Tetra Technologies, Inc (NYSE:TTI) Currently -95.42% Below Its 52-Week High, But There May Be A Surprise Downside

In last trading session, Tetra Technologies, Inc (NYSE:TTI) saw 3.35 million shares changing hands with its beta currently measuring 1.39. Company’s recent per share price level of $2.62 trading at $0.15 or 6.07% at ring of the bell on the day assigns it a market valuation of $346.87M. That closing price of TTI’s stock is at a discount of -95.42% from its 52-week high price of $5.12 and is indicating a premium of 22.52% from its 52-week low price of $2.03. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.69 million shares which gives us an average trading volume of 1.14 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 0.08 in the current quarter.

Tetra Technologies, Inc (NYSE:TTI) trade information

Upright in the green during last session for gaining 6.07%, in the last five days TTI remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $2.62 price level, adding 1.87% to its value on the day. Tetra Technologies, Inc’s shares saw a change of -26.82% in year-to-date performance and have moved 9.17% in past 5-day. Tetra Technologies, Inc (NYSE:TTI) showed a performance of -26.40% in past 30-days. Number of shares sold short was 3.64 million shares which calculate 4.04 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 6.5 to the stock, which implies a rise of 59.69% to its current value. Analysts have been projecting 6.5 as a low price target for the stock while placing it at a high target of 6.5. It follows that stock’s current price would drop -148.09% in reaching the projected high whereas dropping to the targeted low would mean a loss of -148.09% for stock’s current value.

Tetra Technologies, Inc (TTI) estimates and forecasts

This year revenue growth is estimated to rise 5.47% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 160.52M for the same. And 3 analysts are in estimates of company making revenue of 179.42M in the next quarter. Company posted 150.97M and 171.94M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around 64.71% while estimates for its earnings growth in next 5 years are of 69.65%.

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

Insiders are in possession of 5.38% of company’s total shares while institution are holding 70.97 percent of that, with stock having share float percentage of 75.01%. Investors also watch the number of corporate investors in a company very closely, which is 70.97% 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 7.8387 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 6.229 of outstanding shares, having a total worth of $28.29 million.

On the other hand, UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 6.24 shares of worth $16.35 million or 4.71% of the total outstanding shares. The later fund manager was in possession of 3.72 shares on Dec 31, 2024 , making its stake of worth around $9.75 million in the company or a holder of 2.81% of company’s stock.