Flotek Stock Buy Hold or Sell Recommendation

FTK
 Stock
  

USD 1.07  0.01  0.93%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Flotek Industries is 'Hold'. Macroaxis provides Flotek Industries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FTK positions. The advice algorithm takes into account all of Flotek Industries' available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Flotek Industries' buy-and-hold perspective. Please check Flotek Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Flotek and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Flotek Industries.

Execute Flotek Industries Buy or Sell Advice

The Flotek recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Flotek Industries. Macroaxis does not own or have any residual interests in Flotek Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Flotek Industries' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Flotek IndustriesBuy Flotek Industries
Hold

Volatility

DangerousDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds of Distress

LowDetails

Economic Sensitivity

Actively responds to the marketDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Flotek Industries has a Risk Adjusted Performance of (0.07), Jensen Alpha of (0.030092), Total Risk Alpha of 0.262 and Treynor Ratio of (0.17)
We provide trade advice to complement the prevailing expert consensus on Flotek Industries. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Flotek Industries is not overpriced, please confirm all Flotek Industries fundamentals, including its price to book, current ratio, retained earnings, as well as the relationship between the net income and price to earnings to growth . Given that Flotek Industries is a hitting penny stock territory we advise to closely look at its number of shares shorted.

Flotek Industries Trading Alerts and Improvement Suggestions

Flotek Industries generated a negative expected return over the last 90 days
Flotek Industries has high historical volatility and very poor performance
Flotek Industries has some characteristics of a very speculative penny stock
Flotek Industries was previously known as FLOTEK INDUSTRIES INC and was traded on New York Stock Exchange under the symbol FLTK.
The company reported the last year's revenue of 43.27 M. Reported Net Loss for the year was (30.53 M) with profit before taxes, overhead, and interest of 3.26 M.
Flotek Industries has about 11.53 M in cash with (25.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Flotek Industries has a poor financial position based on the latest SEC disclosures
Latest headline from www.gurufocus.com: FLOTEK TO PARTICIPATE IN WATER - GuruFocus.com

Flotek Industries current analysts advice

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 Mean Price2.00
Target Median Price2.00
Target High Price3.00
Recommendation Mean2.50
Number Of Analyst Opinions2
Target Low Price1.00
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Flotek Industries Returns Distribution Density

The distribution of Flotek Industries' historical returns is an attempt to chart the future uncertainty of Flotek Industries' future price movements. The chart of the probability distribution of Flotek Industries stock daily returns describes the distribution of returns around its average expected value. We use Flotek Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Flotek Industries returns is essential to provide solid investment advice for Flotek Industries stock.
Mean Return-0.28Value At Risk-10.2
Potential Upside7.58Standard Deviation5.19
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Flotek Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Flotek Industries Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(3.96 M)(3.77 M)(2.79 M)(1.32 M)112 K120.84 K
Depreciation Amortization and Accretion9.77 M9.22 M9.21 M3.77 M1.29 M1.32 M
Net Cash Flow or Change in Cash and Cash Equivalents(239 K)(1.54 M)98.19 M(61.91 M)(26 M)(26.68 M)
Net Cash Flow Business Acquisitions and Disposals18.49 M1.67 M155.5 M(16.38 M)(18.83 M)(19.33 M)
Issuance Purchase of Equity Shares(6.26 M)168 K(212 K)462 K80 K82.11 K
Issuance Repayment of Debt Securities(21.03 M)21.67 M(49.78 M)4.72 M(62 K)(66.89 K)
Net Cash Flow from Financing(27.29 M)21.48 M(49.99 M)3.73 M(372 K)(401.37 K)
Net Cash Flow from Investing14.53 M(2.11 M)152.71 M(17.7 M)112 K114.95 K
Net Cash Flow from Operations12.35 M(20.82 M)(4.54 M)(47.84 M)(25.84 M)(26.52 M)
Effect of Exchange Rate Changes on Cash151 K(88 K)5 K(102 K)100 K107.89 K
Share Based Compensation12.63 M7.76 M4.26 M3.04 M3.76 M5.49 M

Flotek Industries Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Flotek Industries or Energy sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Flotek Industries stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Flotek stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.03
β
Beta against DOW1.72
σ
Overall volatility
5.10
Ir
Information ratio -0.03

Flotek Industries Volatility Alert

Flotek Industries exhibits very low volatility with skewness of -0.8 and kurtosis of 1.62. However, we advise investors to further study Flotek Industries technical indicators to make sure all market info is available and is reliable. Flotek Industries is a potential penny stock. Although Flotek Industries may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Flotek Industries. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Flotek instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Flotek Industries Fundamentals Vs Peers

Comparing Flotek Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Flotek Industries' direct or indirect competition across all of the common fundamentals between Flotek Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Flotek Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Flotek Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Flotek Industries by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Flotek Industries to competition
FundamentalsFlotek IndustriesPeer Average
Return On Equity(90.63) %(0.31) %
Return On Asset(21.49) %(0.14) %
Profit Margin(70.55) %(1.27) %
Operating Margin(54.22) %(5.51) %
Current Valuation100.55 M16.62 B
Shares Outstanding79.62 M571.82 M
Shares Owned by Insiders7.03 %10.09 %
Shares Owned by Institutions38.16 %39.21 %
Number of Shares Shorted3.44 M4.71 M
Price to Earning5.14 X28.72 X
Price to Book2.09 X9.51 X
Price to Sales2.04 X11.42 X
Revenue43.27 M9.43 B
Gross Profit3.26 M27.38 B
EBITDA(22.45 M)3.9 B
Net Income(30.53 M)570.98 M
Cash and Equivalents11.53 M2.7 B
Cash per Share0.15 X5.01 X
Total Debt13.26 M5.32 B
Debt to Equity0.66 %48.70 %
Current Ratio2.27 X2.16 X
Book Value Per Share0.53 X1.93 K
Cash Flow from Operations(25.84 M)971.22 M
Short Ratio5.31 X4.00 X
Earnings Per Share(0.47) X3.12 X
Price to Earnings To Growth(0.87) X4.89 X
Number of Employees13118.84 K
Beta2.1-0.15
Market Capitalization88.38 M19.03 B
Total Asset403.09 M29.47 B
Retained Earnings(144.8 M)9.33 B
Working Capital84.74 M1.48 B
Current Asset151.74 M9.34 B
   Purchase by Harshavardhan Agadi of 20000 shares of Flotek Industries [view details]

About Flotek Industries Buy or Sell Advice

When is the right time to buy or sell Flotek Industries? Buying financial instruments such as Flotek Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Flotek Industries investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables15.64 M11.76 M13.3 M13.65 M
Inventories21.7 M11.84 M9.45 M9.7 M

Use Investing Ideas to Build Portfolios

In addition to having Flotek Industries in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Money Funds Thematic Idea Now

Money Funds
Money Funds Theme
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 40 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Funds Theme or any other thematic opportunities.
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Please check Flotek Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Flotek Industries price analysis, check to measure Flotek Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flotek Industries is operating at the current time. Most of Flotek Industries' value examination focuses on studying past and present price action to predict the probability of Flotek Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Flotek Industries' price. Additionally, you may evaluate how the addition of Flotek Industries to your portfolios can decrease your overall portfolio volatility.
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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.