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Tetra Technologies (NYSE:TTI) was downgraded by equities research analysts at Howard Weil from an “outperform” rating to a “sector perform” rating in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports. They currently have a $14.00 price target on the stock. Howard Weil’s price objective points to a potential upside of 23.78% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Credit Suisse initiated coverage on shares of Tetra Technologies in a research note to investors on Thursday, December 12th. They set a “neutral” rating and a $15.00 price target on the stock. Separately, analysts at Cowen and Company initiated coverage on shares of Tetra Technologies in a research note to investors on Monday, December 2nd. They set a “market perform” rating and a $14.00 price target on the stock. Finally, analysts at DA Davidson initiated coverage on shares of Tetra Technologies in a research note to investors on Friday, November 15th. They set a “neutral” rating and a $14.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $14.25.

Shares of Tetra Technologies (NYSE:TTI) opened at 11.31 on Thursday. Tetra Technologies has a 52-week low of $7.90 and a 52-week high of $13.41. The stock has a 50-day moving average of $12.13 and a 200-day moving average of $11.87. The company has a market cap of $891.7 million and a price-to-earnings ratio of 143.16.

Tetra Technologies (NYSE:TTI) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.10. The company had revenue of $254.30 million for the quarter, compared to the consensus estimate of $247.86 million. During the same quarter last year, the company posted $0.20 earnings per share. Tetra Technologies’s revenue was up 8.7% compared to the same quarter last year. On average, analysts predict that Tetra Technologies will post $0.70 earnings per share for the current fiscal year.

TETRA Technologies, Inc is oil and gas services company, focused on completion fluids and other products, production testing, wellhead compression, and selected offshore services including well plugging and abandonment, decommissioning, and diving.

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