NASDAQ:TTEKTetra Tech Stock Price, Forecast & News

$79.79

+2.54 (+3.29 %)

(As of 04/9/2020 10:07 AM ET)

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Today's Range

$78.23

Now: $79.79▼

$80.05

50-Day Range

$65.94

MA: $79.26▼

$98.26

52-Week Range

$59.53

Now: $79.79▼

$99.34

Volume22,231 shs

Average Volume514,462 shs

Market Capitalization$4.36 billion

P/E Ratio27.14

Dividend Yield0.80%

Beta0.97

Tetra Tech, Inc. provides consulting and engineering services worldwide. It operates through Government Services Group (GSG) and Commercial/International Services Group (CIG) segments. The GSG 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. This segment serves federal, state, and local governments, and development agencies in water resources analysis and water management, environmental monitoring, data analytics, government consulting, waste management, and a range of civil infrastructure master planning and engineering design markets. The CIG segment provides early data collection and monitoring, data analysis and information management, feasibility studies and assessments, science and engineering applied research, engineering design, construction management, and operations and maintenance services. This segment serves natural resources, energy, and utilities markets, as well as civil infrastructure master planning and engineering design markets. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Tetra Tech has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $88.80, Tetra Tech has a potential upside of 11.3% from its current price of $79.79.
Amount of Analyst Coverage
Tetra Tech has only been the subject of 3 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Tetra Tech has received 433 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tetra Tech has received 396 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tetra Tech has received 52.23% “outperform” votes from our community.

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.

4.2 Dividend Strength

Dividend Leadership
Tetra Tech is a leading dividend payer. It pays a dividend yield of 0.80%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tetra Tech has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of Tetra Tech is 18.93 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Tetra Tech will have a dividend payout ratio of 16.67 % next year. This indicates that Tetra Tech will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tetra Tech insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,787,585.00 in company stock.
Percentage Held by Insiders
Only 1.97% of the stock of Tetra Tech is held by insiders.
Percentage Held by Institutions
86.96% of the stock of Tetra Tech is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Tetra Tech are expected to grow by 7.14% in the coming year, from $3.36 to $3.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tetra Tech is 27.14, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.32.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tetra Tech is 27.14, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 46.11.
Price to Earnings Growth Ratio
Tetra Tech has a PEG Ratio of 1.49. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Tetra Tech has a P/B Ratio of 4.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.25 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Engineering services

Sub-IndustryEnvironmental & Facilities Services

SectorIndustrial Products

Current SymbolNASDAQ:TTEK

Previous Symbol

CUSIP88162G10

CIK831641

Webhttp://www.tetratech.com/

Phone626-351-4664

Debt

Debt-to-Equity Ratio0.48

Current Ratio1.47

Quick Ratio1.47

Price-To-Earnings

Trailing P/E Ratio27.14

Forward P/E Ratio23.75

P/E Growth1.49

Sales & Book Value

Annual Sales$3.11 billion

Price / Sales1.40

Cash Flow$4.49 per share

Price / Cash Flow17.76

Book Value$18.11 per share

Price / Book4.41

Profitability

EPS (Most Recent Fiscal Year)$3.17

Net Income$158.67 million

Net Margins5.14%

Return on Equity18.34%

Return on Assets8.63%

Miscellaneous

Employees20,000

Outstanding Shares54,680,000

Market Cap$4.36 billion

Next Earnings Date4/29/2020 (Confirmed)

OptionableOptionable

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Tetra Tech (NASDAQ:TTEK) Frequently Asked Questions

How has Tetra Tech's stock been impacted by COVID-19 (Coronavirus)?

Tetra Tech's stock was trading at $76.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TTEK stock has increased by 4.6% and is now trading at $79.79. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Tetra Tech?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tetra Tech in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tetra Tech.

When is Tetra Tech's next earnings date?

Tetra Tech is scheduled to release its next quarterly earnings announcement on Wednesday, April 29th 2020. View our earnings forecast for Tetra Tech.

How were Tetra Tech's earnings last quarter?

Tetra Tech, Inc. (NASDAQ:TTEK) issued its earnings results on Wednesday, January, 29th. The industrial products company reported $0.84 EPS for the quarter, beating the Zacks' consensus estimate of $0.77 by $0.07. The industrial products company earned $614.02 million during the quarter, compared to analyst estimates of $615.07 million. Tetra Tech had a net margin of 5.14% and a return on equity of 18.34%. Tetra Tech's quarterly revenue was up 11.0% compared to the same quarter last year. During the same period last year, the business posted $0.70 earnings per share. View Tetra Tech's earnings history.

How often does Tetra Tech pay dividends? What is the dividend yield for Tetra Tech?

Tetra Tech announced a quarterly dividend on Monday, January 27th. Investors of record on Wednesday, February 12th will be paid a dividend of $0.15 per share on Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date of this dividend is Tuesday, February 11th. View Tetra Tech's dividend history.

What guidance has Tetra Tech issued on next quarter's earnings?

