Which Analysts Are Watching Tetra Technologies, Inc. (NYSE:TTI)?

Marco Green
August 13, 2017

BlackRock Inc. now owns 8,135,829 shares of the industrial products company's stock valued at $332,349,000 after buying an additional 8,068,959 shares during the period. The industrial products company reported $0.53 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.54 by $0.01. It has a market cap of $2.76 Billion. The stock traded as low as $40.40 and last traded at $42.45, with a volume of 1,100,514 shares traded.

Shares of Tetra Technologies (TTI) traded down 2.93% on Friday, hitting $1.99. 958,391 shares of the stock traded hands. During the same period in the prior year, the business earned ($0.15) earnings per share. The stock decreased 1.00% or $0.32 during the last trading session, reaching $31.76. It has underperformed by 8.92% the S&P500. Zacks Investment Research cut Tetra Tech from a "buy" rating to a "hold" rating in a report on Monday, July 10th. Therefore 58% are positive. The firm has "Buy" rating by Wunderlich given on Monday, November 9. (NYSE:TTI) earned "Neutral" rating by Credit Suisse on Tuesday, November 8.

11/10/2015 - Tetra Technologies, Inc. was upgraded to "overweight" by analysts at JP Morgan. Company insiders own 3.80% of the company's stock. The firm has "Buy" rating given on Thursday, August 3 by Canaccord Genuity. (TTEK) opened at 41.80 on Friday. The legal version of this news story can be viewed at https://weekherald.com/2017/08/11/legal-general-group-plc-acquires-3513-shares-of-tetra-technologies-inc-nysetti-updated.html. Stifel Nicolaus maintained the shares of TTEK in report on Sunday, August 6 with "Hold" rating. The rating was maintained by Oppenheimer on Thursday, August 3 with "Hold". The firm had revenue of $498.47 million during the quarter, compared to analysts' expectations of $535.18 million.

Investors sentiment is 1.04 in Q4 2016. Its the same as in 2016Q3. State Of Wisconsin Inv Board has invested 0.03% in Tetra Tech, Inc. (NASDAQ:TTEK). Commercial Bank Of America Corp De accumulated 0% or 164,309 shares. Investors of record on Thursday, August 17th will be given a $0.10 dividend. Citigroup invested in 170,074 shares. (NASDAQ:TTEK) on Monday, May 8. "(TTEK)" was posted by Stock Observer and is the property of of Stock Observer. Guggenheim Ltd Liability Corporation holds 0% or 18,813 shares in its portfolio. (NASDAQ:TTEK). Putnam Invs Limited Liability has invested 0.01% of its portfolio in Tetra Tech, Inc. (NASDAQ:TTEK) for 5,658 shares.

Tetra Tech, Inc.is a provider of consulting, engineering, program management, construction management, and technical services.

Icon Advisers owns 730,000 shares or 0.25% of their United States portfolio. Jefferies Gru Limited Liability Com reported 0% of its portfolio in TETRA Technologies, Inc. (NASDAQ:TTEK) for 78,532 shares. Municipal Employees Retirement System of Michigan's holdings in Tetra Tech were worth $983,000 as of its most recent SEC filing.

Tetra Technologies (NYSE:TTI) last issued its quarterly earnings results on Wednesday, August 9th. CHRISTENSEN CRAIG L also sold $779,651 worth of Tetra Tech, Inc.

Since April 10, 2017, it had 0 insider buys, and 12 sales for $18.29 million activity. (NASDAQ:TTEK) was sold by MCDONALD KEVIN P. On Thursday, February 23 Benioff Marc sold $822,492 worth of salesforce.com, inc. LEMMON RICHARD A had sold 16,750 shares worth $775,605 on Tuesday, May 9. Tetra Technologies, Inc. has a 52-week low of 2.01 and a 52-week high of 6.77.

In other Tetra Tech news, CFO Steven M. Burdick sold 16,750 shares of the stock in a transaction on Tuesday, May 23rd.

Winslow Asset Management Inc, which manages about $695.38 million and $476.57M US Long portfolio, upped its stake in Dell Technologies Inc Com Cl V by 66,067 shares to 90,466 shares, valued at $4.97 million in 2016Q4, according to the filing. RidgeWorth Capital Management LLC increased its position in shares of Tetra Tech by 32.5% in the first quarter. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock.

10/18/2016 - Wells Fargo began new coverage on Tetra Technologies, Inc. giving the company a "outperform" rating. (NYSE:CRM) or 10,000 shares. The rating was maintained by Barclays Capital with "Sell" on Friday, April 28. RBC Capital Markets downgraded TETRA Technologies, Inc. (NYSE:CRM) has risen 7.78% since August 11, 2016 and is uptrending. The company was initiated on Tuesday, April 19 by Sidoti. They now have a Dollars 6 price target on the stock. As per Wednesday, August 9, the company rating was maintained by Canaccord Genuity.

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