Tetra Tech, Inc. provides consulting and engineering services worldwide. It operates through two segments, Water, Environment and Infrastructure (WEI); and Resource Management and Energy (RME). The WEI segment offers early data collection and monitoring, data analysis and information technology, science and engineering applied research, engineering design, construction 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. It serves governments, and commercial and industrial clients in water resources analysis and water management, environmental restoration, government consulting, and civil infrastructure master planning and engineering design markets. The RME segment provides early data collection and monitoring, data analysis and information technology, feasibility studies and assessments, science and engineering applied research, engineering design, construction management, and operations and maintenance services. This segment serves industrial and commercial clients, U.S. federal agencies in large scale remediation, and international development agencies in natural resources, energy, remediation, waste management, utilities, and international development markets. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Engineering services
Sub-IndustryEnvironmental & Facilities Services
SectorIndustrial Products
SymbolNASDAQ:TTEK
CUSIP88162G10
Phone626-351-4664
Debt
Debt-to-Equity Ratio0.49
Current Ratio2.05
Quick Ratio2.05
Price-To-Earnings
Trailing P/E Ratio27.86
Forward P/E Ratio22.90
P/E Growth1.65
Sales & Book Value
Annual Sales$2.75 billion
Price / Sales1.20
Cash Flow$2.9635 per share
Price / Cash20.01
Book Value$16.42 per share
Price / Book3.61
Profitability
EPS (Most Recent Fiscal Year)$2.13
Net Income$117.87 million
Net Margins4.83%
Return on Equity14.38%
Return on Assets6.90%
Miscellaneous
Employees16,000
Outstanding Shares55,620,000
Market Cap$3,323.06
Tetra Tech (NASDAQ:TTEK) Frequently Asked Questions
What is Tetra Tech's stock symbol?
Tetra Tech trades on the NASDAQ under the ticker symbol "TTEK."
How often does Tetra Tech pay dividends? What is the dividend yield for Tetra Tech?
Tetra Tech declared a quarterly dividend on Thursday, May 3rd. Shareholders of record on Wednesday, May 16th will be given a dividend of $0.12 per share on Friday, June 1st. This represents a $0.48 annualized dividend and a yield of 0.81%. The ex-dividend date is Tuesday, May 15th. This is a positive change from Tetra Tech's previous quarterly dividend of $0.10. View Tetra Tech's Dividend History.
How were Tetra Tech's earnings last quarter?
Tetra Tech, Inc. (NASDAQ:TTEK) issued its earnings results on Wednesday, May, 2nd. The industrial products company reported $0.54 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.03. The industrial products company had revenue of $532.79 million for the quarter, compared to analyst estimates of $509.14 million. Tetra Tech had a net margin of 4.83% and a return on equity of 14.38%. The company's quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.48 earnings per share. View Tetra Tech's Earnings History.
When is Tetra Tech's next earnings date?
What guidance has Tetra Tech issued on next quarter's earnings?
Tetra Tech issued an update on its third quarter earnings guidance on Wednesday, May, 2nd. The company provided earnings per share guidance of $0.62 to $0.68 for the period, compared to the Thomson Reuters consensus estimate of $0.59. The company issued revenue guidance of $525 million to $555 million, compared to the consensus revenue estimate of $525.24 million.
What price target have analysts set for TTEK?
5 brokerages have issued 12 month target prices for Tetra Tech's stock. Their predictions range from $52.00 to $65.00. On average, they anticipate Tetra Tech's share price to reach $56.40 in the next twelve months. This suggests that the stock has a possible downside of 4.9%. View Analyst Ratings for Tetra Tech.
What is the consensus analysts' recommendation for Tetra Tech?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tetra Tech in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Tetra Tech stock?
Here are some recent quotes from research analysts about Tetra Tech stock:
- 1. According to Zacks Investment Research, "Over the past three months, Zacks Consensus Estimate for Tetra Tech’s earnings has been revised downward for both fiscals 2018 and 2019. The stock also looks relatively more leveraged than the industry. Sudden fluctuations in the prices of metals, like uranium, precious metals, aluminum, copper, iron ore might hurt Tetra Tech’s mining business going forward. Also, energy market turmoil or impact of unfavorable government policies remains causes of concern for the stock. However, Tetra Tech’s shares have outperformed the industry in the past month." (7/16/2018)
- 2. Canaccord Genuity analysts commented, "We remain BUY rated on TTEK following upside on continuing broad strength and emergency response. While F18 guidance was increased, we believe there are multiple sources of upside that remain in play including Federal (increased project size post continuing resolution), State & Local, and commercial demand (Oil & Gas guidance still conservative). Importantly, recently announced acquisition of NDY is not in the guidance and could contribute additional upside. Our estimates are increased and our price target is raised to $60 from $52." (2/1/2018)
Who are some of Tetra Tech's key competitors?
