In the last trading session, 1.27 million Flotek Industries Inc (NYSE:FTK) shares changed hands as the company’s beta touched 1.36. With the company’s per share price at $14.76 changed hands at $0.13 or 0.89% during last session, the market valuation stood at $440.62M. FTK’s last price was a discount, traded about -14.3% off its 52-week high of $16.87. The share price had its 52-week low at $3.79, which suggests the last value was 74.32% up since then. When we look at Flotek Industries Inc’s average trading volume, we note the 10-day average is 0.96 million shares, with the 3-month average coming to 463.97K.
Flotek Industries Inc (NYSE:FTK) trade information
Instantly FTK was in green as seen at the end of in last trading. With action 3.36%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 231.69%, with the 5-day performance at 3.36% in the green. However, in the 30-day time frame, Flotek Industries Inc (NYSE:FTK) is -1.53% down. Looking at the short shares, we see there were 1.23 million shares sold at short interest cover period of 2.29 days.
Flotek Industries Inc (FTK) estimates and forecasts
Year-over-year growth is forecast to reach 13.78% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 52.4M. 3 analysts are of the opinion that Flotek Industries Inc’s revenue for the current quarter will be 51.3M. The company’s revenue for the corresponding quarters a year ago was 46.15M and 49.74M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 13.54%. The estimates for the next quarter sales put growth at 3.13%.
The 2025 estimates are for Flotek Industries Inc earnings to increase by 100.59%.
FTK Dividends
Flotek Industries Inc is expected to release its next quarterly earnings report on 2025-May-06.
Flotek Industries Inc (NYSE:FTK)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 53.47% of Flotek Industries Inc shares while 28.43% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 61.10%. There are 28.43% institutions holding the Flotek Industries Inc stock share, with NIERENBERG INVESTMENT MANAGEMENT COMPANY, INC. the top institutional holder. As of 2024-06-30, the company held 4.2366% of the shares, roughly 1.25 million FTK shares worth $6.13 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.2467% or 0.66 million shares worth $3.25 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . With 832.15 shares estimated at $12.28 million under it, the former controlled 2.79% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 1.55% of the shares, roughly 462.16 shares worth around $6.82 million.
