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Is Tetra Technologies (TTI) a Great Value Stock Right Now?

Zacks Equity Research
Updated
Northern Trust (NTRS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.

Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.

Tetra Technologies (TTI) is a stock many investors are watching right now. TTI is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with a P/E ratio of 19.59, which compares to its industry's average of 20.99. TTI's Forward P/E has been as high as 83.99 and as low as -667.18, with a median of 26.15, all within the past year.

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Investors will also notice that TTI has a PEG ratio of 0.68. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. TTI's PEG compares to its industry's average PEG of 1.42. Over the past 52 weeks, TTI's PEG has been as high as 2.90 and as low as 0.68, with a median of 1.03.

Finally, investors will want to recognize that TTI has a P/CF ratio of 12.44. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. TTI's current P/CF looks attractive when compared to its industry's average P/CF of 15.65. Over the past 52 weeks, TTI's P/CF has been as high as 18.92 and as low as 3.71, with a median of 13.72.

Value investors will likely look at more than just these metrics, but the above data helps show that Tetra Technologies is likely undervalued currently. And when considering the strength of its earnings outlook, TTI sticks out at as one of the market's strongest value stocks.


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Tetra Technologies, Inc. (TTI) : Free Stock Analysis Report
 
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