Northland Securities Has Negative Outlook of TTI Q2 Earnings

Tetra Technologies, Inc. (NYSE:TTIFree Report) – Analysts at Northland Securities decreased their Q2 2026 EPS estimates for Tetra Technologies in a research note issued to investors on Friday, June 12th. Northland Securities analyst B. Brooks now expects that the oil and gas company will post earnings of $0.09 per share for the quarter, down from their previous forecast of $0.10. The consensus estimate for Tetra Technologies’ current full-year earnings is $0.26 per share. Northland Securities also issued estimates for Tetra Technologies’ FY2027 earnings at $0.37 EPS.

Separately, Weiss Ratings cut Tetra Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 19th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $10.25.

Read Our Latest Research Report on Tetra Technologies

Tetra Technologies Trading Down 0.1%

Tetra Technologies stock opened at $10.39 on Monday. Tetra Technologies has a one year low of $3.17 and a one year high of $12.54. The company’s fifty day moving average price is $9.69 and its two-hundred day moving average price is $9.66. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.02 and a quick ratio of 1.20. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 207.74 and a beta of 1.22.

Tetra Technologies (NYSE:TTIGet Free Report) last released its quarterly earnings results on Wednesday, April 29th. The oil and gas company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. Tetra Technologies had a net margin of 1.15% and a return on equity of 10.50%. The business had revenue of $156.25 million for the quarter, compared to the consensus estimate of $151.20 million.

Institutional Investors Weigh In On Tetra Technologies

Hedge funds and other institutional investors have recently modified their holdings of the stock. F m Investments LLC bought a new position in Tetra Technologies during the fourth quarter valued at about $958,000. American Century Companies Inc. lifted its position in shares of Tetra Technologies by 13.8% in the 3rd quarter. American Century Companies Inc. now owns 3,416,017 shares of the oil and gas company’s stock worth $19,642,000 after acquiring an additional 414,076 shares during the period. Acuitas Investments LLC bought a new stake in shares of Tetra Technologies in the 3rd quarter worth approximately $4,233,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of Tetra Technologies during the 4th quarter worth approximately $7,386,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Tetra Technologies during the 4th quarter worth approximately $25,359,000. Institutional investors and hedge funds own 70.19% of the company’s stock.

Insider Buying and Selling

In other Tetra Technologies news, VP Kurt Hallead purchased 22,000 shares of the business’s stock in a transaction dated Tuesday, June 9th. The stock was bought at an average cost of $9.86 per share, for a total transaction of $216,920.00. Following the completion of the acquisition, the vice president directly owned 170,764 shares in the company, valued at $1,683,733.04. This represents a 14.79% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 6.27% of the stock is currently owned by corporate insiders.

Tetra Technologies Company Profile

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Tetra Technologies, Inc (NYSE: TTI) is a provider of specialized products and services to the upstream oil and gas industry. The company operates through two primary segments: Oilfield Services, which offers hydraulic fracturing and wellsite fluid systems, and Chemical Solutions, which manufactures and delivers a broad range of drilling, completion and production chemicals. Tetra’s integrated service model spans the design, blending and on-site delivery of fluids, as well as pumping equipment and related wellsite operations.

Within the Oilfield Services segment, Tetra supplies pressure pumping fleets and associated equipment to support onshore hydraulic fracturing and well placement activities.

See Also

Earnings History and Estimates for Tetra Technologies (NYSE:TTI)

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