News coverage about Tetra Technologies (NYSE:TTI) has trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tetra Technologies earned a daily sentiment score of 0.24 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 45.9839528262315 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
Several research analysts have recently commented on TTI shares. BidaskClub lowered shares of Tetra Technologies from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. Zacks Investment Research upgraded shares of Tetra Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, August 12th. Scotiabank set a $4.00 price target on shares of Tetra Technologies and gave the stock a “buy” rating in a research note on Tuesday, August 22nd. ValuEngine lowered shares of Tetra Technologies from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. Finally, J P Morgan Chase & Co lowered shares of Tetra Technologies from an “overweight” rating to a “neutral” rating in a research note on Tuesday, September 12th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Tetra Technologies currently has a consensus rating of “Buy” and a consensus target price of $4.73.
Tetra Technologies (TTI) opened at $3.71 on Friday. Tetra Technologies has a 12 month low of $1.85 and a 12 month high of $5.98. The company has a quick ratio of 1.38, a current ratio of 2.24 and a debt-to-equity ratio of 1.63.
Tetra Technologies (NYSE:TTI) last posted its earnings results on Thursday, November 9th. The oil and gas company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.06. Tetra Technologies had a negative net margin of 5.47% and a negative return on equity of 6.89%. The business had revenue of $216.36 million for the quarter, compared to analyst estimates of $218.65 million. During the same period last year, the business posted ($0.05) EPS. Tetra Technologies’s revenue was up 22.5% compared to the same quarter last year. equities research analysts forecast that Tetra Technologies will post -0.16 EPS for the current year.
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About Tetra Technologies
TETRA Technologies, Inc is an oil and gas services company. The Company focuses on completion fluids and associated products and services, water management, production well testing, offshore rig cooling, compression services and equipment, and offshore services, such as decommissioning and diving. It is composed of five segments organized into four divisions: Fluids, Production Testing, Compression and Offshore.
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