Tetra Tech Company Profile (NASDAQ:TTEK)

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

Tetra Tech announced a quarterly dividend on Thursday, May 4th. Stockholders of record on Thursday, May 18th will be given a dividend of $0.10 per share on Friday, June 2nd. This represents a $0.40 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend is Tuesday, May 16th. This is an increase from Tetra Tech's previous quarterly dividend of $0.09. View Tetra Tech's Dividend History.

Tetra Tech, Inc. (NASDAQ:TTEK) announced its earnings results on Wednesday, May, 3rd. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.02. The company earned $511.95 million during the quarter, compared to analysts' expectations of $491.60 million. Tetra Tech had a net margin of 4.04% and a return on equity of 13.70%. The business's revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS. View Tetra Tech's Earnings History.

Tetra Tech is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Tetra Tech.

Tetra Tech issued an update on its third quarter earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $0.50-0.55 for the period, compared to the Thomson Reuters consensus estimate of $0.55. The company issued revenue guidance of $510-540 million, compared to the consensus revenue estimate of $523.41 million.

8 analysts have issued twelve-month target prices for Tetra Tech's shares. Their forecasts range from $35.00 to $58.00. On average, they expect Tetra Tech's share price to reach $47.50 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 Zacks categorized Pollution Control Equipment and Services industry’s average return. Tetra Tech’s robust financial health, strong backlog levels and diligent capital deployment strategies signal brighter days ahead. The company is enjoying steady top-line growth and improved operating efficiency resulting from cost-management initiatives. Going forward, Tetra Tech remains bullish about its growth across all client sectors. 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." (7/10/2017)
• 2. 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 Zebra Technologies Corporation (ZBRA), Metso Oyj (MXCYY), Sonoco Products Company (SON), Colfax Corporation (CFX), Graphic Packaging Holding Company (GPK), Bemis Company (BMS), MSC Industrial Direct Company (MSM), Owens-Illinois (OI), Regal Beloit Corporation (RBC), Timken Company (The) (TKR), Terex Corporation (TEX), Valmont Industries (VMI), Silgan Holdings (SLGN), Barnes Group (B), Worthington Industries (WOR), Belden (BDC), Enersys (ENS) and Kennametal (KMT).

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 variety of of retail and institutional investors. Top institutional shareholders include KAMES CAPITAL plc (1.95%), Value Holdings Management CO. LLC (0.52%), Smith Graham & Co. Investment Advisors LP (0.29%), First National Bank of Omaha (0.05%), Nisa Investment Advisors LLC (0.05%) and Adams Diversified Equity Fund Inc. (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, James R Pagenkopf, 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 sold by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP, Adams Diversified Equity Fund Inc., Independent Portfolio Consultants Inc., OLD National Bancorp IN, Dubuque Bank & Trust Co., Bank of Montreal Can, Capstone Asset Management Co. and US Bancorp DE. Company insiders that have sold Tetra Tech stock in the last year include Albert E Smith, Brian N Carter, Craig L Christensen, Dan L Batrack, Hugh M Grant, J Christopher Lewis, J Kenneth Thompson, Kevin P Mcdonald, Leslie L Shoemaker, Richard A Lemmon, Richard H Truly, Ronald J Chu, Steven M Burdick and William R Brownlie. View Insider Buying and Selling for Tetra Tech.

Tetra Tech's stock was purchased by a variety of institutional investors in the last quarter, including Value Holdings Management CO. LLC, KAMES CAPITAL plc, Insight Capital Research & Management Inc., Legato Capital Management LLC, Fox Run Management L.L.C., State of Alaska Department of Revenue, Leith Wheeler Investment Counsel Ltd. and Aperio Group LLC. 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 $46.85.