The company has 923.78
M in debt with debt to equity (D/E) ratio of 9.71, demonstrating that Tetra Technologies may be unable to create cash to meet all of its financial commitments.
What is the right price you would pay to acquire a share of Tetra Technologies? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with Tetra Technologies this year
Annual and quarterly reports issued by Tetra Technologies are formal
financial statements that are published yearly and quarterly and sent to Tetra stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Tetra Technologies often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
Tetra Technologies Gross Profit
Tetra Technologies Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Tetra Technologies previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Tetra Technologies Gross Profit growth over the last 10 years. Please check Tetra Technologies'
gross profit and other
fundamental indicators for more details.
Detailed Perspective On Tetra Technologies
Analysts have increased confidence in Tetra Technologies as compared to a month ago. The current consensus of 3 analysts is Buy.
Is Tetra a risky opportunity?
Let's check the volatility. Tetra is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Tetra (NYSE:TTI) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. locking in a share of a Tetra Technologies stock makes you a part-owner of that company.
Tetra Technologies Current Consensus
Here is the current trade recommendation based on an ongoing consensus estimate among financial analysis covering Tetra Technologies. The Tetra consensus assessment is calculated by taking the average estimates from all of the analysts covering Tetra Technologies
| Strong Buy | 2 | 66.67 |
| Buy | 0 | 0.0 |
| Hold | 1 | 33.33 |
| Sell | 0 | 0.0 |
| Strong Sell | 0 | 0.0 |
Tetra is expecting lower volatility in March
The treynor ratio is down to 2.79 as of today. Tetra Technologies is displaying above-average volatility over the selected time horizon. Investors should scrutinize Tetra Technologies independently to ensure intended market timing strategies are aligned with expectations about Tetra Technologies volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tetra Technologies' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tetra Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
The Bottom Line
While some other entities within the oil & gas equipment & services industry are still a little expensive, even after the recent corrections, Tetra Technologies may offer a potential longer-term growth to stockholders. All things considered, as of the 25th of February 2021, our ongoing 30 days Buy-Hold-Sell recommendation on the company is
Strong Buy. However, we believe Tetra Technologies is currently
overvalued with
below average probability of distress for the next two years.
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Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Tetra Technologies. Please refer to our
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