Alert: Negative Fundamental Signals (8/5/24)-TETRA Technologies Inc. (NYSE: TTI)

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TETRA Technologies Inc. (NYSE: TTI). Extremely significant negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, 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 D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

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

TETRA Technologies has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very 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 very low Power Rating of 5, and the Negative Value Trend Rating results.

Recent Price Action

TETRA Technologies Inc. (NYSE: TTI) stock closed at $3.15 on 8/5/24 after a large decline of -5.1%. NORMAL trading volume accompanied the decline. The stock has declined -16.0% during the last week and has been extremely weak relative to the market over the last nine months.

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