Tetra Technologies, Inc. (TTI) stock is nearly perfect except the valuation

The price of Tetra Technologies, Inc. (NYSE: TTI) closed at $4.43 in the last session, down -0.67% from day before closing price of $4.46. On the day, 1134832 shares were traded.

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 11.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.13. 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:

As of this moment, Tetra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.40, and their Forward P/E ratio for the next fiscal year is 9.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 3.88.

Stock Price History:

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.

Shares Statistics:

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 70.15% stake in the company.

Earnings Estimates

The company has Vanguard Total Stock Market ETF analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $28.38, with high estimates of $2.50 and low estimates of $82.13.

Analysts are recommending an EPS of between $Energy and $Technology for the fiscal current year, implying an average EPS of $Consumer Defensive.

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