Analysts See $0.05 EPS for Flotek Industries (FTK); Swiss National Bank Decreased Synopsys (SNPS) Holding By $30.75 Million

October 12, 2017 - By Vivian Currie

Swiss National Bank decreased Synopsys Inc (SNPS) stake by 35.65% reported in 2017Q2 SEC filing. Swiss National Bank sold 427,100 shares as Synopsys Inc (SNPS)’s stock rose 0.68%. The Swiss National Bank

holds 771,036 shares with $56.23 million value, down from 1.20 million last quarter. Synopsys Inc now has $12.74 billion valuation. The stock rose 2.32% or $1.92 reaching $84.78. About 383,510 shares traded. Synopsys, Inc. (NASDAQ:SNPS) has risen 45.65% since October 12, 2016 and is uptrending. It has outperformed by 28.95% the S&P500.

Analysts expect Flotek Industries Inc (NYSE:FTK) to report $0.05 EPS on November, 1.They anticipate $0.10 EPS change or 200.00% from last quarter’s $-0.05 EPS. FTK’s profit would be $2.87M giving it 24.15 P/E if the $0.05 EPS is correct. After having $0.02 EPS previously, Flotek Industries Inc’s analysts see 150.00% EPS growth. About 475,457 shares traded. Flotek Industries Inc (NYSE:FTK) has declined 6.33% since October 12, 2016 and is downtrending. It has underperformed by 23.03% the S&P500.

Among 5 analysts covering Flotek Industries (NYSE:FTK), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Flotek Industries had 10 analyst reports since July 27, 2015 according to SRatingsIntel. Oppenheimer upgraded the stock to “Perform” rating in Monday, July 27 report. The rating was initiated by KLR Group on Monday, December 14 with “Buy”. The stock has “Buy” rating by Vetr on Thursday, August 6. The firm earned “Speculative Buy” rating on Wednesday, January 20 by Seaport Global Securities. Oppenheimer maintained Flotek Industries Inc (NYSE:FTK) rating on Wednesday, October 7. Oppenheimer has “Perform” rating and $18 target. As per Friday, August 28, the company rating was downgraded by Vetr. The firm has “Buy” rating given on Tuesday, September 22 by Vetr.

Investors sentiment decreased to 1.25 in Q2 2017. Its down 0.14, from 1.39 in 2017Q1. It dropped, as 20 investors sold Flotek Industries Inc shares while 35 reduced holdings. 22 funds opened positions while 47 raised stakes. 55.22 million shares or 4.56% less from 57.85 million shares in 2017Q1 were reported. Jpmorgan Chase & owns 4.06 million shares for 0.01% of their portfolio. South Dakota Invest Council has invested 0.01% in Flotek Industries Inc (NYSE:FTK). Ny State Teachers Retirement Sys stated it has 0% of its portfolio in Flotek Industries Inc (NYSE:FTK). Baker Avenue Asset Management Lp holds 91,286 shares or 0.11% of its portfolio. Utd Service Automobile Association reported 0.01% stake. Employees Retirement Sys Of Texas stated it has 101,000 shares or 0.01% of all its holdings. 30,904 were reported by Teton Inc. California Pub Employees Retirement System reported 169,500 shares. Outfitter Advsr Limited owns 25,000 shares or 0.08% of their US portfolio. Goldman Sachs Gp has invested 0% in Flotek Industries Inc (NYSE:FTK). Us Bancorporation De, Minnesota-based fund reported 98 shares. Citadel Advsr Ltd Liability Corporation, a Illinois-based fund reported 44,736 shares. Creative Planning reported 120,778 shares. Stephens Ar has 0.17% invested in Flotek Industries Inc (NYSE:FTK). Rhumbline Advisers invested in 0% or 114,191 shares.

Flotek Industries, Inc. is a technology-driven company. The company has market cap of $277.20 million. The Firm develops and supplies chemistry and services to the gas and oil industries, and compounds to companies that make cleaning products, cosmetics, food and beverages, and other products that are sold in consumer and industrial markets. It has a 1128.5 P/E ratio. The Firm operates through two divisions: Energy Chemistry Technologies , and Consumer and Industrial Chemistry Technologies (CICT).

Analysts await Synopsys, Inc. (NASDAQ:SNPS) to report earnings on November, 29. They expect $0.27 EPS, down 42.55% or $0.20 from last year’s $0.47 per share. SNPS’s profit will be $40.57 million for 78.50 P/E if the $0.27 EPS becomes a reality. After $0.75 actual EPS reported by Synopsys, Inc. for the previous quarter, Wall Street now forecasts -64.00% negative EPS growth.

Investors sentiment increased to 1.2 in Q2 2017. Its up 0.03, from 1.17 in 2017Q1. It is positive, as 23 investors sold SNPS shares while 144 reduced holdings. 62 funds opened positions while 138 raised stakes. 131.56 million shares or 2.46% less from 134.87 million shares in 2017Q1 were reported. Navellier Associate reported 76,265 shares. Aberdeen Asset Mngmt Pcl Uk holds 42,353 shares or 0.01% of its portfolio. Mitsubishi Ufj And Banking invested in 368,936 shares. Genesee Valley Trust has invested 0.17% in Synopsys, Inc. (NASDAQ:SNPS). Quantres Asset holds 0.4% or 8,400 shares in its portfolio. Cantab Capital Ptnrs Ltd Liability Partnership has 0% invested in Synopsys, Inc. (NASDAQ:SNPS). Robecosam Ag has 1,300 shares. Prospector Prtnrs has invested 0.11% in Synopsys, Inc. (NASDAQ:SNPS). The Belgium-based Kbc Group Nv has invested 0.15% in Synopsys, Inc. (NASDAQ:SNPS). Archford Strategies Limited Liability Corp reported 69 shares stake. Oakbrook Lc invested in 0.05% or 10,910 shares. Schroder Group reported 0.07% in Synopsys, Inc. (NASDAQ:SNPS). Guggenheim Limited has invested 0.14% in Synopsys, Inc. (NASDAQ:SNPS). Michigan-based Usa Portformulas Corp has invested 0.9% in Synopsys, Inc. (NASDAQ:SNPS). Paloma Prtn reported 49,209 shares.

Since May 19, 2017, it had 0 insider buys, and 5 sales for $21.61 million activity. SCHWARZ JOHN sold $1.53M worth of stock or 21,496 shares. 264,000 shares were sold by DE GEUS AART, worth $18.75 million on Friday, May 19. Another trade for 10,000 shares valued at $710,000 was sold by RUNKEL JOHN F JR. 5,000 shares valued at $355,226 were sold by Logan Joseph W on Friday, May 19. 3,750 shares were sold by CHAN CHI-FOON, worth $266,088 on Friday, May 19.


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