Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Tetra Technologies, Inc. (NYSE: TTI) closed the day trading at $3.95 up 4.22% from the previous closing price of $3.79. In other words, the price has increased by $4.22 from its previous closing price. On the day, 1.97 million shares were traded. TTI stock price reached its highest trading level at $3.96 during the session, while it also had its lowest trading level at $3.742.
Ratios:
For a better understanding of TTI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 83.41. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 2.44. In the meantime, Its Debt-to-Equity ratio is 1.46 whereas as Long-Term Debt/Eq ratio is at 1.40.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on September 28, 2023, initiated with a Buy rating and assigned the stock a target price of $8.
On June 24, 2022, Johnson Rice Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $7.
Stifel Upgraded its Hold to Buy on February 03, 2021, while the target price for the stock was maintained at $3.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 02 ’23 when BATES THOMAS R JR sold 12,000 shares for $4.99 per share. The transaction valued at 59,899 led to the insider holds 505,373 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TTI now has a Market Capitalization of 517999072 and an Enterprise Value of 695665216. As of this moment, Tetra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.97, and their Forward P/E ratio for the next fiscal year is 8.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 3.51. Its current Enterprise Value per Revenue stands at 1.102 whereas that against EBITDA is 8.846.
Stock Price History:
The Beta on a monthly basis for TTI is 2.11, which has changed by 0.2804054 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, TTI has reached a high of $6.77, while it has fallen to a 52-week low of $2.56. The 50-Day Moving Average of the stock is -8.54%, while the 200-Day Moving Average is calculated to be -17.95%.
Shares Statistics:
Over the past 3-months, TTI traded about 1.45M shares per day on average, while over the past 10 days, TTI traded about 1671920 shares per day. A total of 130.08M shares are outstanding, with a floating share count of 117.84M. Insiders hold about 10.14% of the company’s shares, while institutions hold 70.37% stake in the company. Shares short for TTI as of 1713139200 were 2818623 with a Short Ratio of 1.95, compared to 1710460800 on 3191421. Therefore, it implies a Short% of Shares Outstanding of 2818623 and a Short% of Float of 2.27.
Earnings Estimates
Tetra Technologies, Inc. (TTI) is presently subject to a detailed evaluation by 5.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.14 and a low estimate of $0.07, while EPS last year was $0.13. The consensus estimate for the next quarter is $0.08, with high estimates of $0.1 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.34 and $0.22 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.45, with 4.0 analysts recommending between $0.58 and $0.35.
Revenue Estimates
5 analysts predict $183M in revenue for the current quarter. It ranges from a high estimate of $193.01M to a low estimate of $175M. As of the current estimate, Tetra Technologies, Inc.’s year-ago sales were $175.46MFor the next quarter, 5 analysts are estimating revenue of $170.16M. There is a high estimate of $185M for the next quarter, whereas the lowest estimate is $160.6M.
A total of 5 analysts have provided revenue estimates for TTI’s current fiscal year. The highest revenue estimate was $675.04M, while the lowest revenue estimate was $650.3M, resulting in an average revenue estimate of $668.63M. In the same quarter a year ago, actual revenue was $626.26MBased on 4 analysts’ estimates, the company’s revenue will be $751M in the next fiscal year. The high estimate is $769.32M and the low estimate is $724M.
