$-0.05 EPS Expected for Flotek Industries, Inc. (FTK)

January 14, 2018 - By Henry Gaston

 $ 0.05 EPS Expected for Flotek Industries, Inc. (FTK)
Investors sentiment increased to 1.84 in Q3 2017. Its up 0.59, from 1.25 in 2017Q2. It is positive, as 21 investors sold Flotek Industries, Inc. shares while 23 reduced holdings. 30 funds opened positions while 51 raised stakes. 47.40 million shares or 14.16% less from 55.22 million shares in 2017Q2 were reported.
Ls Limited Co has invested 0% of its portfolio in Flotek Industries, Inc. (NYSE:FTK). Guggenheim Cap Limited Com reported 11,738 shares. Group Inc One Trading Limited Partnership reported 0% stake. Tiaa Cref Investment Mgmt Ltd Liability Corp invested in 0% or 214,967 shares. Morgan Stanley reported 1.70 million shares or 0% of all its holdings. Swiss Retail Bank reported 0% stake. 2.14 million were accumulated by Millennium Mgmt Lc. The Massachusetts-based Boston Prns has invested 0.01% in Flotek Industries, Inc. (NYSE:FTK). Paloma Prtn Management Communications has invested 0.01% in Flotek Industries, Inc. (NYSE:FTK). Vanguard holds 0% or 3.71 million shares in its portfolio. Schwab Charles Invest Management Inc holds 249,573 shares. Rnc Cap Management Ltd Liability Corp invested in 10,035 shares. Jpmorgan Chase has invested 0% in Flotek Industries, Inc. (NYSE:FTK). Sg Americas Ltd Liability Co holds 14,172 shares. Stevens Lp accumulated 23,569 shares.

Analysts expect Flotek Industries, Inc. (NYSE:FTK) to report $-0.05 EPS on February, 14.They anticipate $0.01 EPS change or 16.67 % from last quarter’s $-0.06 EPS. After having $-0.03 EPS previously, Flotek Industries, Inc.’s analysts see 66.67 % EPS growth. The stock increased 0.85% or $0.05 during the last trading session, reaching $5.93. About 1.45M shares traded or 44.48% up from the average. Flotek Industries, Inc. (NYSE:FTK) has declined 6.33% since January 14, 2017 and is downtrending. It has underperformed by 23.03% the S&P500.

Flotek Industries, Inc. (NYSE:FTK) Ratings Coverage

Among 5 analysts covering Flotek Industries (NYSE:FTK), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Flotek Industries had 10 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was upgraded by Oppenheimer on Monday, July 27 to “Perform”. The firm has “Strong-Buy” rating given on Friday, August 28 by Vetr. The stock of Flotek Industries, Inc. (NYSE:FTK) has “Speculative Buy” rating given on Wednesday, January 20 by Seaport Global Securities. Oppenheimer maintained it with “Perform” rating and $18 target in Wednesday, October 7 report. The rating was downgraded by Vetr on Thursday, August 6 to “Buy”. The stock of Flotek Industries, Inc. (NYSE:FTK) has “Buy” rating given on Tuesday, September 22 by Vetr. KLR Group initiated Flotek Industries, Inc. (NYSE:FTK) rating on Monday, December 14. KLR Group has “Buy” rating and $14.50 target.

Flotek Industries, Inc. develops and supplies chemistry and services to the gas and oil industries in the United States and internationally. The company has market cap of $336.98 million. It operates through two divisions, Energy Chemistry Technologies and Consumer and Industrial Chemistry Technologies. It currently has negative earnings. The Energy Chemistry Technologies segment is involved in the design, development, manufacture, packaging, and marketing of chemistries under the Complex nano-Fluid brand name for use in gas and oil well drilling, cementing, completion, stimulation, and production activities, as well as for use in enhanced and improved oil recovery markets.

More notable recent Flotek Industries, Inc. (NYSE:FTK) news were published by: Prnewswire.com which released: “Flotek Industries, Inc. Announces Leadership Changes, Increased Capacity On …” on October 05, 2017, also Prnewswire.com with their article: “Flotek Industries, Inc. Announces Second Quarter 2017 Results” published on August 01, 2017, Prnewswire.com published: “Flotek Industries, Inc. Announces Conclusion Of SEC Inquiry” on August 22, 2017. More interesting news about Flotek Industries, Inc. (NYSE:FTK) were released by: Prnewswire.com and their article: “Flotek Industries, Inc. Provides Storm Related Operational Updates, Announces …” published on September 07, 2017 as well as Prnewswire.com‘s news article titled: “Flotek Industries, Inc. Provides Update On Third Quarter Expectations” with publication date: September 25, 2017.

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