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

April 20, 2018 - By Dolores Ford

Flotek Industries, Inc. (NYSE:FTK) LogoInvestors sentiment decreased to 0.7 in 2017 Q4. Its down 1.14, from 1.84 in 2017Q3. It worsened, 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.
Dimensional Fund Advisors Limited Partnership holds 0% or 1.90M shares in its portfolio. The Michigan-based Arcadia Mgmt Mi has invested 0.01% in Flotek Industries, Inc. (NYSE:FTK). Barclays Public Ltd Limited Liability Company has invested 0% in Flotek Industries, Inc. (NYSE:FTK). Federated Invsts Pa owns 0% invested in Flotek Industries, Inc. (NYSE:FTK) for 23,102 shares. 46,313 were reported by Millennium Ltd Com. Geode Cap Management Ltd Liability Company holds 0% in Flotek Industries, Inc. (NYSE:FTK) or 533,605 shares. Moreover, Ellington Mngmt Group Incorporated Ltd has 0.02% invested in Flotek Industries, Inc. (NYSE:FTK) for 31,800 shares. Aperio Gru Llc holds 12,764 shares. Country Trust Financial Bank stated it has 500 shares or 0% of all its holdings. Fincl Bank Of Montreal Can holds 0% in Flotek Industries, Inc. (NYSE:FTK) or 154 shares. Deutsche Bancshares Ag, Germany-based fund reported 819,925 shares. Moreover, Blackrock has 0% invested in Flotek Industries, Inc. (NYSE:FTK) for 7.24M shares. Parkside Natl Bank And Tru reported 75 shares. Texas Permanent School Fund stated it has 38,413 shares. State Of Tennessee Treasury Department stated it has 45,685 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 $2.85 million giving it 31.60 P/E if the $0.05 EPS is correct. The stock decreased 4.68% or $0.31 during the last trading session, reaching $6.32. About 1.25 million shares traded or 26.62% up from the average. Flotek Industries, Inc. (NYSE:FTK) has declined 46.23% since April 21, 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 $360.26 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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