Is Tetra Technologies Stock a Good Investment?
Tetra Technologies Investment Advice | TTI |
- Examine Tetra Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Tetra Technologies' leadership team and their track record. Good management can help Tetra Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Equipment & Services space and any emerging trends that could impact Tetra Technologies' business and its evolving consumer preferences.
- Compare Tetra Technologies' performance and market position to its competitors. Analyze how Tetra Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Tetra Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Tetra Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Tetra Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Tetra Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Tetra Technologies Stock
Researching Tetra Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 71.0% of the company shares are owned by institutional investors. The book value of Tetra Technologies was at this time reported as 1.19. The company has Price/Earnings To Growth (PEG) ratio of 0.2. Tetra Technologies had not issued any dividends in recent years. The entity had 2:1 split on the 23rd of May 2006.
To determine if Tetra Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Tetra Technologies' research are outlined below:
| Tetra Technologies had very high historical volatility over the last 90 days | |
| Tetra Technologies is unlikely to experience financial distress in the next 2 years | |
| Tetra Technologies has a strong financial position based on the latest SEC filings | |
| About 71.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: TETRA Technologies, Inc.s 34 percent Jump Shows Its Popularity With Investors |
Tetra Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Tetra Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Tetra Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Tetra Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Tetra Technologies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1999-10-27 | 1999-09-30 | 0.01 | 0.0038 | -0.0062 | 62 | ||
2024-10-29 | 2024-09-30 | 0.04 | 0.03 | -0.01 | 25 | ||
2023-02-27 | 2022-12-31 | 0.03 | 0.02 | -0.01 | 33 | ||
2022-08-01 | 2022-06-30 | 0.06 | 0.05 | -0.01 | 16 | ||
2021-05-04 | 2021-03-31 | -0.03 | -0.04 | -0.01 | 33 | ||
2021-02-24 | 2020-12-31 | -0.04 | -0.03 | 0.01 | 25 | ||
2020-11-03 | 2020-09-30 | -0.1 | -0.09 | 0.01 | 10 | ||
2020-08-04 | 2020-06-30 | -0.08 | -0.09 | -0.01 | 12 |
Know Tetra Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Tetra Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tetra Technologies backward and forwards among themselves. Tetra Technologies' institutional investor refers to the entity that pools money to purchase Tetra Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Stanley-laman Group Ltd | 2024-09-30 | 1.4 M | American Century Companies Inc | 2024-09-30 | 1.3 M | Hite Hedge Asset Management Mlp | 2024-09-30 | 1.3 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.3 M | Marathon Capital Management Llc | 2024-09-30 | 1.2 M | Maven Securities Ltd | 2024-06-30 | 1.2 M | Northern Trust Corp | 2024-09-30 | 1.1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 994.2 K | Foundry Partners, Llc | 2024-09-30 | 989.7 K | Blackrock Inc | 2024-06-30 | 10.3 M | Vanguard Group Inc | 2024-09-30 | 9 M |
Tetra Technologies' market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 521.97 M.Market Cap |
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Tetra Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.06 | |
| Return On Capital Employed | 0.22 | 0.24 | |
| Return On Assets | 0.05 | 0.06 | |
| Return On Equity | 0.17 | 0.18 |
Determining Tetra Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Tetra Technologies is a good buy. For example, gross profit margin measures Tetra Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Tetra Technologies' profitability and make more informed investment decisions.
