Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) - Equities researchers at William Blair raised their Q3 2025 earnings per share estimates for Tetra Tech in a note issued to investors on Thursday, May 8th. William Blair analyst T. Mulrooney now expects that the industrial products company will earn $0.37 per share for the quarter, up from their previous forecast of $0.34. 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 FY2025 earnings at $1.47 EPS, Q1 2026 earnings at $0.30 EPS, Q2 2026 earnings at $0.33 EPS, Q3 2026 earnings at $0.42 EPS and Q4 2026 earnings at $0.45 EPS.
Other equities research analysts also recently issued research reports about the company. Royal Bank of Canada set a $49.00 target price on Tetra Tech in a report on Friday, January 31st. Robert W. Baird raised their target price on Tetra Tech from $31.00 to $33.00 and gave the stock a "neutral" rating in a research report on Thursday, May 8th. KeyCorp lifted their price objective on Tetra Tech from $34.00 to $41.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. Finally, Maxim Group lowered Tetra Tech from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $44.15.
View Our Latest Stock Analysis on TTEK
Tetra Tech Price Performance
NASDAQ:TTEK traded down $0.01 during trading hours on Monday, reaching $35.18. 270,503 shares of the company were exchanged, compared to its average volume of 2,054,244. The company has a market capitalization of $9.43 billion, a P/E ratio of 36.96 and a beta of 0.92. Tetra Tech has a 1-year low of $27.27 and a 1-year high of $51.20. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.29 and a quick ratio of 1.29. The business has a 50 day moving average of $30.52 and a 200 day moving average of $36.11.
Tetra Tech (NASDAQ:TTEK - Get Free Report) last announced its earnings results on Wednesday, May 7th. The industrial products company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.31 by $0.02. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.05 billion. Tetra Tech had a return on equity of 22.58% and a net margin of 4.81%. The firm's quarterly revenue was up 25.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.28 earnings per share.
Institutional Investors Weigh In On Tetra Tech
Hedge funds and other institutional investors have recently bought and sold shares of the business. New England Research & Management Inc. bought a new stake in Tetra Tech during the 4th quarter valued at $596,000. Nicola Wealth Management LTD. boosted its position in Tetra Tech by 36.8% during the fourth quarter. Nicola Wealth Management LTD. now owns 65,000 shares of the industrial products company's stock valued at $2,590,000 after buying an additional 17,500 shares during the period. Lecap Asset Management Ltd. boosted its position in Tetra Tech by 71.3% during the fourth quarter. Lecap Asset Management Ltd. now owns 44,769 shares of the industrial products company's stock valued at $1,784,000 after buying an additional 18,635 shares during the period. Y Intercept Hong Kong Ltd boosted its position in Tetra Tech by 53.3% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 39,150 shares of the industrial products company's stock valued at $1,560,000 after buying an additional 13,606 shares during the period. Finally, Perpetual Ltd boosted its position in Tetra Tech by 9.6% during the fourth quarter. Perpetual Ltd now owns 215,042 shares of the industrial products company's stock valued at $8,567,000 after buying an additional 18,842 shares during the period. Institutional investors own 93.89% of the company's stock.
Tetra Tech Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Friday, May 23rd will be issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Friday, May 23rd. This is a boost from Tetra Tech's previous quarterly dividend of $0.06. Tetra Tech's payout ratio is 37.68%.
Tetra Tech Company Profile
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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.
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