210 
2007-10-31
2007-09-300.310.26-0.0516 
2007-08-02
2007-06-300.230.250.02
2007-05-09
2007-03-310.180.20.0211 
2007-03-13
2006-12-31None0.205None
2006-09-30
2006-09-30None0.1861None
2006-06-30
2006-06-30None0.1203None
2006-03-31
2006-03-31None0.0944None
2005-12-31
2005-12-31None0.1361None
2005-09-30
2005-09-30None0.1061None
2005-06-30
2005-06-30None0.1305None
2005-03-31
2005-03-31None0.0982None
2004-12-31
2004-12-31None0.055None
2004-09-30
2004-09-30None0.0481None
2004-06-30
2004-06-30None0.0319None
2004-03-31
2004-03-31None0.0171None
2003-12-31
2003-12-31None-0.475None
2003-09-30
2003-09-30None0.0113None
2003-06-30
2003-06-30None-0.165None
2003-03-31
2003-03-31None0.0001None

About Flotek Industries Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Flotek Industries earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Flotek Industries estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Flotek Industries fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit-309.2 M-317.4 M
Earning Before Interest and Taxes EBIT-30.5 M-31.3 M
Earnings per Basic Share(0.42) (0.43) 
Earnings per Diluted Share(0.42) (0.43) 
Price to Earnings Ratio(2.69) (2.76) 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA-29.2 M-30 M
Earnings before Tax-30.6 M-31.4 M
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.

Flotek Industries Investors Sentiment

The influence of Flotek Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Flotek. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Flotek Industries Implied Volatility

    
  71.24  
Flotek Industries' implied volatility exposes the market's sentiment of Flotek Industries stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Flotek Industries' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Flotek Industries stock will not fluctuate a lot when Flotek Industries' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Flotek Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Flotek Industries' short interest history, or implied volatility extrapolated from Flotek Industries options trading.

Current Sentiment - FTK

Flotek Industries Investor Sentiment

Greater number of Macroaxis users are currently bullish on Flotek Industries. What is your opinion about investing in Flotek Industries? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please check Investing Opportunities. Note that the Flotek Industries information on this page should be used as a complementary analysis to other Flotek Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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Is Flotek Industries' industry 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.
Market Capitalization
82 M
Quarterly Revenue Growth YOY
0.094
Return On Assets
-0.18
Return On Equity
-1.25
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 Flotek Industries value 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.