TETRA Technologies (TTI) to Release Earnings on Tuesday

TETRA Technologies (NYSE:TTI) will likely be posting its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect TETRA Technologies to post earnings of $0.03 per share and revenue of $138.96 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

TETRA Technologies Stock Down 1.0 %

Shares of TETRA Technologies stock opened at $4.44 on Tuesday. The company has a quick ratio of 1.51, a current ratio of 2.33 and a debt-to-equity ratio of 1.16. The business has a 50-day moving average price of $4.07 and a 200 day moving average price of $3.59. TETRA Technologies has a fifty-two week low of $2.68 and a fifty-two week high of $5.12. The firm has a market cap of $584.58 million, a P/E ratio of 221.86 and a beta of 2.04.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TTI shares. EF Hutton Acquisition Co. I upgraded TETRA Technologies to a “strong-buy” rating in a research note on Monday, October 21st. D. Boral Capital reaffirmed a “buy” rating and issued a $5.50 price target on shares of TETRA Technologies in a report on Wednesday, January 8th. Finally, StockNews.com raised shares of TETRA Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $6.50.

TETRA Technologies Company Profile

TETRA Technologies, Inc, together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.