FY2025 EPS Estimates for Tetra Tech Raised by William Blair

Key Points

• Analysts at William Blair raised their FY2025 earnings estimate for Tetra Tech to $1.51 per share, significantly above the consensus estimate of $1.37.
• Tetra Tech reported $0.43 EPS in its latest quarterly earnings, surpassing analysts' expectations of $0.37 EPS, with revenue matching forecasts at $1.15 billion.
• The company also announced a quarterly dividend of $0.065 per share with an upcoming ex-dividend date on August 15, reflecting a 0.7% dividend yield.

Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) - Investment analysts at William Blair increased their FY2025 earnings estimates for shares of Tetra Tech in a research report issued to clients and investors on Thursday, July 31st. William Blair analyst T. Mulrooney now expects that the industrial products company will post earnings of $1.51 per share for the year, up from their previous estimate of $1.47. The consensus estimate for Tetra Tech's current full-year earnings is $1.37 per share. William Blair also issued estimates for Tetra Tech's Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.41 EPS, Q4 2026 earnings at $0.42 EPS and FY2027 earnings at $1.65 EPS.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The industrial products company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.06. The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.15 billion. Tetra Tech had a return on equity of 24.70% and a net margin of 3.94%. The company's revenue for the quarter was up 1.9% on a year-over-year basis. During the same period last year, the company earned $1.59 earnings per share.

Other research analysts have also issued reports about the company. Wall Street Zen raised Tetra Tech from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Robert W. Baird lifted their target price on Tetra Tech from $31.00 to $33.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Finally, KeyCorp boosted their price target on Tetra Tech from $41.00 to $43.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $41.67.

Tetra Tech Stock Down 0.5%

TTEK stock traded down $0.19 during midday trading on Monday, hitting $37.08. 980,066 shares of the company's stock were exchanged, compared to its average volume of 2,466,813. The company has a current ratio of 1.18, a quick ratio of 1.10 and a debt-to-equity ratio of 0.50. Tetra Tech has a 12-month low of $27.27 and a 12-month high of $51.20. The firm has a 50 day moving average price of $36.35 and a 200-day moving average price of $33.51. The stock has a market capitalization of $9.74 billion, a price-to-earnings ratio of 46.31 and a beta of 0.92.

Institutional Trading of Tetra Tech

A number of hedge funds have recently added to or reduced their stakes in TTEK. US Bancorp DE lifted its stake in shares of Tetra Tech by 1.7% during the second quarter. US Bancorp DE now owns 18,326 shares of the industrial products company's stock valued at $659,000 after acquiring an additional 299 shares during the period. Ethic Inc. increased its stake in shares of Tetra Tech by 1.2% in the 1st quarter. Ethic Inc. now owns 28,745 shares of the industrial products company's stock valued at $849,000 after purchasing an additional 334 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Tetra Tech by 54.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 987 shares of the industrial products company's stock valued at $35,000 after acquiring an additional 348 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of Tetra Tech by 22.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 2,062 shares of the industrial products company's stock valued at $74,000 after buying an additional 377 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC grew its position in shares of Tetra Tech by 1.3% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 30,713 shares of the industrial products company's stock valued at $1,104,000 after buying an additional 391 shares during the last quarter. 93.89% of the stock is owned by hedge funds and other institutional investors.

Tetra Tech Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be issued a dividend of $0.065 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $0.26 dividend on an annualized basis and a yield of 0.7%. Tetra Tech's dividend payout ratio is 32.50%.

Tetra Tech Company Profile

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.