Sentiment Change Report: Tetra Technologies Inc (NYSE:TTI)

Marco Green
November 14, 2017

(NYSE:TTI) to report $-0.05 EPS on March, 7.They anticipate $0.11 EPS change or 68.75 % from last quarter's $-0.16 EPS. The company had Year Ago Sales of 173.22 Million. Wall Street analysts covering the stock are projecting that the stock will reach $4.77 within the next 52-weeks. About 489,623 shares traded or 85.01% up from the average. It is down 31.41% since November 13, 2016 and is downtrending. Boston Partners now owns 2,837,497 shares of the company's stock valued at $18,075,000 after buying an additional 1,222,597 shares in the last quarter. The stock rose 1.29% or $0.62 reaching $49.12. About 16.74M shares traded or 42.95% up from the average.

Tetra Technologies (NYSE:TTI)'s revenue estimates for the current quarter are $210.64 Million according to 12 number of analysts, for the current quarter the company has high revenue estimates of $239 Million in contradiction of low revenue estimates of $189.29 Million.

Since May 23, 2017, it had 0 insider buys, and 1 sale for $751,542 activity.

Taking a broader look brokerage firms' analysts on the street with an expectant view have Tetra Technologies (NYSE:TTI) high price target of $7 and with a conservative view have low price target of $3. Therefore 54% are positive. TETRA Tech had 31 analyst reports since November 9, 2015 according to SRatingsIntel. The stock presently has a consensus rating of "Buy" and a consensus target price of $5.09. The company was maintained on Friday, January 29 by Oppenheimer. Average true range (ATR-14) of the company sets at 0.19, along with its weekly and monthly volatility of 10.09% and 5.58% respectively. Canaccord Genuity maintained Tetra Tech, Inc. (NASDAQ:TTEK) earned "Sector Weight" rating by KeyBanc Capital Markets on Friday, November 11. The rating was maintained by Credit Suisse on Friday, November 10 with "Outperform". The firm earned "Hold" rating on Friday, October 6 by RBC Capital Markets. The firm has "Buy" rating by TH Capital given on Wednesday, January 25. The stock has "Buy" rating by Wunderlich on Monday, November 9.

Tetra Technologies (NYSE:TTI)'s distance from 20 day simple moving average is 0.2813 along with distance from 50 day simple moving average of 2.83 whereas its distance from 200 day simple moving average is 2.76. Sold All: 24 Reduced: 36 Increased: 56 New Position: 21. 44 funds opened positions while 77 raised stakes. (NASDAQ:TTEK) or 15,793 shares. Tfs Ltd Liability invested 0.37% of its portfolio in Tetra Tech, Inc. (NASDAQ:TTEK). Capstone Asset Mgmt holds 0.02% or 15,733 shares in its portfolio. FMR LLC now owns 12,257,594 shares of the oil and gas company's stock valued at $34,199,000 after purchasing an additional 250,100 shares in the last quarter. Ghp Advsr invested in 60,180 shares. Ellington Ltd Liability Company accumulated 13,200 shares. Federated Investors Inc. PA now owns 1,933,913 shares of the oil and gas company's stock valued at $5,396,000 after purchasing an additional 339,737 shares in the last quarter. (NASDAQ:TTEK) for 12,365 shares. California Public Employees Retirement reported 194,000 shares stake. (NASDAQ:TTEK). Everence Capital Management has invested 0.05% of its portfolio in Tetra Tech, Inc. (NASDAQ:TTEK). Da Davidson & stated it has 0.01% of its portfolio in Tetra Tech, Inc. (NASDAQ:TTEK). 5,386 are owned by Parametrica Mgmt.

Phocas Financial Corp decreased Cvs Health Corp (NYSE:CVS) stake by 4,026 shares to 8,310 valued at $669,000 in 2017Q2.

Other institutional investors have also modified their holdings of the company. Advisor Group Inc. lifted its stake in shares of Tetra Tech by 194.9% in the 2nd quarter. (NASDAQ:TTEK) to report earnings on February, 7.

While looking at the Stock's Performance, TETRA Technologies, Inc. now shows a Weekly Performance of 17.14%, where Monthly Performance is 37.69%, Quarterly performance is 86.36%, 6 Months performance is 9.5% and yearly performance percentage is -30.11%. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0. Tetra Tech, Inc. has a fifty-two week low of $38.85 and a fifty-two week high of $50.15. Soaring Today" with publication date: "November 09, 2017 was also an interesting one. Fool.com's news article titled: "This Catalyst Sent Shares of TETRA Technologies, Inc".

Tetra Technologies (NYSE:TTI) last announced its quarterly earnings data on Thursday, November 9th. 411.30 million shares or 0.08% less from 411.64 million shares in 2017Q1 were reported. Texas Permanent School Fund reported 41,731 shares. Principal Fincl Group reported 747,912 shares stake. Voya Llc invested in 0.06% or 544,590 shares. ATLRF's SI was 3,500 shares in November as released by FINRA. Beta value of the stock stands at 0.77. Alliancebernstein LP reported 0.05% of its portfolio in PG&E Corporation (NYSE:PCG).

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