Following the transaction, the senior vice president now owns 3,358 shares in the company, valued at approximately $169,377.52.
Many analysts have provided their estimated foresights on TETRA Technologies, Inc.
A number of research analysts have commented on the stock. Amalgamated Bank increased its holdings in Tetra Tech by 2.6% during the 2nd quarter. KAMES CAPITAL plc now owns 1,209,670 shares of the industrial products company's stock valued at $58,185,000 after acquiring an additional 82,147 shares during the period. Deutsche State Bank Ag holds 0.01% in Tetra Tech, Inc. Wells Fargo & Company MN raised its holdings in shares of Tetra Tech by 76.4% during the third quarter. New York State Common Retirement Fund now owns 185,893 shares of the industrial products company's stock worth $8,505,000 after purchasing an additional 28,180 shares during the last quarter. Legal & General Group Plc increased its position in shares of Tetra Tech by 1.2% in the third quarter. Finally, Piper Jaffray Companies set a $5.00 price target on shares of TETRA Technologies and gave the stock a "buy" rating in a research report on Friday, December 29th.
For the Current Quarter, the growth estimate for TETRA Technologies, Inc.is 87.5%, while for the Next Quarter the stock growth estimate is 40%. The stock has a market capitalization of $420.67, a price-to-earnings ratio of -8.44, a PEG ratio of 3.82 and a beta of 0.77.More news: The Investors Buy Shares of Ulta Beauty (ULTA) on Weakness
Several other institutional investors and hedge funds have also added to or reduced their stakes in TTEK. The firm has "Hold" rating given on Friday, June 16 by RBC Capital Markets. (NASDAQ:TTEK) on Wednesday, January 25 with "Buy" rating. Zacks Investment Research downgraded Tetra Tech from a "hold" rating to a "sell" rating in a report on Friday, November 10th.
Morgan Stanley "Maintained" Tetra Technologies (NYSE:TTI) in a research note issued to investors on 11/15/17 to Equal-Weight with price target of $4. Scotia Howard Weill reaffirmed a "sector perform" rating on shares of TETRA Technologies in a research report on Friday, January 12th.
However out of 10 analysts 3 suggest Tetra Technologies (NYSE:TTI) a Strong Buy, 7 suggested Buy, 3 Hold and 0 Sell, while 0 analysts recommend the stock a Strong Sell. Tetra Tech presently has a consensus rating of "Buy" and an average target price of $54.57.
The High Revenue estimate is predicted as 239000, while the Low Revenue Estimate prediction stands at 194680. (TTEK) traded up $0.10 during trading on Tuesday, reaching $50.35. 965,070 shares of the company traded hands, compared to its average volume of 859,725. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.25 and a quick ratio of 2.25. Atossa Genetics Inc (NASDAQ:ATOS)'s distance from 20 day simple moving average is-0.0198 along with distance from 50 day simple moving average of 0.493 whereas its distance from 200 day simple moving average is 0.441.More news: A Rare, Lost Amy Winehouse Demo Has Resurfaced
In terms of earnings per share, 12 analysts have a -0.06 EPS mean target for the quarter ending Mar-18, for the quarter ending Jun-18, 12 analysts have a 0.02 EPS mean target and for the quarter ending Jun-18 there are 13 estimates of 0.07 EPS. The firm had revenue of $544.85 million for the quarter, compared to analysts' expectations of $510.22 million. 4,037 Tetra Tech, Inc. The company's quarterly revenue was up 11.3% compared to the same quarter past year. Shareholders of record on Wednesday, February 14th will be given a $0.10 dividend. The ex-dividend date is Tuesday, February 13th. This represents a $0.40 dividend on an annualized basis and a yield of 0.79%. Tetra Tech's payout ratio is 18.02%.
In other Tetra Tech news, CEO Dan L. Batrack sold 43,317 shares of the firm's stock in a transaction on Friday, December 8th. Following the sale, the director now owns 48,389 shares of the company's stock, valued at $2,417,514.44. (NYSE:TTI) by 9.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. Also, SVP William R. Brownlie sold 4,037 shares of the business's stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $50.36, for a total value of $640,226.68.
WARNING: "Schwab Charles Investment Management Inc". Tetra Tech, Inc. has a 12-month low of $38.85 and a 12-month high of $53.40. "(TTEK)" was originally reported by Equities Focus and is owned by of Equities Focus. If you are reading this piece of content on another website, it was copied illegally and republished in violation of global copyright and trademark legislation. The Texas-based Dimensional Fund Advsrs LP has invested 0.06% in Tetra Tech, Inc. The Company's segments include Water, Environment and Infrastructure (WEI), Resource Management and Energy (RME), and Remediation and Construction Management (RCM).More news: Two fall to their deaths from New York-bound plane