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The price of Tetra Technologies, Inc. (NYSE: TTI) closed at $3.70 in the last session, down -13.75% from day before closing price of $4.29. In other words, the price has decreased by -$13.75 from its previous closing price. On the day, 5.62 million shares were traded. TTI stock price reached its highest trading level at $4.12 during the session, while it also had its lowest trading level at $3.665.
Ratios:
We take a closer look at TTI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.14. For the most recent quarter (mrq), Quick Ratio is recorded 1.47 and its Current Ratio is at 2.24. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.26.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 485203200 and an Enterprise Value of 662870784. As of this moment, Tetra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.71, and their Forward P/E ratio for the next fiscal year is 8.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 3.24. Its current Enterprise Value per Revenue stands at 1.05 whereas that against EBITDA is 8.429.
Stock Price History:
The Beta on a monthly basis for TTI is 2.22, which has changed by 0.32616484 over the last 52 weeks, in comparison to a change of 0.23568535 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 -14.42%, while the 200-Day Moving Average is calculated to be -23.18%.
Shares Statistics:
According to the various share statistics, TTI traded on average about 1.36M shares per day over the past 3-months and 1542380 shares per day over the past 10 days. 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 70.40% stake in the company. Shares short for TTI as of 1713139200 were 2818623 with a Short Ratio of 2.07, 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
A detailed examination of Tetra Technologies, Inc. (TTI) is currently in progress, with 5.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.14 and a low estimate of $0.08, while EPS last year was $0.13. The consensus estimate for the next quarter is $0.09, with high estimates of $0.13 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.38 and $0.21 for the fiscal current year, implying an average EPS of $0.32. EPS for the following year is $0.48, with 4.0 analysts recommending between $0.54 and $0.4.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $185.02M. It ranges from a high estimate of $193.01M to a low estimate of $176.4M. As of the current estimate, Tetra Technologies, Inc.’s year-ago sales were $175.46MFor the next quarter, 5 analysts are estimating revenue of $169.34M. There is a high estimate of $174M for the next quarter, whereas the lowest estimate is $162.7M.
A total of 5 analysts have provided revenue estimates for TTI’s current fiscal year. The highest revenue estimate was $679.6M, while the lowest revenue estimate was $669.6M, resulting in an average revenue estimate of $674.85M. In the same quarter a year ago, actual revenue was $626.26MBased on 4 analysts’ estimates, the company’s revenue will be $757.53M in the next fiscal year. The high estimate is $793.8M and the low estimate is $721M.
