Tetra Technologies (NYSE: TTI) is one of 47 public companies in the “Oil Related Services and Equipment” industry, but how does it compare to its rivals? We will compare Tetra Technologies to similar companies based on the strength of its institutional ownership, earnings, analyst recommendations, dividends, risk, profitability and valuation.
Risk & Volatility
Tetra Technologies has a beta of 0.98, meaning that its stock price is 2% less volatile than the S&P 500. Comparatively, Tetra Technologies’ rivals have a beta of 1.59, meaning that their average stock price is 59% more volatile than the S&P 500.
90.6% of Tetra Technologies shares are owned by institutional investors. Comparatively, 67.5% of shares of all “Oil Related Services and Equipment” companies are owned by institutional investors. 3.6% of Tetra Technologies shares are owned by company insiders. Comparatively, 13.0% of shares of all “Oil Related Services and Equipment” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Earnings and Valuation
This table compares Tetra Technologies and its rivals gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Tetra Technologies||$694.76 million||-$161.46 million||-9.64|
|Tetra Technologies Competitors||$1.90 billion||-$327.68 million||-883.11|
Tetra Technologies’ rivals have higher revenue, but lower earnings than Tetra Technologies. Tetra Technologies is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
This is a summary of current recommendations and price targets for Tetra Technologies and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Tetra Technologies Competitors||418||2097||2930||117||2.49|
Tetra Technologies presently has a consensus target price of $4.78, indicating a potential upside of 17.97%. As a group, “Oil Related Services and Equipment” companies have a potential upside of 23.84%. Given Tetra Technologies’ rivals higher probable upside, analysts plainly believe Tetra Technologies has less favorable growth aspects than its rivals.
This table compares Tetra Technologies and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Tetra Technologies Competitors||-12.18%||-5.60%||-3.58%|
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. The Fluids division manufactures and markets clear brine fluids, additives and associated products and services to the oil and gas industry. Its Production Testing division provides frac flowback services, production well testing services, offshore rig cooling and other associated services in various oil and gas producing regions. The Compression division provides compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. The Offshore division consists of two operating segments: Offshore Services and Maritech.
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