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
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 Ratio27.11
Forward P/E Ratio22.30
P/E Growth1.68
Sales & Book Value
Annual Sales$2.75 billion
Price / Sales1.17
Cash Flow$2.9830 per share
Price / Cash19.36
Book Value$16.42 per share
Price / Book3.52
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
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 paid a dividend of $0.12 per share on Friday, June 1st. This represents a $0.48 annualized dividend and a yield of 0.83%. 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 earnings per share (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 firm's revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.48 EPS. 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 updated its third quarter earnings guidance on Wednesday, May, 2nd. The company provided EPS 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 analysts have issued 1 year target prices for Tetra Tech's shares. Their forecasts 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. View Analyst Ratings for Tetra Tech.
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, "Tetra Tech is enjoying steady top-line momentum and improved operating efficiency resulting from cost-management initiatives. The company also has an impressive earnings surprise history, having beaten estimates thrice over the four trailing quarters. Moreover, the company’s robust financial health and diligent capital deployment strategies signal brighter days ahead. Its shares have outperformed the industry average over the past six months. However, softness in the domestic oil and gas segment along with general economic conditions may weigh down on financials, going forward. Sluggish oil and gas markets and a highly competitive bidding environment (particularly in Canada) remain headwinds. This apart, the cyclical nature of the key markets served by the company poses a sustained threat to stable growth." (4/3/2018)
- 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 Aecom (ACM), Babcock International (BCKIY), Stantec (STN), ATKINS WS GBP0.005 (WATKF), Arcadis (ARCAY), Engility (EGL), VSE (VSEC), Mistras Group (MG), 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?
News stories about TTEK stock have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tetra Tech earned a news sentiment score of 0.20 on Accern's scale. They also assigned media headlines about the industrial products company an impact score of 46.10 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Tetra Tech's major shareholders?
Tetra Tech's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.44%), Dimensional Fund Advisors LP (5.16%), Summit Trail Advisors LLC (2.59%), Ceredex Value Advisors LLC (2.56%), KAMES CAPITAL plc (2.49%) and Boston Partners (1.88%). 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 Millennium Management LLC, Wells Fargo & Company MN, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Cooke & Bieler LP, Neuberger Berman Group LLC, California Public Employees Retirement System and Boston Partners. 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 bought by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Summit Trail Advisors LLC, Neumeier Poma Investment Counsel LLC, Amundi Pioneer Asset Management Inc., KAMES CAPITAL plc, Rockefeller Capital Management L.P., BlackRock Inc. and Intrinsic Edge Capital 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 $57.75.
How big of a company is Tetra Tech?
Tetra Tech has a market capitalization of $3.21 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 (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.
