Jul. 17 at 2:14 PM
$FTK: Overvalued or Future Powerhouse? 🤔
Despite a 34.5% YTD gain, Flotek trades at a premium with a forward P/E of 16.63, surpassing the industry’s 12.78. This optimism stems from its ProFrac deal and 10 straight quarters of improved adjusted EBITDA, reflecting smart management. However, concentration risks and uncertainties around scaling new tech suggest caution.
Opportunity assessment here 👉 https://www.zacks.com/stock/news/2588378/floteks-premium-valuation-should-investors-buy-the-stock?cid=sm-stocktwits-2-2588378-body-2283&ADID=SYND_STOCKTWITS_TWEET_2_2588378_BODY_2283