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NASDAQ:TTEK

Tetra Tech (TTEK) Stock Price, News & Analysis

$45.75
-0.61 (-1.32%)
(As of 09/18/2024 ET)

About Tetra Tech Stock (NASDAQ:TTEK)

Key Stats

Today's Range
$45.69
$46.50
50-Day Range
$40.08
$47.55
52-Week Range
$28.67
$48.26
Volume
1.32 million shs
Average Volume
1.36 million shs
Market Capitalization
$12.25 billion
P/E Ratio
9.26
Dividend Yield
0.50%
Price Target
$49.16
Consensus Rating
Moderate Buy

Company Overview

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. 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, project management, and operations and maintenance services; and environmental remediation and reconstruction services, and industrial water treatment services. This segment serves natural resources, energy, and utilities markets, as well as sustainable infrastructure master planning and engineering design for facilities, transportation, and local development projects. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California.

Tetra Tech Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 66th Percentile

Tetra Tech scored higher than 66% of companies evaluated by MarketBeat, and ranked 113th out of 175 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tetra Tech has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Tetra Tech has only been the subject of 3 research reports in the past 90 days.

  • Read more about Tetra Tech's stock forecast and price target.
  • Earnings Growth

    Earnings for Tetra Tech are expected to grow by 16.00% in the coming year, from $1.25 to $1.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tetra Tech is 9.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.17.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tetra Tech is 9.26, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.24.

  • Price to Book Value per Share Ratio

    Tetra Tech has a P/B Ratio of 8.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Tetra Tech's valuation and earnings.
  • Percentage of Shares Shorted

    1.21% of the outstanding shares of Tetra Tech have been sold short.
  • Short Interest Ratio / Days to Cover

    Tetra Tech has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tetra Tech has recently increased by 220.79%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Tetra Tech has a dividend yield of 0.50%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Tetra Tech does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Tetra Tech is 4.66%. 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 15.86% next year. This indicates that Tetra Tech will be able to sustain or increase its dividend.

  • Read more about Tetra Tech's dividend.
  • Percentage of Shares Shorted

    1.21% of the outstanding shares of Tetra Tech have been sold short.
  • Short Interest Ratio / Days to Cover

    Tetra Tech has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tetra Tech has recently increased by 220.79%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Tetra Tech has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 21 news articles for Tetra Tech this week, compared to 5 articles on an average week.
  • Search Interest

    9 people have searched for TTEK on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added Tetra Tech to their MarketBeat watchlist in the last 30 days. This is an increase of 125% compared to the previous 30 days.
  • 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 $10,880,243.00 in company stock.

  • Percentage Held by Insiders

    Only 0.61% of the stock of Tetra Tech is held by insiders.

  • Percentage Held by Institutions

    93.89% of the stock of Tetra Tech is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Tetra Tech's insider trading history.

TTEK Stock News Headlines

StockNews.com Upgrades Tetra Tech (NASDAQ:TTEK) to Buy
War on Elon Escalates…
Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adoption of this technology for decades. By doing so he has put himself in the crosshairs of an ideological war with the global elites. And yet, while this new technology threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
See More Headlines

TTEK Stock Analysis - Frequently Asked Questions

Tetra Tech's stock was trading at $33.3860 at the beginning of 2024. Since then, TTEK shares have increased by 37.0% and is now trading at $45.75.
View the best growth stocks for 2024 here
.

Tetra Tech, Inc. (NASDAQ:TTEK) released its earnings results on Wednesday, July, 31st. The industrial products company reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.01. The firm's revenue for the quarter was up 10.7% compared to the same quarter last year.

Tetra Tech shares split before market open on Monday, September 9th 2024. The 5-1 split was announced on Wednesday, July 31st 2024. The newly minted shares were issued to shareholders after the closing bell on Friday, September 6th 2024. An investor that had 100 shares of stock prior to the split would have 500 shares after the split.

Tetra Tech subsidiaries include these companies: Hoare Lea, The Kaizen Company, Coanda Research & Development Corporation, BlueWater Federal Solutions, WYG Group, eGlobalTech, BridgeNet International Inc, and others.

Top institutional investors of Tetra Tech include Sarasin & Partners LLP (2.15%), Allspring Global Investments Holdings LLC (1.27%), Ninety One UK Ltd (1.24%) and LGT Group Foundation (0.92%). Insiders that own company stock include Leslie L Shoemaker, J Christopher Lewis, Kimberly E Ritrievi, Dan L Batrack, Steven M Burdick, Kirsten M Volpi, J Kenneth Thompson, Preston Hopson III, Brian N Carter, Jill Hudkins, Roger R Argus, William R Brownlie, Brendan M O'rourke and Patrick C Haden.
View institutional ownership trends
.

Shares of TTEK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tetra Tech investors own include RTX (RTX), Pfizer (PFE), AT&T (T), Abbott Laboratories (ABT), Activision Blizzard (ATVI), Gilead Sciences (GILD) and QUALCOMM (QCOM).

Company Calendar

Last Earnings
7/31/2024
Ex-Dividend for 8/30 Dividend
8/15/2024
Dividend Payable
8/30/2024
Today
9/18/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/20/2024

Industry, Sector and Symbol

Industry
Engineering services
Sub-Industry
Environmental & Facilities Services
Current Symbol
NASDAQ:TTEK
CUSIP
88162G10
Employees
27,000
Year Founded
1966

Price Target and Rating

Average Stock Price Target
$49.16
High Stock Price Target
$53.60
Low Stock Price Target
$45.00
Potential Upside/Downside
+7.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$273.42 million
Pretax Margin
8.31%

Debt

Sales & Book Value

Annual Sales
$4.52 billion
Cash Flow
$1.44 per share
Book Value
$5.30 per share

Miscellaneous

Free Float
53,171,000
Market Cap
$12.25 billion
Optionable
Optionable
Beta
0.95

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This page (NASDAQ:TTEK) was last updated on 9/18/2024 by MarketBeat.com Staff
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