Key Points
- Director Angela John bought 10,000 Tetra Technologies shares at an average price of $6.50, investing $65,000 and increasing her ownership by 11.44% to 97,434 shares.
- Tetra Technologies reported quarterly EPS of $0.08, in line with estimates, while revenue of $185.66 million exceeded expectations of $176.16 million. The stock opened at $6.66 and remains well below its 12-month high of $12.54.
- Analysts maintain a “Moderate Buy” consensus with an average price target of $11.50, although Northland Securities lowered several upcoming EPS forecasts, signaling a softer profitability outlook.
Tetra Technologies, Inc. (NYSE:TTI - Get Free Report) Director Angela John purchased 10,000 shares of the company's stock in a transaction on Wednesday, September 2nd. The shares were purchased at an average cost of $6.50 per share, with a total value of $65,000.00. Following the purchase, 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Tetra Technologies Price Performance
TTI opened at $6.66 on Thursday. The company has a current ratio of 2.46, a quick ratio of 1.76 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $985.43 million, a P/E ratio of 166.42 and a beta of 1.23. The stock has a 50-day moving average price of $8.50 and a 200-day moving average price of $9.15. Tetra Technologies, Inc. has a 12-month low of $4.61 and a 12-month high of $12.54.
Tetra Technologies (NYSE:TTI - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The oil and gas company reported $0.08 earnings per share for the quarter, meeting analysts' consensus estimates of $0.08. The company had revenue of $185.66 million for the quarter, compared to analysts' expectations of $176.16 million. Tetra Technologies had a return on equity of 9.11% and a net margin of 0.97%.During the same period last year, the firm posted $0.08 EPS. Equities analysts predict that Tetra Technologies, Inc. will post 0.26 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several research firms have commented on TTI. Weiss Ratings downgraded shares of Tetra Technologies from a "hold (c)" rating to a "hold (c-)" rating in a research note on Tuesday, August 4th. Northland Securities set a $10.00 price objective on shares of Tetra Technologies in a research note on Tuesday. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $11.50.
View Our Latest Research Report on TTI
Institutional Investors Weigh In On Tetra Technologies
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. KBC Group NV bought a new position in Tetra Technologies during the 1st quarter worth approximately $27,000. Allworth Financial LP purchased a new position in Tetra Technologies in the 2nd quarter worth approximately $27,000. Aster Capital Management DIFC Ltd bought a new stake in Tetra Technologies in the fourth quarter valued at approximately $33,000. Osaic Holdings Inc. lifted its position in Tetra Technologies by 647.1% in the second quarter. Osaic Holdings Inc. now owns 12,700 shares of the oil and gas company's stock valued at $43,000 after purchasing an additional 11,000 shares during the last quarter. Finally, Rockefeller Capital Management L.P. purchased a new stake in shares of Tetra Technologies during the fourth quarter valued at approximately $45,000. Institutional investors own 70.19% of the company's stock.
Tetra Technologies News Roundup
Here are the key news stories impacting Tetra Technologies this week:
- Positive Sentiment: Director Angela D. John purchased 10,000 TTI shares for approximately $65,000 at an average price of $6.50, increasing her direct ownership by 11.44% to 97,434 shares. The insider buying may support investor confidence by suggesting that a company director views the recent share-price weakness as an attractive entry point. SEC insider transaction filing
- Positive Sentiment: TETRA announced that CEO Brady Murphy and Treasurer and Vice President of Investor Relations Kurt Hallead will meet institutional investors at the Barclays Energy-Power Conference on September 9 and the Jefferies Renewables, Clean Energy and E&C Conference on September 10. These events could provide opportunities for management to reinforce its outlook and highlight growth initiatives. TETRA Technologies investor conference announcement
- Neutral Sentiment: An analyst roundup reviewed Tetra Technologies alongside other industrial-goods companies, but the available report details do not indicate a specific new rating, price-target change, or material company announcement for TTI. Analysts offer insights on Tetra Technologies
- Negative Sentiment: Northland Securities reduced its Tetra Technologies EPS forecasts for FY2026 to $0.23 from $0.24 and cut estimates for the first three quarters of 2027: Q1 to $0.04 from $0.06, Q2 to $0.09 from $0.11, and Q3 to $0.05 from $0.08. The revisions point to softer anticipated profitability and remain below the current full-year consensus estimate of $0.26 per share, creating pressure on the stock’s earnings outlook. Tetra Technologies analyst estimates
Tetra Technologies Company Profile
(
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.
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