Tetra Tech, Inc. (NASDAQ:TTEK) Receives Average Recommendation of “Moderate Buy” from Analysts

Tetra Tech, Inc. (NASDAQ:TTEKGet Free Report) has been given an average recommendation of “Moderate Buy” by the six brokerages that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $41.00.

Several research analysts have weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tetra Tech in a research note on Monday, April 20th. Robert W. Baird set a $35.00 target price on shares of Tetra Tech in a research note on Thursday, April 30th.

Get Our Latest Stock Analysis on Tetra Tech

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Capital International Investors boosted its stake in shares of Tetra Tech by 249.1% in the third quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock valued at $236,320,000 after purchasing an additional 5,051,485 shares during the period. Norges Bank purchased a new position in shares of Tetra Tech in the fourth quarter valued at approximately $115,162,000. Impax Asset Management Group plc purchased a new position in shares of Tetra Tech in the fourth quarter valued at approximately $107,603,000. AQR Capital Management LLC boosted its stake in shares of Tetra Tech by 351.6% in the fourth quarter. AQR Capital Management LLC now owns 2,875,372 shares of the industrial products company’s stock valued at $96,440,000 after purchasing an additional 2,238,721 shares during the period. Finally, Sands Capital Management LLC boosted its stake in shares of Tetra Tech by 38.0% in the third quarter. Sands Capital Management LLC now owns 7,179,032 shares of the industrial products company’s stock valued at $239,636,000 after purchasing an additional 1,978,697 shares during the period. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Tetra Tech Trading Down 5.7%

Shares of TTEK stock opened at $27.06 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.25. The firm has a market cap of $7.02 billion, a PE ratio of 16.20 and a beta of 1.00. The company has a 50-day moving average of $31.56 and a two-hundred day moving average of $33.97. Tetra Tech has a 1-year low of $26.45 and a 1-year high of $43.14.

Tetra Tech (NASDAQ:TTEKGet Free Report) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1 billion. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. Tetra Tech’s revenue was down 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.33 earnings per share. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. On average, analysts predict that Tetra Tech will post 1.53 EPS for the current year.

Tetra Tech Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 14th will be paid a dividend of $0.072 per share. This represents a $0.29 annualized dividend and a yield of 1.1%. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Thursday, May 14th. Tetra Tech’s payout ratio is 16.77%.

Tetra Tech Company Profile

(Get Free Report)

Tetra Tech, Inc is a leading provider of consulting and engineering services with a focus on water, environment, infrastructure, resource management and energy sectors. Headquartered in Pasadena, California, the company delivers end-to-end solutions that encompass planning, design, engineering, program management and construction management. Tetra Tech’s multidisciplinary teams integrate science, technology and advisory services to address complex challenges in areas such as water resources, environmental remediation, sustainable infrastructure and renewable energy.

The company’s core offerings include environmental assessments and cleanup, water treatment and reuse, coastal and marine engineering, climate resilience planning, and engineering design for transportation and built environments.

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Analyst Recommendations for Tetra Tech (NASDAQ:TTEK)

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