NASDAQ:TTEKTetra Tech Stock Price, Forecast & News

$75.50

-0.16 (-0.21 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$74.58

Now: $75.50▼

$75.99

50-Day Range

$66.55

MA: $74.68▼

$82.49

52-Week Range

$63.61

Now: $75.50▼

$99.34

Volume138,400 shs

Average Volume352,520 shs

Market Capitalization$4.08 billion

P/E Ratio29.04

Dividend Yield0.90%

Beta0.88

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 $91.00, Tetra Tech has a potential upside of 20.5% from its current price of $75.50.
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 435 “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 52.35% “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 0.90%, 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 21.45 %. 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 20.48 % 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 $95,327.00 in company stock.
Percentage Held by Insiders
Only 1.97% of the stock of Tetra Tech is held by insiders.
Percentage Held by Institutions
82.98% of the stock of Tetra Tech is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Tetra Tech are expected to grow by 5.73% in the coming year, from $3.14 to $3.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tetra Tech is 29.04, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tetra Tech is 29.04, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.71.
Price to Earnings Growth Ratio
Tetra Tech has a PEG Ratio of 1.60. 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 4.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.13 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

Webwww.tetratech.com

Phone626-351-4664

Debt

Debt-to-Equity Ratio0.57

Current Ratio1.36

Quick Ratio1.36

Price-To-Earnings

Trailing P/E Ratio29.04

Forward P/E Ratio24.04

P/E Growth1.6

Sales & Book Value

Annual Sales$3.11 billion

Price / Sales1.31

Cash Flow$4.23 per share

Price / Cash Flow17.83

Book Value$18.11 per share

Price / Book4.17

Profitability

EPS (Most Recent Fiscal Year)$3.17

Net Income$158.67 million

Net Margins4.52%

Return on Equity18.64%

Return on Assets8.31%

Miscellaneous

Employees20,000

Outstanding Shares54,026,000

Market Cap$4.08 billion

Next Earnings Date7/29/2020 (Estimated)

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 COVID-19 reached pandemic status according to the World Health Organization. Since then, TTEK shares have decreased by 1.0% and is now trading at $75.50. 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, July 29th 2020. View our earnings forecast for Tetra Tech.

How were Tetra Tech's earnings last quarter?

Tetra Tech, Inc. (NASDAQ:TTEK) announced its quarterly earnings results on Wednesday, April, 29th. The industrial products company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.72 by $0.01. The industrial products company had revenue of $584.50 million for the quarter, compared to the consensus estimate of $599.79 million. Tetra Tech had a net margin of 4.52% and a return on equity of 18.64%. The firm's quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $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 declared a quarterly dividend on Wednesday, April 29th. Stockholders of record on Wednesday, May 13th will be paid a dividend of $0.17 per share on Friday, May 29th. This represents a $0.68 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Tuesday, May 12th. This is a positive change from Tetra Tech's previous quarterly dividend of $0.15. View Tetra Tech's dividend history.

What price target have analysts set for TTEK?

6 equities research analysts have issued 12 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 $91.00 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price. View analysts' price targets for Tetra Tech.

Has Tetra Tech been receiving favorable news coverage?

Media headlines about TTEK stock have trended negative on Tuesday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog 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 news sentiment score of -2.7 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutTetra Tech.

Are investors shorting Tetra Tech?

Tetra Tech saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 606,200 shares, a decline of 9.1% from the April 30th total of 666,800 shares. Based on an average daily volume of 391,300 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.1% of the company's stock 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), CECO Environmental (CECE), Team (TISI), Acorn Energy (ACFN) and Metalico (MEA). View all competitors.

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), Cisco Systems (CSCO), NVIDIA (NVDA), Activision Blizzard (ATVI), Lockheed Martin (LMT), AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Abbott Laboratories (ABT) and Gilead Sciences (GILD).

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (11.83%), State Street Corp (3.22%), Pictet Asset Management Ltd. (2.03%), Alliancebernstein L.P. (1.92%), Wells Fargo & Company MN (1.85%) and KAMES CAPITAL plc (1.66%). 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 selling Tetra Tech stock?

TTEK stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., KBC Group NV, Morgan Stanley, Tributary Capital Management LLC, UBS Group AG, KAMES CAPITAL plc, Rice Hall James & Associates LLC, and First Wilshire Securities Management Inc.. Company insiders that have sold Tetra Tech company stock in the last year include Brian N Carter, Craig L Christensen, Dan L Batrack, Derek G Amidon, Hugh M Grant, J Christopher Lewis, J Kenneth Thompson, Kimberly E Ritrievi, Kirsten M Volpi, Leslie L Shoemaker, Mark A Rynning, Patrick C Haden, Richard A Lemmon, Roger R Argus, and Steven M Burdick. View insider buying and selling activity 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 Pictet Asset Management Ltd., Redwood Investments LLC, Neumeier Poma Investment Counsel LLC, AQR Capital Management LLC, Squarepoint Ops LLC, Geode Capital Management LLC, Lord Abbett & CO. LLC, and Alliancebernstein L.P.. 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 $75.50.

How big of a company is Tetra Tech?

Tetra Tech has a market capitalization of $4.08 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.

What is Tetra Tech's official website?

The official website for Tetra Tech is 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 5/26/2020 by MarketBeat.com Staff