News headlines about Tetra Technologies (NYSE:TTI) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news 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 0.14 on Accern’s scale. Accern also gave news headlines about the oil and gas company an impact score of 45.784480215116 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
- Piper Jaffray Companies Reiterates $4.00 Price Target for Tetra Technologies, Inc. (TTI) (americanbankingnews.com)
- Bromine Market to Record Sturdy Growth by 2024 (mynewsdesk.com)
- Capital One Financial Corporation Brokers Decrease Earnings Estimates for Tetra Technologies, Inc. (TTI) (americanbankingnews.com)
- Bank of New York Mellon : Sells 53,278 Shares of Actua Corporation (ACTA) (4-traders.com)
- Tetra Technologies, Inc. (TTI) Given a $3.00 Price Target at Royal Bank Of Canada (americanbankingnews.com)
TTI has been the subject of a number of research reports. Royal Bank Of Canada set a $5.00 target price on shares of Tetra Technologies and gave the stock a “hold” rating in a research note on Friday, June 16th. Morgan Stanley cut their target price on shares of Tetra Technologies from $5.50 to $4.00 and set an “equal weight” rating for the company in a research note on Wednesday, June 21st. Zacks Investment Research cut shares of Tetra Technologies from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. BidaskClub lowered shares of Tetra Technologies from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th. Finally, Scotiabank set a $4.00 price target on shares of Tetra Technologies and gave the stock a “buy” rating in a research report on Tuesday, August 22nd. Two analysts have rated the stock with a sell rating, five have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Tetra Technologies presently has an average rating of “Buy” and an average price target of $5.17.
Tetra Technologies (NYSE:TTI) last posted its earnings results on Wednesday, August 9th. The oil and gas company reported ($0.04) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.03). Tetra Technologies had a negative net margin of 8.27% and a negative return on equity of 9.56%. The business had revenue of $208.37 million for the quarter, compared to analysts’ expectations of $204.19 million. During the same quarter last year, the business posted ($0.15) earnings per share. The business’s revenue was up 18.6% compared to the same quarter last 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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