Critical Survey: Innovex International (NYSE:INVX) and Tetra Technologies (NYSE:TTI)

Tetra Technologies (NYSE:TTI – Get Free Report) and Innovex International (NYSE:INVX – Get Free Report) are both energy companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, valuation, profitability, risk, dividends, earnings and institutional ownership.

Profitability

This table compares Tetra Technologies and Innovex International’s net margins, return on equity and return on assets.

Valuation and Earnings

This table compares Tetra Technologies and Innovex International”s top-line revenue, earnings per share (EPS) and valuation.

Innovex International has higher revenue and earnings than Tetra Technologies. Innovex International is trading at a lower price-to-earnings ratio than Tetra Technologies, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Tetra Technologies has a beta of 1.23, indicating that its stock price is 23% more volatile than the S&P 500. Comparatively, Innovex International has a beta of 0.87, indicating that its stock price is 13% less volatile than the S&P 500.

Institutional and Insider Ownership

70.2% of Tetra Technologies shares are held by institutional investors. 6.3% of Tetra Technologies shares are held by company insiders. Comparatively, 34.9% of Innovex International shares are held 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.

Analyst Recommendations

This is a summary of current ratings and target prices for Tetra Technologies and Innovex International, as provided by MarketBeat.com.

Tetra Technologies currently has a consensus target price of $11.50, suggesting a potential upside of 68.01%. Innovex International has a consensus target price of $32.75, suggesting a potential upside of 10.87%. Given Tetra Technologies’ higher possible upside, equities analysts plainly believe Tetra Technologies is more favorable than Innovex International.

Summary

Innovex International beats Tetra Technologies on 9 of the 15 factors compared between the two stocks.

About Tetra Technologies

(Get Free Report)

TETRA Technologies, Inc., together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa. This segment also markets liquid and dry calcium chloride products; and TETRA PureFlow ultra-pure zinc bromide to battery technology companies. The Water & Flowback Services segment provides water management services for onshore oil and gas operators. This segment also offers frac flowback, production well testing, and other associated services in oil and gas producing regions in the United States, as well as in various basins in Latin America, Africa, Europe, and the Middle East. TETRA Technologies, Inc. was incorporated in 1981 and is headquartered in The Woodlands, Texas.

About Innovex International

(Get Free Report)

Innovex International, Inc. engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX.