S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
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S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving

Tetra Tech, Inc. (NASDAQ:TTEK) Director Sells $556,430.00 in Stock

Tetra Tech, Inc. (NASDAQ:TTEK - Get Rating) Director J Kenneth Thompson sold 3,500 shares of the company's stock in a transaction that occurred on Monday, November 14th. The shares were sold at an average price of $158.98, for a total value of $556,430.00. Following the sale, the director now owns 23,308 shares in the company, valued at approximately $3,705,505.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Tetra Tech Price Performance

TTEK traded down $0.95 during midday trading on Wednesday, reaching $156.83. 324,874 shares of the company's stock were exchanged, compared to its average volume of 344,464. The firm has a market capitalization of $8.42 billion, a price-to-earnings ratio of 32.40 and a beta of 0.91. The company has a quick ratio of 1.21, a current ratio of 1.26 and a debt-to-equity ratio of 0.21. Tetra Tech, Inc. has a one year low of $118.55 and a one year high of $192.91. The business has a 50-day simple moving average of $135.50 and a two-hundred day simple moving average of $136.24.

Tetra Tech (NASDAQ:TTEK - Get Rating) last posted its earnings results on Wednesday, November 9th. The industrial products company reported $1.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.15 by $0.11. Tetra Tech had a net margin of 7.51% and a return on equity of 20.02%. The company had revenue of $736.10 million during the quarter, compared to analysts' expectations of $712.86 million. During the same quarter in the previous year, the company posted $1.05 earnings per share. Tetra Tech's quarterly revenue was up 11.8% compared to the same quarter last year. As a group, research analysts predict that Tetra Tech, Inc. will post 4.88 EPS for the current year.

Tetra Tech Announces Dividend


The firm also recently announced a quarterly dividend, which will be paid on Friday, December 9th. Shareholders of record on Monday, November 21st will be paid a $0.23 dividend. The ex-dividend date of this dividend is Friday, November 18th. This represents a $0.92 dividend on an annualized basis and a yield of 0.59%. Tetra Tech's payout ratio is 18.89%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on TTEK shares. Maxim Group raised their price objective on Tetra Tech from $190.00 to $200.00 in a research note on Friday, November 11th. StockNews.com upgraded Tetra Tech from a "hold" rating to a "buy" rating in a report on Wednesday, November 9th.

Institutional Trading of Tetra Tech

A number of large investors have recently bought and sold shares of the business. Brown Brothers Harriman & Co. bought a new stake in Tetra Tech in the 2nd quarter valued at approximately $25,000. Quadrant Capital Group LLC grew its position in Tetra Tech by 156.8% in the first quarter. Quadrant Capital Group LLC now owns 208 shares of the industrial products company's stock valued at $35,000 after purchasing an additional 127 shares in the last quarter. Covestor Ltd grew its position in Tetra Tech by 90.8% in the first quarter. Covestor Ltd now owns 248 shares of the industrial products company's stock valued at $41,000 after purchasing an additional 118 shares in the last quarter. Private Trust Co. NA grew its position in Tetra Tech by 64.3% in the third quarter. Private Trust Co. NA now owns 253 shares of the industrial products company's stock valued at $33,000 after purchasing an additional 99 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in Tetra Tech in the second quarter valued at $39,000. 85.93% of the stock is owned by institutional investors.

Tetra Tech Company Profile

(Get Rating)

Tetra Tech, Inc provides consulting and engineering services worldwide. 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.

See Also

Insider Buying and Selling by Quarter for Tetra Tech (NASDAQ:TTEK)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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