Tetra Tech, Inc. (NASDAQ:TTEK) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Tetra Tech, with three buy ratings and two holds. The average 12-month price target is $38.25, compared with the stock’s reported price of $36.72.
• Tetra Tech exceeded quarterly expectations, reporting $0.42 in EPS versus a $0.40 estimate and $1.31 billion in revenue versus $1.08 billion expected, though revenue declined 4.4% year over year.
• Institutional investors own 93.89% of Tetra Tech’s shares, while the company pays a quarterly dividend of $0.072 per share, equivalent to an annualized yield of approximately 0.8%.

Tetra Tech, Inc. (NASDAQ:TTEK - Get Free Report) has been given a consensus rating of "Moderate Buy" by the five ratings firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $38.25.

A number of brokerages have issued reports on TTEK. Wall Street Zen lowered Tetra Tech from a "buy" rating to a "hold" rating in a research report on Saturday, August 22nd. Robert W. Baird set a $37.00 price target on shares of Tetra Tech in a research note on Thursday, July 30th. National Bank Financial cut their price target on shares of Tetra Tech from $38.00 to $35.00 and set an "outperform" rating on the stock in a report on Monday, July 13th. Weiss Ratings upgraded shares of Tetra Tech from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday, August 7th. Finally, Royal Bank Of Canada decreased their price objective on shares of Tetra Tech from $48.00 to $43.00 and set an "outperform" rating for the company in a report on Wednesday, July 22nd.

Institutional Trading of Tetra Tech

Several hedge funds and other institutional investors have recently bought and sold shares of the company. OP Asset Management Ltd bought a new position in Tetra Tech during the 1st quarter worth approximately $34,000. Evelyn Partners Investment Management Services Ltd bought a new stake in shares of Tetra Tech in the 1st quarter valued at approximately $35,000. Larson Financial Group LLC raised its position in shares of Tetra Tech by 26.9% during the 4th quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company's stock valued at $57,000 after acquiring an additional 358 shares in the last quarter. Rothschild Investment LLC raised its position in shares of Tetra Tech by 1,243.0% during the 4th quarter. Rothschild Investment LLC now owns 1,907 shares of the industrial products company's stock valued at $64,000 after acquiring an additional 1,765 shares in the last quarter. Finally, Globeflex Capital L P bought a new position in Tetra Tech during the second quarter worth $72,000. 93.89% of the stock is owned by institutional investors.

Tetra Tech Stock Up 0.0%

Shares of Tetra Tech stock opened at $36.72 on Wednesday. Tetra Tech has a 1-year low of $25.81 and a 1-year high of $43.14. The company has a market capitalization of $9.40 billion, a PE ratio of 22.12 and a beta of 0.90. 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 business has a 50-day moving average of $34.39 and a 200-day moving average of $31.69.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.40 by $0.02. The business had revenue of $1.31 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. As a group, equities analysts forecast that Tetra Tech will post 1.58 EPS for the current fiscal year.

Tetra Tech Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were given a dividend of $0.072 per share. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $0.29 annualized dividend and a dividend yield of 0.8%. Tetra Tech's dividend payout ratio (DPR) is presently 16.87%.

Tetra Tech Company Profile

Tetra Tech, Inc NASDAQ: TTEK is a consulting and engineering services company that helps government and commercial clients address challenges involving water, the environment, infrastructure, energy and natural resources. Its services include planning, design, engineering, program and construction management, scientific consulting, data analysis and technology solutions.

The company works on projects such as water supply and treatment, environmental restoration, climate resilience, sustainable infrastructure, renewable energy, transportation and national security.

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