What is Northland Capmk's Forecast for TTI FY2025 Earnings?

TETRA Technologies, Inc. (NYSE:TTI - Free Report) - Equities research analysts at Northland Capmk reduced their FY2025 earnings per share (EPS) estimates for TETRA Technologies in a report issued on Thursday, February 27th. Northland Capmk analyst B. Brooks now forecasts that the oil and gas company will post earnings per share of $0.27 for the year, down from their previous forecast of $0.40. The consensus estimate for TETRA Technologies' current full-year earnings is $0.15 per share. Northland Capmk also issued estimates for TETRA Technologies' FY2026 earnings at $0.44 EPS.

Separately, D. Boral Capital reiterated a "buy" rating and set a $5.50 target price on shares of TETRA Technologies in a research note on Thursday, February 27th.

TETRA Technologies Stock Down 3.4 %

Shares of TTI traded down $0.12 on Monday, hitting $3.28. 707,568 shares of the stock traded hands, compared to its average volume of 1,162,295. TETRA Technologies has a one year low of $2.68 and a one year high of $5.12. The company has a market capitalization of $433.59 million, a PE ratio of 163.83 and a beta of 2.04. The business has a 50 day simple moving average of $4.17 and a 200 day simple moving average of $3.65. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.51 and a current ratio of 2.33.

TETRA Technologies (NYSE:TTI - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The oil and gas company reported $0.03 earnings per share for the quarter, meeting analysts' consensus estimates of $0.03. The business had revenue of $134.50 million during the quarter, compared to analyst estimates of $138.96 million. TETRA Technologies had a net margin of 0.27% and a return on equity of 14.53%.

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Institutional Trading of TETRA Technologies

Institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its position in TETRA Technologies by 233.2% during the third quarter. JPMorgan Chase & Co. now owns 510,705 shares of the oil and gas company's stock valued at $1,583,000 after purchasing an additional 357,455 shares during the period. Walleye Capital LLC purchased a new stake in TETRA Technologies during the 3rd quarter valued at $418,000. Barclays PLC lifted its holdings in shares of TETRA Technologies by 369.6% during the 3rd quarter. Barclays PLC now owns 209,873 shares of the oil and gas company's stock valued at $650,000 after buying an additional 165,184 shares during the period. Jacobs Levy Equity Management Inc. purchased a new position in shares of TETRA Technologies in the 3rd quarter worth $2,546,000. Finally, Stifel Financial Corp grew its holdings in shares of TETRA Technologies by 703.0% in the third quarter. Stifel Financial Corp now owns 216,439 shares of the oil and gas company's stock worth $671,000 after acquiring an additional 189,484 shares during the period. Hedge funds and other institutional investors own 70.19% of the company's stock.

TETRA Technologies Company Profile

TETRA Technologies, Inc, together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.