Some companies that are related to Tetra Tech include Babcock International (BCKIY), Aecom (ACM), Stantec (STN), ATKINS WS GBP0.005 (WATKF), Arcadis (ARCAY), Engility (EGL), Mistras Group (MG), VSE (VSEC), Hill International (HIL), Willdan Group (WLDN), Ecology and Environment (EEI), ENGlobal (ENG), Acorn Energy (ACFN) and TRI-TECH Hldg I/SH SH (TRITF).
Who are Tetra Tech's key executives?
Tetra Tech's management team includes the folowing people:
- Mr. Dan L. Batrack, Chairman, CEO & Pres (Age 60)
- Mr. Steven M. Burdick, CFO, Exec. VP & Treasurer (Age 53)
- Dr. Leslie L. Shoemaker, Exec. VP of Operations and Pres of Water, Environment & Infrastructure (Age 61)
- Mr. Brian N. Carter CPA, Sr. VP, Corp. Controller & Chief Accounting Officer (Age 51)
- Mr. Craig L. Christensen, Sr. VP & Chief Information Officer (Age 65)
Has Tetra Tech been receiving favorable news coverage?
Press coverage about TTEK stock has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tetra Tech earned a news impact score of 0.08 on Accern's scale. They also gave news articles about the industrial products company an impact score of 46.31 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Tetra Tech's major shareholders?
Tetra Tech's stock is owned by many different of institutional and retail investors. Top institutional shareholders include KAMES CAPITAL plc (2.60%), Leith Wheeler Investment Counsel Ltd. (0.14%), Rathbone Brothers plc (0.05%), Campbell & CO Investment Adviser LLC (0.03%), Capital One National Association (0.03%) and Fisher Asset Management LLC (0.01%). Company insiders that own Tetra Tech stock include Albert E Smith, Brian N Carter, Craig L Christensen, Dan L Batrack, Hugh M Grant, J Christopher Lewis, J Kenneth Thompson, Janis B Salin, Kevin P Mcdonald, Leslie L Shoemaker, Mark A Rynning, Patrick C Haden, Richard A Lemmon, Richard H Truly, Roger R Argus, Ronald J Chu, Steven M Burdick and William R Brownlie. View Institutional Ownership Trends for Tetra Tech.
Which institutional investors are selling Tetra Tech stock?
TTEK stock was sold by a variety of institutional investors in the last quarter, including Rathbone Brothers plc, Dubuque Bank & Trust Co., Capital One National Association and Fortaleza Asset Management Inc.. Company insiders that have sold Tetra Tech company stock in the last year include Brian N Carter, Dan L Batrack, Hugh M Grant, J Christopher Lewis, J Kenneth Thompson, Janis B Salin, Leslie L Shoemaker, Mark A Rynning, Patrick C Haden, Richard A Lemmon, Roger R Argus, Ronald J Chu and William R Brownlie. View Insider Buying and Selling for Tetra Tech.
Which institutional investors are buying Tetra Tech stock?
TTEK stock was acquired by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Campbell & CO Investment Adviser LLC, Leith Wheeler Investment Counsel Ltd. and Fisher Asset Management LLC. View Insider Buying and Selling for Tetra Tech.
How do I buy shares of Tetra Tech?
Shares of TTEK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Tetra Tech's stock price today?
One share of TTEK stock can currently be purchased for approximately $59.30.
How big of a company is Tetra Tech?
Tetra Tech has a market capitalization of $3.32 billion and generates $2.75 billion in revenue each year. The industrial products company earns $117.87 million in net income (profit) each year or $2.13 on an earnings per share basis. Tetra Tech employs 16,000 workers across the globe.
How can I contact Tetra Tech?
Tetra Tech's mailing address is 3475 East Foothill Boulevard, Pasadena CA, 91107. The industrial products company can be reached via phone at 626-351-4664 or via email at [email protected]
MarketBeat Community Rating for Tetra Tech (NASDAQ TTEK)
MarketBeat's community ratings are surveys of what our community members think about Tetra Tech and other stocks. Vote "Outperform" if you believe TTEK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TTEK will underperform the S&P 500 over the long term. You may vote once every thirty days.