Tetra Tech updated its second quarter earnings guidance on Wednesday, January, 29th. The company provided earnings per share (EPS) guidance of $0.73 to $0.78 for the period, compared to the Thomson Reuters consensus estimate of $0.75. The company issued revenue guidance of $580 million to $630 million, compared to the consensus revenue estimate of $614.24 million.

What price target have analysts set for TTEK?

6 Wall Street analysts have issued twelve-month price objectives for Tetra Tech's shares. Their forecasts range from $72.00 to $104.00. On average, they expect Tetra Tech's share price to reach $88.80 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View analysts' price targets 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, "Over the past year, Tetra Tech's shares have outperformed the industry. The company is currently focusing on high-end consulting and engineering services. It remains bullish about its growth prospects for the U.S. federal, U.S. state and local, U.S. commercial, and international clients. For fiscal 2020, the company anticipates adjusted earnings of $3.40-$3.55 per share, up from $3.35-$3.55 per share mentioned earlier. For the fiscal year, Tetra Tech expects revenues of $2.4-$2.6 billion, whereas it recorded $2.4 billion in fiscal 2019. However, the stock looks overvalued compared with the industry. Rising costs, concerns related to the U.S. federal business and headwinds related to international exposure might be dragging. In the past 60 days, earnings estimates for second-quarter fiscal 2020 have been lowered." (4/8/2020)
2. Maxim Group analysts commented, "We increase our F2Q19 net revenue (revenue less subcontractor costs) forecast to $551 million from $530 million, and our Exponent (EXPO – Not Rated) reported quarterly results last Thursday after the market close." (4/24/2019)

Has Tetra Tech been receiving favorable news coverage?

Headlines about TTEK stock have been trending very negative this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tetra Tech earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutTetra Tech.

Are investors shorting Tetra Tech?

Tetra Tech saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 723,100 shares, an increase of 35.6% from the February 27th total of 533,400 shares. Based on an average daily volume of 370,600 shares, the short-interest ratio is presently 2.0 days. Approximately 1.3% of the shares of the company are short sold. View Tetra Tech's Current Options Chain.

Who are some of Tetra Tech's key competitors?

Some companies that are related to Tetra Tech include Waste Management (WM), Republic Services (RSG), Rollins (ROL), Stericycle (SRCL), Clean Harbors (CLH), Casella Waste Systems (CWST), ABM Industries (ABM), Covanta (CVA), US Ecology (ECOL), SP Plus (SP), Heritage-Crystal Clean (HCCI), Team (TISI), CECO Environmental (CECE), Acorn Energy (ACFN) and Metalico (MEA).

What other stocks do shareholders of Tetra Tech own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tetra Tech investors own include Home Depot (HD), NVIDIA (NVDA), Lockheed Martin (LMT), Verizon Communications (VZ), Gilead Sciences (GILD), AbbVie (ABBV), Raytheon (RTN), AT&T (T), Activision Blizzard (ATVI) and Cisco Systems (CSCO).

Who are Tetra Tech's key executives?

Tetra Tech's management team includes the following people:

Mr. Dan L. Batrack, Chairman, CEO & Pres (Age 61)
Mr. Steven M. Burdick, CFO, Exec. VP & Treasurer (Age 54)
Dr. Leslie L. Shoemaker, Exec. VP of Operations & Pres of CIG (Age 62)
Mr. Richard A. Lemmon, Sr. VP of Corp. Admin. (Age 60)
Mr. Roger R. Argus, Sr. VP, Pres of the U.S. Gov. Division & Pres of Gov. Services Group (Age 58)

What is Tetra Tech's stock symbol?

Tetra Tech trades on the NASDAQ under the ticker symbol "TTEK."

Who are Tetra Tech's major shareholders?

Tetra Tech's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%). Company insiders that own Tetra Tech stock include Albert E Smith, Brian N Carter, Craig L Christensen, Dan L Batrack, Derek G Amidon, Hugh M Grant, J Christopher Lewis, J Kenneth Thompson, Jan K Auman, Kimberly E Ritrievi, Kirsten M Volpi, Leslie L Shoemaker, Mark A Rynning, Patrick C Haden, Richard A Lemmon, Roger R Argus, Steven M Burdick and William R Brownlie. View institutional ownership trends for Tetra Tech.

Which institutional investors are buying Tetra Tech stock?

TTEK stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Tetra Tech's stock price today?

One share of TTEK stock can currently be purchased for approximately $79.79.

How big of a company is Tetra Tech?

Tetra Tech has a market capitalization of $4.36 billion and generates $3.11 billion in revenue each year. The industrial products company earns $158.67 million in net income (profit) each year or $3.17 on an earnings per share basis. Tetra Tech employs 20,000 workers across the globe. View additional information about Tetra Tech.

What is Tetra Tech's official website?

The official website for Tetra Tech is http://www.tetratech.com/.

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]

This page was last updated on 4/9/2020 by MarketBeat.com Staff

NASDAQ:TTEKTetra Tech Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

2.3 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.6 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment