Northland Securities Predicts TTI FY2026 Earnings

Key Points

• Northland Securities raised its FY2026 EPS forecast for Tetra Technologies to $0.25 from $0.21, above the $0.23 analyst consensus.
• Tetra Technologies beat quarterly expectations, reporting EPS of $0.06 versus $0.05 expected and revenue of $167.95 million versus $156.84 million expected.
• Analysts collectively rate TTI a Buy, with a consensus price target of $11.17; the shares opened at $5.85.

Tetra Technologies, Inc. (NYSE:TTI - Free Report) - Research analysts at Northland Securities upped their FY2026 earnings estimates for Tetra Technologies in a report issued on Wednesday, November 4th. Northland Securities analyst B. Brooks now expects that the oil and gas company will post earnings of $0.25 per share for the year, up from their previous 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 several other research reports. Weiss Ratings reissued a "hold (c-)" rating on shares of Tetra Technologies in a report on Monday. Stifel Nicolaus cut their target price on shares of Tetra Technologies from $13.00 to $12.00 and set a "buy" rating for the company 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 report on Tuesday, October 6th. One 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 company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $11.17.

Tetra Technologies Stock Performance

Shares of NYSE:TTI opened at $5.85 on Friday. The company has a quick ratio of 1.76, a current ratio of 2.43 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $867.87 million, a price-to-earnings ratio of 28.09 and a beta of 1.29. Tetra Technologies has a 52 week low of $4.87 and a 52 week high of $12.54. The firm has a 50 day moving average of $6.08 and a 200 day moving average of $8.64.

Tetra Technologies (NYSE:TTI - Get Free Report) last posted its quarterly earnings data on Monday, November 2nd. The oil and gas company reported $0.06 earnings per share (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 company had revenue of $167.95 million during the quarter, compared to analysts' expectations of $156.84 million.

Insider Buying and Selling at Tetra Technologies

In other Tetra Technologies news, Director Angela John purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The shares were purchased at an average cost of $6.50 per share, for a total transaction of $65,000.00. Following the completion of the transaction, the director owned 97,434 shares of the company's stock, valued at $633,321. The trade was a 11.44% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 6.27% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired 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 stake in Tetra Technologies during the second quarter worth about $20,103,000. Rice Hall James & Associates LLC purchased a new stake in Tetra Technologies during the 2nd quarter worth approximately $12,099,000. Heartland Advisors Inc. acquired a new stake in shares of Tetra Technologies in the second quarter valued at $11,331,000. Finally, Wellington Management Group LLP boosted its holdings 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 valued at $26,552,000 after purchasing an additional 880,413 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 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.

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