Tetra Tech Company Profile (NASDAQ:TTEK)

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

Tetra Tech declared a quarterly dividend on Thursday, August 3rd. Shareholders of record on Thursday, August 17th will be paid a dividend of $0.10 per share on Friday, September 1st. This represents a $0.40 annualized dividend and a yield of 0.84%. The ex-dividend date is Tuesday, August 15th. View Tetra Tech's Dividend History.

Tetra Tech, Inc. (NASDAQ:TTEK) posted its earnings results on Wednesday, August, 2nd. The company reported $0.53 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.54 by $0.01. The business earned $498.47 million during the quarter, compared to the consensus estimate of $535.18 million. Tetra Tech had a net margin of 4.17% and a return on equity of 13.65%. The company's quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the company earned $0.50 EPS. View Tetra Tech's Earnings History.

Tetra Tech is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Tetra Tech.

Tetra Tech issued an update on its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $2.10-2.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.22. The company issued revenue guidance of $2.0-2.2 billion, compared to the consensus revenue estimate of $2.10 billion.Tetra Tech also updated its Q4 guidance to $0.60-0.62 EPS.

7 analysts have issued 1-year target prices for Tetra Tech's shares. Their predictions range from $35.00 to $58.00. On average, they anticipate Tetra Tech's stock price to reach $48.50 in the next year. View Analyst Ratings for Tetra Tech.

Here are some recent quotes from research analysts about Tetra Tech stock:

• 1. According to Zacks Investment Research, "Over the past six months, Tetra Tech’s shares have charted a strong upward trajectory, outperforming the industry’s average return. Tetra Tech’s robust financial health, strong backlog levels and diligent capital deployment strategies signal brighter days ahead. Tetra Tech is enjoying steady top-line growth and improved operating efficiency resulting from cost-management initiatives. The company remains bullish about its growth across all four client sectors and expects U.S. state and local clients to be its strongest growth drivers. However, softness in the domestic oil and gas segment and general economic conditions may weigh down on the company’s financials, going forward. This apart, the cyclical nature of the key markets served by the company poses a sustained threat to stable growth of the company. Decreased consumer confidence and stringent competition may also add to the company’s woes." (10/6/2017)
• 2. Canaccord Genuity analysts commented, "Date and time of first dissemination: August 09, 2017, 16:57 ET Date and time of production: August 09, 2017, 16:57 ET Target Price / Valuation Methodology: Tetra Tech – TTEK Our $52 price target is based on an EV/EBITDA multiple of 12x our 2018 estimate. Risks to achieving Target Price / Valuation: Tetra Tech – TTEK Risks to our TTEK thesis include: potential adverse regulatory changes, foreign currency translation challenges, slower than expected conversion of backlog opportunities, and the failure to successfully integrate acquired businesses. Distribution of Ratings: Global Stock Ratings (as of 08/09/17) Rating Coverage Universe IB Clients # % % Buy 593 60.76% 40.30% Hold 280 28.69% 22.86% Sell 25 2.56% 12.00% Speculative Buy 78 7.99% 73.08% 976* 100.0% *Total includes stocks that are Under Review Canaccord Genuity Ratings System BUY: The stock is expected to generate risk-adjusted returns of over 10% during the next 12 months. HOLD: The stock is expected to generate risk-adjusted returns of 0-10% during the next 12 months. SELL: The stock is expected to generate negative risk-adjusted returns during the next 12 months. NOT RATED: Canaccord Genuity does not provide research coverage of the relevant issuer." (8/4/2017)
• 3. Stifel Nicolaus analysts commented, "TTEK reported 1Q17 ongoing EPS of $0.49, exceeding our estimate and the consensus of $0.47. Core profitability was in-line with expectations. Highlights of the quarter included 24% organic growth in State and Local, 15% organic growth in core Federal, and record backlog. We anticipate continued strength in these end markets. TTEK shares fell 5%+ (vs a flat S&P 500) following the report and partially recovered Friday with a 3.6% increase (vs a 0.7% increase in the S&P 500). We believe these moves may reflect some skittishness around the prospects of a large Federal Infrastructure bill moving forward in the next year. We are raising our ongoing adjusted EPS estimates slightly to $0.44 (from $0.43) in 2Q17, and $2.16 (from $2.14) for the full year. While we anticipate continued strength in TTEK's core business and see the company as a key beneficiary of potential infrastructure spending, we maintain our Hold rating on concerns that shares will be somewhat range bound until clarity emerges on the Federal government's plans" (2/6/2017)

Some companies that are related to Tetra Tech include Colfax Corporation (CFX), Sonoco Products Company (SON), Ardagh Group S.A. (ARD), MSC Industrial Direct Company (MSM), Graphic Packaging Holding Company (GPK), Bemis Company (BMS), Owens-Illinois (OI), Terex Corporation (TEX), Barnes Group (B), Timken Company (The) (TKR), Valmont Industries (VMI), Belden (BDC), Regal Beloit Corporation (RBC), Kennametal (KMT), Cimpress N.V (CMPR), John Bean Technologies Corporation (JBT), Unifirst Corporation (UNF) and Silgan Holdings (SLGN).

Tetra Tech's management team includes the folowing people:

• Dan L. Batrack, Chairman of the Board, President, Chief Executive Officer
• Steven M. Burdick, Chief Financial Officer, Executive Vice President, Treasurer
• Ronald J. Chu, Executive Vice President, President - Technical Support Services
• Leslie L. Shoemaker, Executive Vice President, President - Water, Environment and Infrastructure (WEI)
• Brian N. Carter, Senior Vice President, Chief Accounting Officer, Corporate Controller
• Craig L. Christensen, Senior Vice President, Chief Information Officer
• Janis B. Salin, Senior Vice President, General Counsel, Secretary
• Kevin P. McDonald, Senior Vice President - Corporate Human Resources
• William R. Brownlie, Senior Vice President, Chief Engineer and Corporate Risk Management Officer
• Richard A. Lemmon, Senior Vice President - Corporate Administration

Tetra Tech's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Leith Wheeler Investment Counsel Ltd. (0.05%). 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, Patrick C Haden, Richard A Lemmon, Richard H Truly, Ronald J Chu, Steven M Burdick and William R Brownlie. View Institutional Ownership Trends for Tetra Tech.

Tetra Tech's stock was purchased by a variety of institutional investors in the last quarter, including Leith Wheeler Investment Counsel Ltd.. View Insider Buying and Selling for Tetra Tech.

Shares of Tetra Tech can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Tetra Tech stock can currently be purchased for approximately $47.65.