TETRA Technologies Price Target Increased to $15.00 by Analysts at Howard Weil (TTI)
Investment analysts at Howard Weil increased their price objective on shares of TETRA Technologies (NYSE:TTI) from $14.00 to $15.00 in a note issued to investors on Friday. The firm currently has a “sector perform” rating on the stock. Howard Weil’s price target would suggest a potential upside of 29.20% from the company’s current price.
TTI has been the subject of a number of other recent research reports. Analysts at Cowen and Company upgraded shares of TETRA Technologies from a “market perform” rating to an “outperform” rating in a research note on Wednesday. They now have a $16.00 price target on the stock, up previously from $14.00. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of TETRA Technologies in a research note on Monday, August 11th. They now have a $13.00 price target on the stock, down previously from $14.00. Finally, analysts at Simmons initiated coverage on shares of TETRA Technologies in a research note on Tuesday, July 1st. They set an “overweight” rating and a $14.00 price target on the stock. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $14.38.
Shares of TETRA Technologies (NYSE:TTI) opened at 11.61 on Friday. TETRA Technologies has a 52 week low of $9.25 and a 52 week high of $13.43. The stock has a 50-day moving average of $11.29 and a 200-day moving average of $11.79. The company’s market cap is $923.6 million.
TETRA Technologies (NYSE:TTI) last posted its quarterly earnings results on Friday, August 8th. The company reported $0.06 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.13. The company had revenue of $242.50 million for the quarter, compared to the consensus estimate of $249.40 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. The company’s quarterly revenue was up 9.7% on a year-over-year basis. Analysts expect that TETRA Technologies will post $0.51 EPS 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.
Receive News & Ratings for TETRA Technologies Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TETRA Technologies Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.