TETRA Technologies (TTI) Stock Price, News & Analysis

Company Overview

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. This segment also markets liquid and dry calcium chloride products; and TETRA PureFlow ultra-pure zinc bromide to battery technology companies. The Water & Flowback Services segment provides water management services for onshore oil and gas operators. This segment also offers frac flowback, production well testing, and other associated services in oil and gas producing regions in the United States, as well as in various basins in Latin America, Africa, Europe, and the Middle East. TETRA Technologies, Inc. was incorporated in 1981 and is headquartered in The Woodlands, Texas.

Key Stats

• Today's Range: $3.52 to $3.67
• 50-Day Range: $2.95 to $4.04
• 52-Week Range: $2.68 to $5.08
• Volume: 697,288 shs
• Average Volume: 1.28 million shs
• Market Capitalization: $483.74 million
• P/E Ratio: 183.59
• Dividend Yield: N/A
• Price Target: $6.50
• Consensus Rating: Buy

TETRA Technologies Stock Analysis - MarketRank™

TETRA Technologies scored higher than 75% of companies evaluated by MarketBeat, and ranked 108th out of 272 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

TETRA Technologies has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

TETRA Technologies has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 173.33%

Earnings Growth

Earnings for TETRA Technologies are expected to grow by 173.33% in the coming year, from $0.15 to $0.41 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TETRA Technologies is 183.59, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 132.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of TETRA Technologies is 183.59, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.32.

Price to Book Value per Share Ratio

TETRA Technologies has a P/B Ratio of 3.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.34% of the float of TETRA Technologies has been sold short.

Short Interest Ratio / Days to Cover

TETRA Technologies has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TETRA Technologies has recently decreased by 1.02%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

TETRA Technologies does not currently pay a dividend.

Dividend Growth

TETRA Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.34% of the float of TETRA Technologies has been sold short.

Short Interest Ratio / Days to Cover

TETRA Technologies has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TETRA Technologies has recently decreased by 1.02%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.45

News Sentiment

TETRA Technologies has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for TETRA Technologies this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for TTI on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added TETRA Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, TETRA Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.83% of the stock of TETRA Technologies is held by insiders.

Percentage Held by Institutions

70.19% of the stock of TETRA Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TTI Stock Analysis - Frequently Asked Questions

How have TTI shares performed this year?

TETRA Technologies' stock was trading at $4.52 at the beginning of the year. Since then, TTI shares have decreased by 18.8% and is now trading at $3.67.
View the best growth stocks for 2024 here.

How were TETRA Technologies' earnings last quarter?

TETRA Technologies, Inc. (NYSE:TTI) released its quarterly earnings data on Tuesday, October, 29th. The oil and gas company reported $0.03 EPS for the quarter, hitting analysts' consensus estimates of $0.03. The company's revenue for the quarter was down 6.5% on a year-over-year basis.

Who are TETRA Technologies' major shareholders?

Top institutional shareholders of TETRA Technologies include State Street Corp (2.52%), Geode Capital Management LLC (2.07%), Stanley Laman Group Ltd. (1.07%) and HITE Hedge Asset Management LLC (0.96%). Insiders that own company stock include Brady M Murphy, Matthew Sanderson, Thomas R Bates Jr, Timothy C Moeller and Roy Mcniven.
View institutional ownership trends.

How do I buy shares of TETRA Technologies?

Shares of TTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of TETRA Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TETRA Technologies investors own include Xtrackers California Municipal Bond ETF (CA), Hawkins (HWKN), Endologix (ELGX), Chipotle Mexican Grill (CMG), BlackRock (BLK), NVIDIA (NVDA) and Dell Technologies (DELL).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Oil & Gas Equipment & Services
• Current Symbol: NYSE:TTI
• CUSIP: 88162F10
• CIK: 844965
• Web: www.tetratec.com
• Phone: (281) 367-1983
• Fax: 281-364-4398
• Employees: 1,500
• Year Founded: 1981

Price Target and Rating

• Average Stock Price Target: $6.50
• High Stock Price Target: $8.00
• Low Stock Price Target: $5.50
• Potential Upside/Downside: +77.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.02
• Trailing P/E Ratio: 183.59
• Forward P/E Ratio: 24.47
• P/E Growth: N/A
• Net Income: $25.78 million
• Net Margins: 0.27%
• Pretax Margin: 2.87%
• Return on Equity: 14.53%
• Return on Assets: 4.44%

Debt

• Debt-to-Equity Ratio: 1.16
• Current Ratio: 2.33
• Quick Ratio: 1.51

Sales & Book Value

• Annual Sales: $617.73 million
• Price / Sales: 0.78
• Cash Flow: $0.55 per share
• Price / Cash Flow: 6.65
• Book Value: $1.13 per share
• Price / Book: 3.25

Miscellaneous

• Outstanding Shares: 131,810,000
• Free Float: 124,125,000
• Market Cap: $483.74 million
• Optionable: Optionable
• Beta: 2.10