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

Key Points

• Analysts maintain a “Moderate Buy” consensus on Tetra Tech, with three buys and two holds. The average 12-month price target is $38.25, above the stock’s reported $33.34 price.
• Institutional investors have increased their positions, and hedge funds and other institutions collectively own 93.89% of Tetra Tech’s shares.
• Tetra Tech exceeded quarterly earnings expectations, reporting $0.42 EPS versus a $0.40 consensus and $1.31 billion in revenue versus $1.08 billion expected. Revenue still declined 4.4% year over year, while the company declared a $0.072 quarterly dividend, yielding approximately 0.9%.

Tetra Tech, Inc. (NASDAQ:TTEK - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the five analysts that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $38.25.

A number of equities analysts have recently commented on the company. National Bank Financial cut their price target on Tetra Tech from $38.00 to $35.00 and set an "outperform" rating for the company in a report on Monday, July 13th. Weiss Ratings upgraded Tetra Tech from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, August 7th. Wall Street Zen upgraded Tetra Tech from a "hold" rating to a "buy" rating in a research note on Saturday, September 26th. Royal Bank Of Canada dropped their price objective on Tetra Tech from $48.00 to $43.00 and set an "outperform" rating on the stock in a report on Wednesday, July 22nd. Finally, Robert W. Baird set a $37.00 price objective on Tetra Tech in a report on Thursday, July 30th.

Institutional Investors Weigh In On Tetra Tech

A number of institutional investors and hedge funds have recently modified their holdings of TTEK. GAMMA Investing LLC boosted its position in shares of Tetra Tech by 21.2% in the third quarter. GAMMA Investing LLC now owns 4,243 shares of the industrial products company's stock valued at $140,000 after acquiring an additional 742 shares during the period. Farther Finance Advisors LLC grew its stake in Tetra Tech by 82.6% during the third quarter. Farther Finance Advisors LLC now owns 8,744 shares of the industrial products company's stock valued at $288,000 after acquiring an additional 3,955 shares in the last quarter. CX Institutional grew its stake in Tetra Tech by 61,450.3% during the third quarter. CX Institutional now owns 192,037 shares of the industrial products company's stock valued at $6,328,000 after acquiring an additional 191,725 shares in the last quarter. Allworth Financial LP grew its stake in Tetra Tech by 56.9% during the second quarter. Allworth Financial LP now owns 5,645 shares of the industrial products company's stock valued at $163,000 after acquiring an additional 2,048 shares in the last quarter. Finally, Corient Private Wealth LP increased its holdings in Tetra Tech by 11.8% during the 2nd quarter. Corient Private Wealth LP now owns 1,554,196 shares of the industrial products company's stock worth $44,901,000 after acquiring an additional 164,373 shares during the period. 93.89% of the stock is owned by hedge funds and other institutional investors.

Tetra Tech Stock Down 0.2%

TTEK opened at $33.34 on Friday. The company has a 50 day moving average of $35.31 and a 200 day moving average of $31.77. The company has a market cap of $8.54 billion, a PE ratio of 20.08 and a beta of 0.95. Tetra Tech has a 12 month low of $25.81 and a 12 month high of $43.14. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.02. Tetra Tech had a net margin of 8.60% and a return on equity of 22.32%. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the business earned $0.43 EPS. Tetra Tech's revenue was down 4.4% compared to the same quarter last year. 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, sell-side analysts expect that Tetra Tech will post 1.58 EPS for the current 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 $0.0720 per share. The ex-dividend date was Thursday, August 13th. This represents a $0.29 annualized dividend and a dividend yield of 0.9%. Tetra Tech's dividend payout ratio is currently 17.47%.

Tetra Tech Company Profile

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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