Tetra Tech (NASDAQ:TTEK - Get Free Report) posted its earnings results on Wednesday. The industrial products company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.01, Zacks reports. Tetra Tech had a return on equity of 20.64% and a net margin of 6.41%. Tetra Tech updated its Q2 2025 guidance to 0.300-0.330 EPS and its FY 2025 guidance to 1.370-1.520 EPS.
Tetra Tech Price Performance
Shares of Tetra Tech stock traded down $1.10 during trading on Wednesday, reaching $37.67. The company's stock had a trading volume of 4,640,536 shares, compared to its average volume of 2,504,425. Tetra Tech has a 12-month low of $31.61 and a 12-month high of $51.20. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.44. The business has a 50 day moving average price of $40.96 and a 200-day moving average price of $44.28. The company has a market capitalization of $10.10 billion, a P/E ratio of 30.58 and a beta of 0.90.
Tetra Tech Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Wednesday, November 27th were issued a dividend of $0.058 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $0.23 annualized dividend and a yield of 0.62%. Tetra Tech's dividend payout ratio is currently 18.70%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on TTEK shares. Royal Bank of Canada reiterated an "outperform" rating and issued a $52.00 price objective on shares of Tetra Tech in a research note on Friday, November 15th. Robert W. Baird increased their price target on shares of Tetra Tech from $46.00 to $47.00 and gave the stock a "neutral" rating in a research note on Thursday, November 14th. KeyCorp dropped their price objective on shares of Tetra Tech from $56.00 to $49.00 and set an "overweight" rating on the stock in a research note on Friday, November 15th. Finally, StockNews.com lowered Tetra Tech from a "buy" rating to a "hold" rating in a report on Friday, November 15th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Tetra Tech presently has an average rating of "Moderate Buy" and a consensus target price of $49.32.
Check Out Our Latest Analysis on Tetra Tech
About Tetra Tech
(
Get Free Report)
Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project 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.
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