Alert: Negative Fundamental Signals (4/4/24)-TETRA Technologies Inc. (NYSE: TTI)

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Extremely significant negative changes in TETRA Technologies Inc. (NYSE: TTI) fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, TTI is expected to continue to be a major Value Builder.

TETRA Technologies has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. TETRA Technologies has a slightly positive Appreciation Score of 66 but a poor Power Rating of 22, with the Low Neutral Value Trend Rating the result.

Recent Price Action

TETRA Technologies Inc. (NYSE: TTI) stock closed at $4.68 on 4/4/24 after a decline of -2.5%. NORMAL trading volume accompanied the decline. The stock has risen 7.6% during the last week but has been weak relative to the market over the last nine months.

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