Northland Capmk Issues Pessimistic Forecast for TTI Earnings

Tetra Technologies, Inc. (NYSE:TTIFree Report) – Research analysts at Northland Capmk dropped their Q1 2026 earnings per share estimates for shares of Tetra Technologies in a research report issued on Wednesday, December 31st. Northland Capmk analyst B. Brooks now anticipates that the oil and gas company will post earnings per share of $0.03 for the quarter, down from their prior estimate of $0.04. The consensus estimate for Tetra Technologies’ current full-year earnings is $0.15 per share. Northland Capmk also issued estimates for Tetra Technologies’ Q1 2027 earnings at $0.05 EPS, Q2 2027 earnings at $0.15 EPS and Q3 2027 earnings at $0.09 EPS.

Tetra Technologies (NYSE:TTIGet Free Report) last issued its earnings results on Tuesday, October 28th. The oil and gas company reported $0.04 EPS for the quarter, meeting analysts’ consensus estimates of $0.04. Tetra Technologies had a net margin of 19.75% and a return on equity of 13.07%. The business had revenue of $153.24 million during the quarter, compared to analysts’ expectations of $144.40 million.

Several other analysts have also recently issued reports on TTI. Weiss Ratings restated a “hold (c+)” rating on shares of Tetra Technologies in a report on Tuesday, October 14th. Stifel Nicolaus boosted their price target on shares of Tetra Technologies from $6.50 to $9.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. CJS Securities assumed coverage on shares of Tetra Technologies in a research report on Thursday, December 11th. They set an “outperform” rating and a $11.50 price objective for the company. Northland Securities boosted their target price on shares of Tetra Technologies from $8.50 to $11.50 and gave the company an “outperform” rating in a report on Wednesday. Finally, Wall Street Zen cut shares of Tetra Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Tetra Technologies currently has an average rating of “Moderate Buy” and an average target price of $9.25.

Get Our Latest Analysis on Tetra Technologies

Tetra Technologies Trading Up 0.1%

Shares of Tetra Technologies stock opened at $9.35 on Thursday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.35 and a quick ratio of 1.56. The stock’s 50 day simple moving average is $8.19 and its 200-day simple moving average is $5.84. The stock has a market cap of $1.25 billion, a P/E ratio of 10.27 and a beta of 1.11. Tetra Technologies has a 1-year low of $2.03 and a 1-year high of $9.64.

Hedge Funds Weigh In On Tetra Technologies

A number of hedge funds have recently made changes to their positions in TTI. State of Alaska Department of Revenue purchased a new stake in Tetra Technologies in the third quarter valued at approximately $28,000. DKM Wealth Management Inc. acquired a new stake in shares of Tetra Technologies in the second quarter valued at $42,000. Osaic Holdings Inc. raised its holdings in shares of Tetra Technologies by 647.1% in the 2nd quarter. Osaic Holdings Inc. now owns 12,700 shares of the oil and gas company’s stock valued at $43,000 after buying an additional 11,000 shares during the period. Catalyst Funds Management Pty Ltd purchased a new stake in shares of Tetra Technologies in the 2nd quarter valued at $44,000. Finally, American Trust acquired a new position in Tetra Technologies during the 2nd quarter worth about $49,000. Hedge funds and other institutional investors own 70.19% of the company’s stock.

Insider Buying and Selling at Tetra Technologies

In other Tetra Technologies news, VP Shoemake Alicia R. Boston sold 19,257 shares of Tetra Technologies stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $7.94, for a total transaction of $152,900.58. Following the completion of the sale, the vice president directly owned 132,672 shares in the company, valued at $1,053,415.68. This trade represents a 12.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.71% of the stock is currently owned by corporate insiders.

About Tetra Technologies

(Get Free Report)

Tetra Technologies, Inc (NYSE: TTI) is a provider of specialized products and services to the upstream oil and gas industry. The company operates through two primary segments: Oilfield Services, which offers hydraulic fracturing and wellsite fluid systems, and Chemical Solutions, which manufactures and delivers a broad range of drilling, completion and production chemicals. Tetra’s integrated service model spans the design, blending and on-site delivery of fluids, as well as pumping equipment and related wellsite operations.

Within the Oilfield Services segment, Tetra supplies pressure pumping fleets and associated equipment to support onshore hydraulic fracturing and well placement activities.

Read More

Receive News & Ratings for Tetra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tetra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.