Tetra Technologies, Inc. (NYSE:TTI - Free Report) - Equities researchers at Northland Securities increased their FY2027 earnings per share estimates for shares of Tetra Technologies in a report released on Wednesday, November 4th. Northland Securities analyst B. Brooks now forecasts that the oil and gas company will earn $0.23 per share for the year, up from their prior estimate of $0.22. The consensus estimate for Tetra Technologies' current full-year earnings is $0.24 per share. Northland Securities also issued estimates for Tetra Technologies' Q4 2027 earnings at $0.05 EPS.
Tetra Technologies (NYSE:TTI - Get Free Report) last posted its quarterly earnings results on Monday, November 2nd. The oil and gas company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.01. Tetra Technologies had a return on equity of 9.31% and a net margin of 1.36%. The business had revenue of $167.95 million for the quarter, compared to analysts' expectations of $156.84 million.
A number of other research firms have also recently commented on TTI. Stifel Nicolaus lowered their price target on Tetra Technologies from $13.00 to $12.00 and set a "buy" rating on the stock in a report on Wednesday, September 23rd. Weiss Ratings restated a "hold (c-)" rating on shares of Tetra Technologies in a research note on Monday. Finally, Clear Str raised shares of Tetra Technologies from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 6th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $11.17.
Read Our Latest Report on Tetra Technologies
Tetra Technologies Stock Performance
NYSE TTI opened at $6.11 on Thursday. The company has a quick ratio of 1.76, a current ratio of 2.43 and a debt-to-equity ratio of 0.44. Tetra Technologies has a twelve month low of $4.87 and a twelve month high of $12.54. The business has a 50-day moving average price of $6.10 and a 200-day moving average price of $8.67. The firm has a market cap of $907.20 million, a price-to-earnings ratio of 101.87 and a beta of 1.29.
Insider Buying and Selling
In related news, Director Angela John acquired 10,000 shares of the company's stock in a transaction on Wednesday, September 2nd. The stock was acquired at an average price of $6.50 per share, with a total value of $65,000.00. Following the acquisition, the director directly owned 97,434 shares of the company's stock, valued at approximately $633,321. This trade represents a 11.44% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 6.27% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in TTI. BlackRock Inc. purchased a new stake in shares of Tetra Technologies during the 2nd quarter worth approximately $138,491,000. Bank of America Corp DE purchased a new position in shares of Tetra Technologies in the second quarter valued at $20,103,000. Rice Hall James & Associates LLC purchased a new position in shares of Tetra Technologies in the second quarter valued at $12,099,000. Heartland Advisors Inc. bought a new stake in Tetra Technologies in the second quarter worth $11,331,000. Finally, Wellington Management Group LLP increased its position in Tetra Technologies by 60.2% in 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 during the last quarter. Hedge funds and other institutional investors own 70.19% of the company's stock.
Tetra Technologies News Summary
Here are the key news stories impacting Tetra Technologies this week:
About Tetra Technologies
(
Get Free Report)
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.
Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Tetra Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tetra Technologies wasn't on the list.
While Tetra Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
AI spending is reshaping the market, and the opportunity extends far beyond the biggest chipmakers. Discover 10 stocks set to benefit from powerful trends in AI infrastructure, cloud computing, energy, capital returns, and consumer growth this fall.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.
Link copied to clipboard.