
Tetra Technologies, Inc. (NYSE:TTI – Free Report) – Analysts at Northland Securities cut their FY2026 earnings per share (EPS) estimates for Tetra Technologies in a note issued to investors on Monday, October 12th. Northland Securities analyst B. Brooks now expects that the oil and gas company will earn $0.22 per share for the year, down from their prior forecast of $0.23. The consensus estimate for Tetra Technologies’ current full-year earnings is $0.25 per share. Northland Securities also issued estimates for Tetra Technologies’ Q4 2026 earnings at $0.04 EPS.
Several other equities research analysts have also recently commented on the stock. Clear Str upgraded shares of Tetra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Weiss Ratings downgraded shares of Tetra Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 4th. Finally, Stifel Nicolaus reduced their price objective on shares of Tetra Technologies from $13.00 to $12.00 and set a “buy” rating for the company in a research report on Wednesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Tetra Technologies presently has a consensus rating of “Buy” and a consensus price target of $11.17.
Tetra Technologies Trading Down 5.5%
Shares of TTI stock opened at $5.35 on Tuesday. The stock has a 50-day simple moving average of $6.81 and a 200 day simple moving average of $8.54. Tetra Technologies has a fifty-two week low of $5.19 and a fifty-two week high of $12.54. The stock has a market capitalization of $792.17 million, a P/E ratio of 28.30 and a beta of 1.26. The company has a quick ratio of 1.76, a current ratio of 2.46 and a debt-to-equity ratio of 0.43.
Tetra Technologies (NYSE:TTI – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The oil and gas company reported $0.08 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.08. Tetra Technologies had a return on equity of 9.11% and a net margin of 0.97%. The firm had revenue of $185.66 million during the quarter, compared to analyst estimates of $176.16 million. During the same period last year, the company posted $0.08 EPS.
Insider Activity
In related news, Director Angela John acquired 10,000 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The stock was bought at an average price of $6.50 per share, for a total transaction of $65,000.00. Following the transaction, the director owned 97,434 shares of the company’s stock, valued at approximately $633,321. The trade was a 11.44% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 6.27% of the company’s stock.
Hedge Funds Weigh In On Tetra Technologies
A number of hedge funds have recently modified their holdings of the stock. Baird Financial Group Inc. acquired a new position in shares of Tetra Technologies in the second quarter worth about $280,000. Corient Private Wealth LP purchased a new position in shares of Tetra Technologies in the second quarter worth approximately $114,000. Amundi increased its position in shares of Tetra Technologies by 249.5% in the second quarter. Amundi now owns 58,017 shares of the oil and gas company’s stock worth $657,000 after acquiring an additional 41,419 shares in the last quarter. Benjamin Edwards Inc. increased its position in shares of Tetra Technologies by 15.4% in the second quarter. Benjamin Edwards Inc. now owns 17,357 shares of the oil and gas company’s stock worth $197,000 after acquiring an additional 2,318 shares in the last quarter. Finally, Penn Capital Management Company LLC raised its holdings in shares of Tetra Technologies by 62.4% during the second quarter. Penn Capital Management Company LLC now owns 180,867 shares of the oil and gas company’s stock valued at $2,049,000 after acquiring an additional 69,500 shares during the period. 70.19% of the stock is currently owned by institutional investors and hedge funds.
About Tetra Technologies
Tetra Technologies, Inc (NYSE: TTI) is an energy services and solutions company that provides specialized products and services to the oil and gas industry, with additional activities related to energy transition. The company serves customers involved in drilling, well completion, production and offshore operations.
Tetra’s Completion Fluids & Products segment supplies clear brine fluids, completion-fluid additives and related products used to control pressure and protect reservoirs during well-completion and workover activities.
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