Flotek Industries Stock Target Price and Analyst Consensus

FTK
 Stock
  

USD 1.07  0.01  0.93%   

The current analyst and expert consensus on Flotek Industries is Strong Buy, with 0 strong sell and 1 strong buy opinions. The current projected Flotek Industries target price consensus is 2.5 with 1 analyst opinions. The most common way Flotek Industries analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Flotek Industries executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Flotek Industries. We encourage you to use your own analysis of Flotek Industries to validate this buy or sell advice. Flotek Industries buy-or-sell recommendation module provides average expert sentiment on the projected Flotek Industries target price to derive its highest and lowest estimates based on projected price volatility of 0.0. Please check Macroaxis Advice on Flotek Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  
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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 Accumulated Other Comprehensive Income is increasing as compared to previous years. The last year's value of Accumulated Other Comprehensive Income was reported at 81,000. The current Total Assets is estimated to increase to about 51.6 M, while Accumulated Retained Earnings Deficit are projected to decrease to (317.4 M).

Flotek Industries Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Flotek target price is determined by taking all analyst projections and averaging them out. 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 target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of OpinionsOne
Lowered Outlook0
Raized Outlook0
Strong Buy
Most Flotek analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Flotek stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Flotek Industries, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Flotek Industries Target Price Projection

Flotek Industries' current and average target prices are 1.07 and 2.50, respectively. The current price of Flotek Industries is the price at which Flotek Industries is currently trading. On the other hand, Flotek Industries' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Flotek Industries Market Quote on 28th of June 2022

Low Price1.06Odds
High Price1.11Odds

1.07

Target Price

Analyst Consensus On Flotek Industries Target Price

Low Estimate2.5Odds
High Estimate2.5Odds
Number of AnalystsOne
Standard Deviation0.0

2.5

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Flotek Industries and the information provided on this page.

Flotek Industries Analyst Ratings

Flotek Industries' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Flotek Industries stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Flotek Industries' financials, market performance, and future outlook by experienced professionals. Flotek Industries' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

About Flotek Industries Target Price Projections

Flotek Industries's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Flotek Industries and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Flotek depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Flotek Industries including its fundamental analysis.
 2021 2022 (projected)
Long Term Debt to Equity0.170.22
Interest Coverage45.3348.91

Additional Flotek Industries Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Flotek Industries is a key component of Flotek Industries valuation and have some predictive power on the future returns of a Flotek Industries.
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
0.051.056.17
Details
Intrinsic
Valuation
LowReal ValueHigh
0.071.416.53
Details
Naive
Forecast
LowNext ValueHigh
0.0164790.825.95
Details
Earnings
Estimates (1)
LowProjected EPSHigh
-0.36-0.36-0.36
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.

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Please check Macroaxis Advice on Flotek Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. 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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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The data published in Flotek Industries' official financial statements usually reflect Flotek Industries' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Flotek Industries. For example, before you start analyzing numbers published by Flotek accountants, it's critical to develop an understanding of what Flotek Industries' liquidity, profitability, and earnings quality are in the context of the Energy space in which it operates.
Please note, the presentation of Flotek Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Flotek Industries' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Flotek Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Flotek Industries. Please utilize our Beneish M Score to check the likelihood of Flotek Industries' management to manipulate its earnings.