Professional
Added to YB: 2024-03-04
Pitch date: 2024-02-29
FTK [bullish]
Flotek Industries, Inc.
+456.19%
current return
Author Info
No bio for this author
Company Info
Flotek Industries, Inc. operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally.
Market Cap
$542.2M
Pitch Price
$2.99
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.18
P/E
19.53
EV/Sales
2.68
Sector
Chemicals
Category
growth
$FTK Primed for Growth: Record Performance Expected in 2024
FTK set for record 2024 as structural issues resolved, growth initiatives ramp up. Transaction volume recovery + further self-improvement potential. Lower rates could boost volumes despite quality competitors. Sustainable growth, strong cash flows. Trades at 10x 2024 earnings vs peers at 15-20x. Attractive long-term compounder.
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