TETRA Technologies, Inc. (NYSE:TTI) reported its last quarter results on 11/07/2016. This Company belongs to Oils-Energy sector.
In the last trading session, The Company traded 1.75 Million shares. The Stock Market opened sessions at 4.92 and closed at 5.01. There was a stock increase by 2.87 percent.
According to Yahoo Finance, the price target for the company which analysts are aiming is 9. The 1-year price target of the company is 6.85.
Investors expected a price target of 0.01 for this quarter. Zacks Investment Research gave TETRA Technologies, Inc. (NYSE:TTI) a rating of 1.45 on a scale of 1 to 5. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell.
Considering the performance, TETRA Technologies, Inc. (NYSE:TTI)’s shares have the potential to reach a high EPS of -0.05 per share, and a low EPS of -0.15 per share in the current quarter. All of these Earnings estimates are a consensus recommendation of 15 Analysts. According to them, the median (average) EPS the company could deliver is -0.1/share. While the actual EPS the company reported in the same quarter previous year was 0.01/share.
For the quarter ending 08/08/2016, The Analyst projected that the company could deliver EPS of -0.18 while the company provided its Actual EPS of -0.15 showing a difference of 0.03 Percent between the Estimated and Actual EPS. Hence, the surprise factor was 16.7 percent.
Analysts estimated $-0.05/share for the previous Quarter, where TETRA Technologies, Inc. (NYSE:TTI) reported Actual EPS of $-0.05/share with the difference of 0 percent and a surprise of 0 percent.
The 14 analysts offering 12-month price forecasts for Tetra Technologies Inc have a median target of 7.00, with a high estimate of 9.00 and a low estimate of 5.00. The median estimate represents a +39.72% increase from the last price of 5.01.
For the current quarter, the highest estimate analysts provided is 183 Million and the lowest is 155.05 Million. These 13 Analysts are also projecting the mean revenue estimate of 172.24 Million. The year ago sales the company reported in the same quarter is 257.59 Million.
While Looking at Sales Growth (Year/est), the company is currently showing a percentage value of -265.6 percent.
TETRA Technologies, Inc. (NYSE:TTI) topped its 52-week high price target of 7.75 on Apr 27, 2016. The company reached a 52-week low at 4.36 on Dec 9, 2016.
The company’s stock currently has 575.15 Million in market capitalization. The volatility rate is 3.88% percent and 4.52% percent each. Price per earning (ttm) stands at 0.
This year, the company showed a disappointed -265.6 percent of growth. The next year’s growth is calculated to be 66 percent. The company projects a long term annual growth estimate of -47.92 percent.
The company’s growth for the past 5 years has been at -20.72 percent. The Insider Ownership of the company currently is 0.9 percent, and Institutional Ownership is 73.6 percent.
TETRA Technologies, Inc. is an energy services company with an integrated chemicals operation that supplies chemical products to energy markets, as well as other markets. TETRA is comprised of three divisions – Fluids, Well Abandonment/Decommissioning and Testing & Services.