Tetra Technologies, Inc [NYSE: TTI] surged by $0.09 during the normal trading session on Wednesday and reaching a high of $4.54 during the day while it closed the day at $3.91.
Tetra Technologies, Inc stock has also gained 5.96% of its value over the past 7 days. However, TTI stock has inclined by 41.67% in the 3 months of the year. Over the past six months meanwhile, it has lost -7.78% and gained 4.27% year-on date.
The market cap for TTI stock reached $520.32 million, with 133.28 million shares outstanding and 125.36 million shares in the current float. Compared to the average trading volume of 1.64M shares, TTI reached a trading volume of 5893370 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Tetra Technologies, Inc [TTI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TTI shares is $5.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TTI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Benchmark Company have made an estimate for Tetra Technologies, Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 28, 2023. The new note on the price target was released on June 24, 2022, representing the official price target for Tetra Technologies, Inc stock. Previously, the target price had yet another raise to $3, while Stifel analysts kept a Buy rating on TTI stock.
The Price to Book ratio for the last quarter was 1.79, with the Price to Cash per share for the same quarter was set at 0.52. Price to Free Cash Flow for TTI in the course of the last twelve months was 47.87 with Quick ratio for the last quarter at 1.61.
TTI stock trade performance evaluation
Tetra Technologies, Inc [TTI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.96. With this latest performance, TTI shares gained by 16.37% in over the last four-week period, additionally sinking by -7.78% over the last 6 months – not to mention a rise of 9.22% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TTI stock in for the last two-week period is set at 66.44, with the RSI for the last a single of trading hit 0.23, and the three-weeks RSI is set at 0.21 for Tetra Technologies, Inc [TTI]. The present Moving Average for the last 50 days of trading for this stock 3.31, while it was recorded at 3.79 for the last single week of trading, and 3.49 for the last 200 days.
Tetra Technologies, Inc [TTI]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Tetra Technologies, Inc [TTI] shares currently have an operating margin of 10.67% and a Gross Margin at 25.92%. Tetra Technologies, Inc’s Net Margin is presently recorded at 18.95%.
Tetra Technologies, Inc (TTI) Capital Structure & Debt Analysis
According to recent financial data for Tetra Technologies, Inc. ( TTI), the Return on Equity (ROE) stands at 54.03%, highlighting impressive shareholder gains. The Return on Assets (ROA) is 21.03%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Tetra Technologies, Inc’s Return on Invested Capital (ROIC) is 23.15%, showcasing its effectiveness in deploying capital for earnings.
Tetra Technologies, Inc (TTI) Efficiency & Liquidity Metrics
Based on Tetra Technologies, Inc’s (TTI) latest financial statements, the Debt-to-Equity Ratio is 0.75%, indicating its reliance on debt financing relative to shareholder equity.
Tetra Technologies, Inc (TTI) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Tetra Technologies, Inc. (TTI) effectively leverages its workforce, generating an average of $82200.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.47% and a Quick Ratio of 1.61%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for Tetra Technologies, Inc [TTI] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TTI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tetra Technologies, Inc go to 59.51%.
Tetra Technologies, Inc [TTI]: Institutional Ownership
There are presently around $74.00%, or 78.75% of TTI stock, in the hands of institutional investors. The top three institutional holders of TTI stocks are: BLACKROCK INC. with ownership of 10.29 million shares, which is approximately 7.8387%. VANGUARD GROUP INC, holding 8.18 million shares of the stock with an approximate value of $$28.29 million in TTI stocks shares; and VANGUARD GROUP INC, currently with $$27.05 million in TTI stock with ownership which is approximately 5.9566%.
