Tetra Tech, Inc. (TTEK) – What Are Analysts Saying About This Stock?

by · The Markets Daily

Tetra Tech, Inc. (NASDAQ:TTEK – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $39.00.

A number of equities analysts recently commented on the stock. Royal Bank Of Canada lowered their price target on shares of Tetra Tech from $46.00 to $44.00 and set an “outperform” rating on the stock in a research report on Thursday. Weiss Ratings raised shares of Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 7th. KeyCorp restated an “overweight” rating and set a $41.00 target price (down from $43.00) on shares of Tetra Tech in a research report on Thursday. Wall Street Zen downgraded Tetra Tech from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Robert W. Baird set a $37.00 price objective on Tetra Tech in a report on Thursday, July 30th.

Check Out Our Latest Report on Tetra Tech

Institutional Trading of Tetra Tech

A number of hedge funds have recently made changes to their positions in the company. OP Asset Management Ltd bought a new stake in shares of Tetra Tech during the first quarter worth about $34,000. Evelyn Partners Investment Management Services Ltd bought a new position in Tetra Tech in the 1st quarter valued at approximately $35,000. Mather Group LLC. raised its holdings in Tetra Tech by 562.0% in the 3rd quarter. Mather Group LLC. now owns 1,377 shares of the industrial products company’s stock valued at $45,000 after buying an additional 1,169 shares during the last quarter. Globeflex Capital L P bought a new position in Tetra Tech in the 2nd quarter valued at approximately $72,000. Finally, TD Waterhouse Canada Inc. boosted its position in Tetra Tech by 581.1% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 3,065 shares of the industrial products company’s stock worth $103,000 after buying an additional 2,615 shares during the period. 93.89% of the stock is owned by institutional investors and hedge funds.

Tetra Tech Stock Performance

Shares of NASDAQ TTEK opened at $34.72 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18. The firm has a market cap of $8.89 billion, a price-to-earnings ratio of 20.92 and a beta of 0.95. The stock’s fifty day moving average price is $35.24 and its two-hundred day moving average price is $31.88. Tetra Tech has a one year low of $25.81 and a one year high of $43.14.

Tetra Tech (NASDAQ:TTEK – Get Free Report) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.08 billion. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%. The company’s revenue was down 4.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.43 earnings per share. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. On average, equities analysts forecast that Tetra Tech will post 1.58 EPS for the current year.

Tetra Tech Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were issued a $0.0720 dividend. This represents a $0.29 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, August 13th. Tetra Tech’s dividend payout ratio is presently 17.47%.

About Tetra Tech

(Get Free Report)

Tetra Tech, Inc is a consulting and engineering services company that helps government and commercial clients address complex challenges involving water, the environment, infrastructure, energy and natural resources. Its work includes planning, design, program management, engineering, scientific analysis and technical advisory services.

The company provides services across the water life cycle, including water supply, wastewater treatment, flood management and watershed planning. It also supports environmental restoration and compliance, climate resilience, sustainable infrastructure, renewable energy, disaster recovery and national security programs.

Founded in 1966, Tetra Tech serves clients in the United States and internationally.

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