TTI Stock Gets Higher EPS Forecast from Northland Securities

Tetra Technologies, Inc. (NYSE:TTI) – Equities research analysts at Northland Securities boosted their FY2026 earnings estimates for Tetra Technologies in a note issued to investors on Wednesday, November 4th. Northland Securities analyst B. Brooks now anticipates that the oil and gas company will post earnings of $0.25 per share for the year, up from their prior forecast of $0.21. The consensus estimate for Tetra Technologies’ current full-year earnings is $0.23 per share.

TTI has been the subject of a number of other research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tetra Technologies in a research note on Monday. Stifel Nicolaus dropped their target price on Tetra Technologies from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Wednesday, September 23rd. Finally, Clear Str upgraded Tetra Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Tetra Technologies presently has a consensus rating of “Buy” and an average price target of $11.17.

Tetra Technologies Price Performance

Shares of TTI opened at $5.85 on Friday. Tetra Technologies has a twelve month low of $4.87 and a twelve month high of $12.54. The firm’s fifty day simple moving average is $6.08 and its 200-day simple moving average is $8.64. The firm has a market capitalization of $867.87 million, a price-to-earnings ratio of 28.09 and a beta of 1.29. The company has a current ratio of 2.43, a quick ratio of 1.76 and a debt-to-equity ratio of 0.44.

Tetra Technologies (NYSE:TTI) last posted its quarterly earnings results on Monday, November 2nd. The oil and gas company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. Tetra Technologies had a net margin of 1.36% and a return on equity of 9.31%. The company had revenue of $167.95 million during the quarter, compared to analysts’ expectations of $156.84 million.

Insider Buying and Selling

In related news, Director Angela John acquired 10,000 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were bought at an average price of $6.50 per share, with a total value of $65,000.00. Following the completion of the acquisition, the director owned 97,434 shares in the company, valued at $633,321. This trade represents a 11.44% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.27% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Tetra Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of TTI. BlackRock Inc. purchased a new stake in Tetra Technologies in the second quarter valued at $138,491,000. Bank of America Corp DE purchased a new position in shares of Tetra Technologies during the second quarter worth about $20,103,000. Rice Hall James & Associates LLC acquired a new stake in shares of Tetra Technologies during the second quarter worth about $12,099,000. Heartland Advisors Inc. acquired a new stake in shares of Tetra Technologies during the second quarter worth about $11,331,000. Finally, Wellington Management Group LLP increased its position in shares of Tetra Technologies by 60.2% during the second quarter. Wellington Management Group LLP now owns 2,343,491 shares of the oil and gas company’s stock worth $26,552,000 after purchasing an additional 880,413 shares in the last quarter. 70.19% of the stock is currently owned by institutional investors and hedge funds.

Tetra Technologies Company Profile

TETRA Technologies, Inc is an energy services and products company that supports oil and gas exploration and production activities. The company provides specialized fluids, water management solutions and related services used in drilling, well completion, production and industrial applications.

TETRA’s Completion Fluids & Products business supplies clear brine fluids, including calcium bromide and other bromide-based products, as well as associated completion-fluid services. These fluids are used to control pressure and protect well formations during completion and workover operations.