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

April 1, 2018 - By Maria Brooks

Flotek Industries, Inc. (NYSE:FTK) LogoInvestors sentiment decreased to 0.7 in Q4 2017. Its down 1.14, from 1.84 in 2017Q3. It turned negative, as 24 investors sold Flotek Industries, Inc. shares while 45 reduced holdings. 18 funds opened positions while 30 raised stakes. 42.92 million shares or 9.44% less from 47.40 million shares in 2017Q3 were reported.
Parametric Port Associates Limited Liability Com has 0% invested in Flotek Industries, Inc. (NYSE:FTK) for 54,027 shares. Vanguard has invested 0% in Flotek Industries, Inc. (NYSE:FTK). Legal & General Grp Public Limited Company holds 105,234 shares. Balyasny Asset Ltd Liability Corp has 0% invested in Flotek Industries, Inc. (NYSE:FTK) for 43,367 shares. 48,438 are held by Aqr Mgmt. 1,942 were reported by Ls Investment Limited Liability Company. Cubist Systematic Strategies Limited Liability Corp has 0% invested in Flotek Industries, Inc. (NYSE:FTK) for 7,686 shares. Country Tru Savings Bank invested 0% in Flotek Industries, Inc. (NYSE:FTK). Sector Pension Board stated it has 34,331 shares or 0% of all its holdings. Connor Clark & Lunn Investment Mgmt Ltd accumulated 128,561 shares. Bankshares Of America De, a North Carolina-based fund reported 39,813 shares. Ameriprise Fincl holds 0% of its portfolio in Flotek Industries, Inc. (NYSE:FTK) for 706,725 shares. 69,290 were reported by Virtu Financial Llc. Boston Partners holds 0% or 798,920 shares. Texas Permanent School Fund has 0% invested in Flotek Industries, Inc. (NYSE:FTK) for 38,413 shares.

Analysts expect Flotek Industries, Inc. (NYSE:FTK) to report $0.05 EPS on May, 2.They anticipate $0.06 EPS change or 600.00 % from last quarter’s $-0.01 EPS. FTK’s profit would be $2.84M giving it 30.50 P/E if the $0.05 EPS is correct. The stock increased 0.99% or $0.06 during the last trading session, reaching $6.1. About 681,663 shares traded. Flotek Industries, Inc. (NYSE:FTK) has declined 46.23% since April 1, 2017 and is downtrending. It has underperformed by 57.78% the S&P500.

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 $346.21 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.

Flotek Industries, Inc. (NYSE:FTK) Institutional Positions Chart

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