In last trading session, Tetra Technologies, Inc (NYSE:TTI) saw 0.81 million shares changing hands with its beta currently measuring 2.10. Company’s recent per share price level of $3.65 trading at -$0.04 or -1.08% at ring of the bell on the day assigns it a market valuation of $481.11M. That closing price of TTI’s stock is at a discount of -39.18% from its 52-week high price of $5.08 and is indicating a premium of 26.58% from its 52-week low price of $2.68. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.81 million shares which gives us an average trading volume of 1.38 million if we extend that period to 3-months.

For Tetra Technologies, Inc (TTI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.03 in the current quarter.

Tetra Technologies, Inc (NYSE:TTI) trade information

Upright in the red during last session for losing -1.08%, in the last five days TTI remained trading in the green while hitting it’s week-highest on Wednesday, 11/06/24 when the stock touched $3.65 price level, adding 6.17% to its value on the day. Tetra Technologies, Inc’s shares saw a change of -19.25% in year-to-date performance and have moved 11.28% in past 5-day. Tetra Technologies, Inc (NYSE:TTI) showed a performance of 6.10% in past 30-days. Number of shares sold short was 3.18 million shares which calculate 2.21 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 54.37% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would drop -119.18% in reaching the projected high whereas dropping to the targeted low would mean a loss of -119.18% for stock’s current value.

Tetra Technologies, Inc (TTI) estimates and forecasts

Statistics highlight that Tetra Technologies, Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -9.20% of value to its shares in past 6 months, showing an annual growth rate of -42.31% while that of industry is -11.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -2.50% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 144.32M for the same. And 4 analysts are in estimates of company making revenue of 158.6M in the next quarter. Company posted 153.13M and 150.97M of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around -32.69% while estimates for its earnings growth in next 5 years are of 29.00%.

Tetra Technologies, Inc (NYSE:TTI)’s Major holders

Insiders are in possession of 5.06% of company’s total shares while institution are holding 69.57 percent of that, with stock having share float percentage of 73.27%. Investors also watch the number of corporate investors in a company very closely, which is 69.57% institutions for Tetra Technologies, Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at TTI for having 10.29 million shares of worth $35.6 million. And as of 2024-06-30, it was holding 7.8874 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 8.18 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.2677 of outstanding shares, having a total worth of $28.29 million.