Evaluate Tetra Technologies' management efficiency
Tetra Technologies has Return on Asset of 0.0587 % which means that on every $100 spent on assets, it made $0.0587 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0482 %, implying that it generated $0.0482 on every 100 dollars invested. Tetra Technologies' management efficiency ratios could be used to measure how well Tetra Technologies manages its routine affairs as well as how well it operates its assets and liabilities. The Tetra Technologies' current Return On Tangible Assets is estimated to increase to 0.06. The Tetra Technologies' current Return On Capital Employed is estimated to increase to 0.24. As of now, Tetra Technologies' Intangible Assets are increasing as compared to previous years. The Tetra Technologies' current Net Tangible Assets is estimated to increase to about 118 M, while Non Current Assets Total are projected to decrease to under 187.1 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.14 | 1.08 | |
| Tangible Book Value Per Share | 0.91 | 0.87 | |
| Enterprise Value Over EBITDA | 8.26 | 9.32 | |
| Price Book Value Ratio | 3.94 | 4.53 | |
| Enterprise Value Multiple | 8.26 | 9.32 | |
| Price Fair Value | 3.94 | 4.53 | |
| Enterprise Value | 981.4 M | 1 B |
Understanding the operational decisions made by Tetra Technologies management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 2.056 |
Basic technical analysis of Tetra Stock
As of the 26th of November, Tetra Technologies has the Coefficient Of Variation of 1103.87, semi deviation of 3.2, and Risk Adjusted Performance of 0.0775. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tetra Technologies, as well as the relationship between them.Tetra Technologies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tetra Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tetra Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tetra Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Tetra Technologies' Outstanding Corporate Bonds
Tetra Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tetra Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tetra bonds can be classified according to their maturity, which is the date when Tetra Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| TEVA 5125 09 MAY 29 Corp BondUS88167AAQ40 | View | |
| TEVA 475 09 MAY 27 Corp BondUS88167AAP66 | View | |
| US88167AAN19 Corp BondUS88167AAN19 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| TEVA 8125 15 SEP 31 Corp BondUS88167AAR23 | View | |
| TEXACO CAP INC Corp BondUS881685BB68 | View | |
| US881685AX97 Corp BondUS881685AX97 | View |
Understand Tetra Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Tetra Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0775 | |||
| Market Risk Adjusted Performance | 0.2509 | |||
| Mean Deviation | 3.08 | |||
| Semi Deviation | 3.2 | |||
| Downside Deviation | 3.51 | |||
| Coefficient Of Variation | 1103.87 | |||
| Standard Deviation | 4.43 | |||
| Variance | 19.62 | |||
| Information Ratio | 0.0616 | |||
| Jensen Alpha | 0.1986 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0776 | |||
| Treynor Ratio | 0.2409 | |||
| Maximum Drawdown | 30.17 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 6.0 | |||
| Downside Variance | 12.34 | |||
| Semi Variance | 10.22 | |||
| Expected Short fall | (3.67) | |||
| Skewness | 1.83 | |||
| Kurtosis | 8.83 |
| Risk Adjusted Performance | 0.0775 | |||
| Market Risk Adjusted Performance | 0.2509 | |||
| Mean Deviation | 3.08 | |||
| Semi Deviation | 3.2 | |||
| Downside Deviation | 3.51 | |||
| Coefficient Of Variation | 1103.87 | |||
| Standard Deviation | 4.43 | |||
| Variance | 19.62 | |||
| Information Ratio | 0.0616 | |||
| Jensen Alpha | 0.1986 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0776 | |||
| Treynor Ratio | 0.2409 | |||
| Maximum Drawdown | 30.17 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 6.0 | |||
| Downside Variance | 12.34 | |||
| Semi Variance | 10.22 | |||
| Expected Short fall | (3.67) | |||
| Skewness | 1.83 | |||
| Kurtosis | 8.83 |
Consider Tetra Technologies' intraday indicators
Tetra Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tetra Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Tetra Technologies Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 29th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 7th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 4th of October 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Tetra Stock media impact
Far too much social signal, news, headlines, and media speculation about Tetra Technologies that are available to investors today. That information is available publicly through Tetra media outlets and privately through word of mouth or via Tetra internal channels. However, regardless of the origin, that massive amount of Tetra data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Tetra Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Tetra Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Tetra Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Tetra Technologies alpha.
Tetra Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Tetra Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Tetra Technologies Corporate Directors
| Joseph Winkler | Independent Director | Profile | |
| Paul Coombs | Independent Director | Profile | |
| Thomas Bates | Independent Director | Profile | |
| John Glick | Independent Director | Profile |
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Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tetra Technologies. If investors know Tetra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tetra Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.58) | Earnings Share 0.06 | Revenue Per Share 4.721 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0587 |
The market value of Tetra Technologies is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tetra Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tetra Technologies' market value can be influenced by many factors that don't directly affect Tetra Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Tetra Technologies' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Tetra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.