NASDAQ:TTEKTetra Tech Stock Price, Forecast & News

Tetra Tech's stock was trading at $76.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TTEK stock has increased by 3.5% and is now trading at $78.95. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tetra Tech in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tetra Tech.

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

Tetra Tech, Inc. (NASDAQ:TTEK) released its earnings results on Wednesday, April, 29th. The industrial products company reported $0.73 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.72 by $0.01. The industrial products company had revenue of $584.50 million for the quarter, compared to analysts' expectations of $599.79 million. Tetra Tech had a net margin of 4.52% and a return on equity of 18.64%. The firm's revenue for the quarter was down .2% compared to the same quarter last year. During the same period last year, the business earned $0.70 EPS. View Tetra Tech's earnings history.

Tetra Tech announced a quarterly dividend on Wednesday, April 29th. Shareholders of record on Wednesday, May 13th will be given a dividend of $0.17 per share on Friday, May 29th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date 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.

Tetra Tech issued an update on its third quarter 2020 After-Hours earnings guidance on Tuesday, June, 9th. The company provided EPS guidance of 0.72-0.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.68. The company issued revenue guidance of $540-560 million, compared to the consensus revenue estimate of $567.25 million.

7 brokerages have issued 12 month target prices for Tetra Tech's stock. Their forecasts range from $72.00 to $107.00. On average, they expect Tetra Tech's share price to reach $93.00 in the next year. This suggests a possible upside of 17.8% from the stock's current price. View analysts' price targets for Tetra Tech.

News headlines about TTEK stock have trended negative on Thursday, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tetra Tech earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave news stories 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 impact on the company's share price in the near term. View the latest news about Tetra Tech.

Tetra Tech saw a decline in short interest in June. As of June 30th, there was short interest totaling 589,600 shares, a decline of 13.6% from the June 15th total of 682,300 shares. Based on an average daily volume of 351,400 shares, the short-interest ratio is currently 1.7 days. Currently, 1.1% of the company's shares are short sold. View Tetra Tech's Current Options Chain.

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.

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).

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

Tetra Tech's stock is owned by many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.17%), Renaissance Investment Group LLC (0.10%) and Private Trust Co. NA (0.01%). 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.

TTEK stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Investment Group LLC, Envestnet Asset Management Inc., and Private Trust Co. NA. View insider buying and selling activity for 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.

One share of TTEK stock can currently be purchased for approximately $78.95.

Tetra Tech has a market capitalization of $4.27 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.

The official website for Tetra Tech is www.tetratech.com.

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]