$7.36
4.66% yesterday
NYSE, Nov 15, 10:00 pm CET
ISIN
US3433891021
Symbol
FTK

Flotek Industries Inc Target price 2024 - Analyst rating & recommendation

Flotek Industries Inc Classifications & Recommendation:

Buy
100%

Flotek Industries Inc Price Target

Target Price $8.75
Price $7.36
Potential
Number of Estimates 4
4 Analysts have issued a price target Flotek Industries Inc 2025 . The average Flotek Industries Inc target price is $8.75. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 4 analysts: 4 Analysts recommend Flotek Industries Inc to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Flotek Industries Inc stock has an average upside potential 2025 of . Most analysts recommend the Flotek Industries Inc stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 188.06 186.08
38.19% 1.05%
EBITDA Margin 0.76% 9.58%
102.96% 1,168.74%
Net Margin -1.58% 4.91%
97.88% 409.96%

4 Analysts have issued a sales forecast Flotek Industries Inc 2024 . The average Flotek Industries Inc sales estimate is

$186m
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. This is
4.27% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$189m 6.07%
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, the lowest is
$182m 2.21%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $188m 38.19%
2024
$186m 1.05%
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2025
$218m 17.19%
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2026
$240m 10.24%
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3 Analysts have issued an Flotek Industries Inc EBITDA forecast 2024. The average Flotek Industries Inc EBITDA estimate is

$17.8m
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. This is
10.61% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$18.1m 12.00%
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, the lowest is
$17.6m 9.42%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $1.4m 104.09%
2024
$17.8m 1,155.70%
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2025
$21.8m 22.33%
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2026
$27.1m 24.24%
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EBITDA Margin

2023 0.76% 102.96%
2024
9.58% 1,168.74%
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2025
10.00% 4.38%
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2026
11.27% 12.70%
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4 Flotek Industries Inc Analysts have issued a net profit forecast 2024. The average Flotek Industries Inc net profit estimate is

$9.1m
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. This is
13.51% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$10.1m 25.94%
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, the lowest is
$8.6m 7.42%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-3.0m 97.07%
2024
$9.1m 406.48%
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2025
$14.8m 61.56%
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2026
$17.6m 19.19%
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Net Margin

2023 -1.58% 97.88%
2024
4.91% 409.96%
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2025
6.76% 37.68%
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2026
7.31% 8.14%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -0.10 0.31
97.07% 410.00%
P/E 24.01
EV/Sales 1.21

4 Analysts have issued a Flotek Industries Inc forecast for earnings per share. The average Flotek Industries Inc <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$0.31
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. This is
14.81% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$0.34 25.93%
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, the lowest is
$0.29 7.41%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-0.10 97.07%
2024
$0.31 410.00%
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2025
$0.50 61.29%
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2026
$0.59 18.00%
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P/E ratio

Current 27.59 1,274.04%
2024
24.01 12.98%
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2025
14.87 38.07%
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2026
12.47 16.14%
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Based on analysts' sales estimates for 2024, the Flotek Industries Inc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.26 121.05%
2024
1.21 4.36%
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2025
1.03 14.67%
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2026
0.93 9.29%
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P/S ratio

Current 1.23 134.73%
2024
1.18 4.09%
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2025
1.01 14.67%
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2026
0.91 9.29%
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