Tetra Story

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TTI -- USA Stock  

USD 2.44  0.08  3.17%

Despite nearly unsteady basic indicators, Tetra Technologies may actually be approaching a critical reversion point that can send shares even higher in May 2021. Will stockholders continue to hold, or should we expect a sell-off?
Published over two weeks ago
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Does Tetra Technologies (NYSE:TTI) have stable basic indicators based on the current rise?
Tetra Technologies is FAIRLY VALUED at 2.76 per share with modest projections ahead.
Tetra Technologies is dangerous given 1 month investment horizon. Tetra Technologies owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.27, which indicates the firm had 0.27% of return per unit of risk over the last month. Our standpoint towards measuring the risk of a stock is to use both market data as well as company specific technical data. We were able to interpolate and analyze data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.84% are justified by taking the suggested risk. Use Tetra Technologies Semi Deviation of 3.66, coefficient of variation of 348.92, and Risk Adjusted Performance of 0.2479 to evaluate company specific risk that cannot be diversified away.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Tetra Technologies income statement, its balance sheet, and the statement of cash flows. Potential Tetra Technologies investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Tetra Technologies investors may use each financial statement separately, they are all related. The changes in Tetra Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tetra Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Tetra Technologies fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Tetra Technologies performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Tetra Technologies shares is the value that is considered the true value of the share. If the intrinsic value of Tetra is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Tetra Technologies.
Please read more on our fundamental analysis page.

What is Tetra Asset Breakdown?

Tetra Technologies reports assets on its Balance Sheet. It represents the amount of Tetra resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Tetra volatility, please check the breakdown of all its fundamentals

Are Tetra Technologies Earnings Expected to grow?

The future earnings power of Tetra Technologies involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Tetra Technologies factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Tetra Technologies stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Tetra expected earnings.

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 Gross Profit in more details.

Acquisition by Timothy Moeller of 103579 shares of Tetra Technologies subject to Rule 16b-3

Legal trades by Tetra Technologies insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Tetra insider trading alert for grant of restricted stock unit by Timothy Moeller, SVP - Supply Chain & Chemicals, on 12th of April 2021. This event was filed by Tetra Technologies Inc with SEC on 2021-02-19. Statement of changes in beneficial ownership - SEC Form 4. Timothy Moeller currently serves as vice president chief procurement officer of Tetra Technologies [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Detailed Perspective On Tetra Technologies

Tetra Technologies reported the last year's revenue of 377.72 M. Total Income to common stockholders was 20.95 M with profit before taxes, overhead, and interest of 106.19 M.
 2014 2015 2020 2021 (projected)
Interest Expense32 M50.51 M45.46 M49.05 M
Gross Profit95.04 M189.24 M170.31 M141.86 M

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Tetra Technologies has an asset utilization ratio of 122.31 percent. This implies that the company is making $1.22 for each dollar of assets. An increasing asset utilization means that Tetra Technologies is more efficient with each dollar of assets it utilizes for everyday operations.

Current Assets
Assets Non Current
913.5 M
Current Assets1.01 Billion48.53
Assets Non Current913.49 Million44.1
Goodwill152.61 Million7.37
Tax Assets23,092.110.001115

Our take on Tetra Technologies to turn the corner

The coefficient of variation is down to 348.92 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.

Our Final Take On Tetra Technologies

While some other firms in the oil & gas equipment & services industry are either recovering or due for a correction, Tetra may not be as strong as the others in terms of longer-term growth potentials. Taking everything into account, as of the 3rd of April 2021, our final 30 days buy-or-sell advice on the company is Hold. We believe Tetra Technologies is fairly valued with below average probability of bankruptcy for the next two years.

About Contributor

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 Vlad Skutelnik do not own shares of Tetra Technologies. Please refer to our Terms of Use for any information regarding our disclosure principles.

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