Flotek Stock Today

FTK -  USA Stock  

USD 1.21  0.02  1.63%

Market Performance
0 of 100
Odds Of Distress
Less than 21
Flotek Industries is trading at 1.21 as of the 24th of May 2022. This is a -1.63% down since the beginning of the trading day. The stock's last reported lowest price was 1.15. Flotek Industries has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Flotek Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of April 2022 and ending today, the 24th of May 2022. Click here to learn more.
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. The company has 79.62 M outstanding shares of which 3.44 M shares are currently shorted by investors with about 5.31 days to cover. More on Flotek Industries
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Flotek Industries Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Flotek Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Flotek Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Flotek Industries has very high historical volatility over the last 90 days
Flotek Industries may become a 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.prnewswire.com: FLOTEK TO PARTICIPATE IN WATER TOWER RESEARCH FIRESIDE CHAT - PR Newswire
Flotek Industries Fama & French Chemicals
Chemicals
Fama & French Classification
Flotek Industries SEC Filings
Flotek Industries SEC Filings Security & Exchange Commission EDGAR Reports
Older SymbolFLTK
CEOJohn Chisholm  (View All)
Thematic Classification
Currently Active Investing Idea (view all)
Chemicals
Average Analyst Recommendation
Analysts covering Flotek Industries report their recommendations after researching Flotek Industries' financial statements, talking to executives and customers, or listening in on Flotek Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Flotek Industries. The Flotek consensus assessment is calculated by taking the average forecast from all of the analysts covering Flotek Industries.
Strong Buy1 Opinion
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Flotek Industries based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Flotek Industries financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 4 - PoorDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares71.5 M73.4 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted72.2 M73.4 M
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations(26.5 M)(25.8 M)
Fairly Down
Decreasing
Slightly volatile
Total Assets51.6 M50.2 M
Fairly Up
Decreasing
Slightly volatile
Total Liabilities30.8 M30.1 M
Fairly Up
Decreasing
Slightly volatile
Current Assets43.7 M42.6 M
Fairly Up
Decreasing
Slightly volatile
Current Liabilities19.3 M18.8 M
Fairly Up
Decreasing
Stable
Total Debt13.6 M13.3 M
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets(0.47)(0.461)
Fairly Down
Decreasing
Slightly volatile
Gross Margin0.110.075
Way Up
Decreasing
Slightly volatile
Asset Turnover0.680.653
Sufficiently Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Flotek Industries' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Flotek Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Flotek Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Flotek Industries' financial leverage. It provides some insight into what part of Flotek Industries' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Flotek Industries' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Flotek Industries deploys its capital and how much of that capital is borrowed.
Liquidity
Flotek Industries cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 13.26 M in debt with debt to equity (D/E) ratio of 0.66, which is OK given its current industry classification. Flotek Industries has a current ratio of 2.22, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Flotek Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Flotek Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Flotek Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Flotek to invest in growth at high rates of return. When we think about Flotek Industries' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(26.52 Million)Share
Flotek Industries (FTK) is traded on New York Stock Exchange in USA. It is located in 8846 North Sam Houston Pkwy West and employs 131 people. Flotek Industries was previously known as FLOTEK INDUSTRIES INC and was traded on New York Stock Exchange under the symbol FLTK. Flotek Industries is listed under Chemicals category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with total capitalization of 92.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Flotek Industries's market, we take the total number of its shares issued and multiply it by Flotek Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Flotek Industries runs under Energy sector within Oil & Gas Equipment & Services industry. The entity has 79.62 M outstanding shares of which 3.44 M shares are currently shorted by investors with about 5.31 days to cover. 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.
Check Flotek Industries Probability Of Bankruptcy
Ownership
Flotek Industries holds a total of seventy-nine million six hundred twenty thousand outstanding shares. 30% of Flotek Industries outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulation than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or about to change. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Flotek Ownership Details

Flotek Stock Price Odds Analysis

What are Flotek Industries' target price odds to finish over the current price? Coming from a normal probability distribution, the odds of Flotek Industries jumping above the current price in 90 days from now is about 84.13%. The Flotek Industries probability density function shows the probability of Flotek Industries stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.417. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Flotek Industries will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Flotek Industries is significantly underperforming DOW.
  Odds Below 1.21HorizonTargetOdds Above 1.21
15.79%90 days
 1.21 
84.13%
Based on a normal probability distribution, the odds of Flotek Industries to move above the current price in 90 days from now is about 84.13 (This Flotek Industries probability density function shows the probability of Flotek Stock to fall within a particular range of prices over 90 days) .

Flotek Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Flotek Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Flotek Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Flotek Industries' value.
InstituionSecurity TypeTotal SharesValue
Nierenberg Investment Management Company IncCommon Shares7.6 M9.6 M
Vanguard Group IncCommon Shares2.8 M3.5 M
Susquehanna International Group LlpCall Options109.7 K138 K
Susquehanna International Group LlpPut Options106.9 K135 K
View Flotek Industries Diagnostics

Flotek Industries Historical Income Statement

Flotek Industries Income Statement is one of the three primary financial statements used for reporting Flotek's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Flotek Industries revenue and expense. Flotek Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Flotek Industries Interest Expense is decreasing as compared to previous years. The last year's value of Interest Expense was reported at 78,000. The current Operating Expenses is estimated to increase to about 48.4 M, while Net Income is projected to decrease to (31.3 M). View More Fundamentals

Flotek Stock Against Markets

Picking the right benchmark for Flotek Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Flotek Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Flotek Industries is critical whether you are bullish or bearish towards Flotek Industries at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Flotek Industries without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Flotek Industries Corporate Directors

Flotek Industries corporate directors refer to members of a Flotek Industries board of directors. The board of directors generally takes responsibility for the Flotek Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Flotek Industries' board members must vote for the resolution. The Flotek Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
L McGuire - Lead Independent DirectorProfile
Paul Hobby - Independent DirectorProfile
Katherine Richard - DirectorProfile
David Nierenberg - Lead Independent DirectorProfile

Investing Flotek Industries

You need to understand the risk of investing before taking a position in Flotek Industries. The danger of trading Flotek Industries is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Flotek Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Flotek Industries. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Flotek Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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.
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.