What is KeyCorp's Estimate for Tetra Tech FY2026 Earnings?

Key Points

• KeyCorp raised its FY2026 EPS estimate for Tetra Tech to $1.58, up from $1.54 and matching the consensus forecast. The firm also projects $0.47 EPS for Q4 2026 and $1.78 for FY2027.
• Tetra Tech reported quarterly EPS of $0.42, beating expectations by $0.02, while revenue reached $1.31 billion versus the $1.08 billion consensus estimate. However, revenue declined 4.4% year over year.
• Analyst sentiment remains positive, with Tetra Tech holding a consensus “Moderate Buy” rating and an average price target of $38.25; the company also declared a quarterly dividend of $0.072 per share.

Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) - Research analysts at KeyCorp lifted their FY2026 EPS estimates for shares of Tetra Tech in a report released on Thursday, July 30th. KeyCorp analyst S. Jain now expects that the industrial products company will post earnings of $1.58 per share for the year, up from their prior forecast of $1.54. The consensus estimate for Tetra Tech's current full-year earnings is $1.58 per share. KeyCorp also issued estimates for Tetra Tech's Q4 2026 earnings at $0.47 EPS and FY2027 earnings at $1.78 EPS.

Several other research firms have also recently weighed in on TTEK. Royal Bank Of Canada cut their price objective on Tetra Tech from $48.00 to $43.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 22nd. Weiss Ratings upgraded Tetra Tech from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday. Robert W. Baird set a $37.00 price target on shares of Tetra Tech in a report on Thursday, July 30th. Wall Street Zen upgraded shares of Tetra Tech from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. Finally, National Bank Financial lowered their price objective on shares of Tetra Tech from $38.00 to $35.00 and set an "outperform" rating on the stock in a research report on Monday, July 13th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Tetra Tech has an average rating of "Moderate Buy" and a consensus price target of $38.25.

Tetra Tech Stock Performance

TTEK stock opened at $35.44 on Monday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. The firm has a market cap of $9.07 billion, a PE ratio of 21.35 and a beta of 0.90. The business has a 50 day moving average of $30.21 and a 200-day moving average of $31.95. Tetra Tech has a 12-month low of $25.81 and a 12-month high of $43.14.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $1.08 billion. During the same period in the previous year, the company earned $0.43 earnings per share. The firm's revenue for the quarter 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.

Institutional Investors Weigh In On Tetra Tech

Institutional investors have recently added to or reduced their stakes in the business. First Horizon Corp raised its position in shares of Tetra Tech by 50.4% in the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company's stock valued at $30,000 after purchasing an additional 295 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in Tetra Tech by 63.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company's stock worth $30,000 after buying an additional 341 shares during the period. OP Asset Management Ltd purchased a new position in Tetra Tech in the 1st quarter valued at approximately $34,000. Evelyn Partners Investment Management Services Ltd bought a new stake in Tetra Tech during the 1st quarter valued at $35,000. Finally, Geneos Wealth Management Inc. lifted its position in shares of Tetra Tech by 136.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company's stock worth $38,000 after acquiring an additional 751 shares in the last quarter. 93.89% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Jeffrey R. Feeler purchased 1,900 shares of the company's stock in a transaction dated Friday, May 15th. The shares were purchased at an average price of $26.41 per share, with a total value of $50,179.00. Following the transaction, the director directly owned 1,900 shares of the company's stock, valued at approximately $50,179. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.49% of the stock is currently owned by insiders.

Tetra Tech Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be paid a $0.072 dividend. The ex-dividend date is Thursday, August 13th. This represents a $0.29 annualized dividend and a dividend yield of 0.8%. Tetra Tech's payout ratio is presently 17.47%.

About Tetra Tech

Tetra Tech, Inc is a leading provider of consulting and engineering services with a focus on water, environment, infrastructure, resource management and energy sectors. Headquartered in Pasadena, California, the company delivers end-to-end solutions that encompass planning, design, engineering, program management and construction management. Tetra Tech's multidisciplinary teams integrate science, technology and advisory services to address complex challenges in areas such as water resources, environmental remediation, sustainable infrastructure and renewable energy.

The company's core offerings include environmental assessments and cleanup, water treatment and reuse, coastal and marine engineering, climate resilience planning, and engineering design for transportation and built environments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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