In the last trading session, 1.64 million shares of the Tetra Technologies, Inc (NYSE:TTI) were traded, and its beta was 1.42. Most recently the company’s share price was $2.29, and it changed around -$0.01 or -0.43% from the last close, which brings the market valuation of the company to $303.17M. TTI currently trades at a discount to its 52-week high of $5.12, offering almost -123.58% off that amount. The share price’s 52-week low was $2.03, which indicates that the current value has risen by an impressive 11.35% since then. We note from Tetra Technologies, Inc’s average daily trading volume that its 10-day average is 1.98 million shares, with the 3-month average coming to 1.23 million.

Tetra Technologies, Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended TTI as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Tetra Technologies, Inc is expected to report earnings per share of 0.08 for the current quarter.

Tetra Technologies, Inc (NYSE:TTI) trade information

Instantly TTI has showed a red trend with a performance of -0.43% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.59 on recent trading dayincreased the stock’s daily price by 11.58%. The company’s shares are currently down -36.03% year-to-date, but still down -2.97% over the last five days. On the other hand, Tetra Technologies, Inc (NYSE:TTI) is -31.64% down in the 30-day period. We can see from the shorts that 3.64 million shares have been sold at a short interest cover period of 4.04 day(s).

The consensus price target as assigned by Wall Street analysts is $8, which translates to bulls needing to increase their stock price by 71.38% from its current value. Analyst projections state that TTI is forecast to be at a low of $8 and a high of $8.

Tetra Technologies, Inc (TTI) estimates and forecasts

The year-over-year growth rate is expected to be 7.51%, up from the previous year.

Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 160.52M in revenue for the current quarter. 3 analysts expect Tetra Technologies, Inc to make 179.42M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 150.97M and 171.94M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 6.32%. Forecasts for the next quarter put sales growth at 4.35%.

Tetra Technologies, Inc earnings are expected to increase by 80.06% in 2025, but the outlook is positive 69.65% per year for the next five years.

TTI Dividends

Tetra Technologies, Inc’s next quarterly earnings report is expected to be released on 2025-Feb-24.

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

Upon looking at major shareholders, it appears that insiders hold 5.38% of Tetra Technologies, Inc shares, and 70.63% of them are in the hands of institutional investors. The stock currently has a share float of 74.64%. Tetra Technologies, Inc stock is held by 238.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 7.8387% of the shares, which is about 10.29 million shares worth $35.6 million.

VANGUARD GROUP INC, with 6.2677% or 8.18 million shares worth $28.29 million as of 2024-06-30, holds the second largest percentage of outstanding shares.