Q4 Earnings Estimate for TTI Issued By Northland Capmk

Tetra Technologies, Inc. (NYSE:TTI) – Research analysts at Northland Capmk issued their Q4 2027 earnings estimates for shares of Tetra Technologies in a research report issued on Wednesday, December 31st. Northland Capmk analyst B. Brooks anticipates that the oil and gas company will earn $0.10 per share for the quarter. The consensus estimate for Tetra Technologies’ current full-year earnings is $0.15 per share.

Tetra Technologies (NYSE:TTI) last announced its quarterly earnings results on Tuesday, October 28th. The oil and gas company reported $0.04 EPS for the quarter, hitting analysts’ consensus estimates of $0.04. Tetra Technologies had a net margin of 19.75% and a return on equity of 13.07%. The firm had revenue of $153.24 million during the quarter, compared to analyst estimates of $144.40 million.

TTI has been the topic of several other reports. Northland Securities increased their price target on Tetra Technologies from $8.50 to $11.50 and gave the company an “outperform” rating in a report on Wednesday. Weiss Ratings reissued a “hold (c+)” rating on shares of Tetra Technologies in a report on Tuesday, October 14th. Stifel Nicolaus raised their target price on Tetra Technologies from $6.50 to $9.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Wall Street Zen lowered shares of Tetra Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, CJS Securities initiated coverage on shares of Tetra Technologies in a report on Thursday, December 11th. They issued an “outperform” rating and a $11.50 price objective on the stock. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Tetra Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $9.25.

Tetra Technologies Trading Up 4.3%

Shares of TTI stock opened at $9.78 on Friday. The company has a current ratio of 2.35, a quick ratio of 1.56 and a debt-to-equity ratio of 0.61. Tetra Technologies has a 12-month low of $2.03 and a 12-month high of $9.79. The stock has a market capitalization of $1.31 billion, a P/E ratio of 10.74 and a beta of 1.11. The firm’s 50 day moving average is $8.23 and its 200 day moving average is $5.88.

Insider Buying and Selling

In other Tetra Technologies news, VP Shoemake Alicia R. Boston sold 19,257 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $7.94, for a total transaction of $152,900.58. Following the sale, the vice president owned 132,672 shares in the company, valued at approximately $1,053,415.68. This trade represents a 12.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 5.71% of the company’s stock.

Institutional Trading of Tetra Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Comerica Bank lifted its stake in shares of Tetra Technologies by 134.3% during the 1st quarter. Comerica Bank now owns 284,304 shares of the oil and gas company’s stock valued at $955,000 after buying an additional 162,978 shares in the last quarter. State of Wyoming raised its holdings in Tetra Technologies by 33.9% during the first quarter. State of Wyoming now owns 34,502 shares of the oil and gas company’s stock valued at $116,000 after acquiring an additional 8,730 shares during the period. Graham Capital Management L.P. lifted its position in shares of Tetra Technologies by 13.2% in the first quarter. Graham Capital Management L.P. now owns 167,291 shares of the oil and gas company’s stock valued at $562,000 after acquiring an additional 19,524 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Tetra Technologies by 87.3% in the first quarter. AQR Capital Management LLC now owns 120,585 shares of the oil and gas company’s stock valued at $405,000 after acquiring an additional 56,203 shares in the last quarter. Finally, Cinctive Capital Management LP boosted its stake in shares of Tetra Technologies by 13.6% in the first quarter. Cinctive Capital Management LP now owns 475,000 shares of the oil and gas company’s stock worth $1,596,000 after acquiring an additional 56,941 shares during the period. 70.19% of the stock is owned by hedge funds and other institutional investors.

Tetra Technologies Company Profile

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.