Northland Securities Has Negative Outlook of TTI Q1 Earnings

Tetra Technologies, Inc. (NYSE:TTI) – Equities researchers at Northland Securities lowered their Q1 2027 earnings per share (EPS) estimates for shares of Tetra Technologies in a research report issued on Tuesday, March 31st. Northland Securities analyst B. Brooks now expects that the oil and gas company will post earnings of $0.05 per share for the quarter, down from their prior forecast of $0.06. Northland Securities has a “Outperform” rating and a $11.50 price target on the stock. The consensus estimate for Tetra Technologies’ current full-year earnings is $0.15 per share. Northland Securities also issued estimates for Tetra Technologies’ Q3 2027 earnings at $0.09 EPS, Q4 2027 earnings at $0.10 EPS and FY2027 earnings at $0.40 EPS.

Tetra Technologies (NYSE:TTI) last issued its quarterly earnings results on Wednesday, February 25th. The oil and gas company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The business had revenue of $146.68 million for the quarter, compared to the consensus estimate of $140.98 million. Tetra Technologies had a net margin of 0.48% and a return on equity of 12.56%.

TTI has been the subject of several other reports. Stifel Nicolaus upped their price target on shares of Tetra Technologies from $9.00 to $13.00 and gave the company a “buy” rating in a research report on Monday, January 12th. CJS Securities started coverage on Tetra Technologies in a research note on Thursday, December 11th. They issued an “outperform” rating and a $11.50 target price for the company. Clear Str cut Tetra Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Tetra Technologies in a research report on Friday, January 9th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Tetra Technologies has an average rating of “Moderate Buy” and an average target price of $10.25.

Tetra Technologies Price Performance

TTI stock opened at $8.73 on Friday. The firm has a market cap of $1.17 billion, a P/E ratio of 436.25 and a beta of 1.22. The firm’s fifty day moving average is $9.76 and its 200 day moving average is $8.62. Tetra Technologies has a 52 week low of $2.03 and a 52 week high of $12.54. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.28 and a current ratio of 2.02.

Hedge Funds Weigh In On Tetra Technologies

Several hedge funds and other institutional investors have recently modified their holdings of the company. Aster Capital Management DIFC Ltd bought a new stake in shares of Tetra Technologies in the fourth quarter worth about $33,000. Stone House Investment Management LLC purchased a new stake in Tetra Technologies in the 4th quarter worth approximately $39,000. Rockefeller Capital Management L.P. purchased a new stake in Tetra Technologies in the 4th quarter worth approximately $45,000. State of Alaska Department of Revenue bought a new stake in shares of Tetra Technologies in the 3rd quarter worth approximately $28,000. Finally, Generali Investments Management Co LLC bought a new stake in shares of Tetra Technologies in the 4th quarter worth approximately $54,000. 70.19% of the stock is owned by 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.