Tetra Tech (NASDAQ:TTEK – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.450-0.480 for the period, compared to the consensus estimate of 0.460. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. Tetra Tech also updated its FY 2026 guidance to 1.560-1.590 EPS.
Wall Street Analysts Forecast Growth
TTEK has been the subject of several recent analyst reports. Royal Bank Of Canada lowered their price objective on shares of Tetra Tech from $48.00 to $43.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Weiss Ratings cut Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Wall Street Zen lowered Tetra Tech from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Robert W. Baird set a $35.00 target price on Tetra Tech in a research note on Thursday, April 30th. Finally, National Bank Financial decreased their target price on Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Tetra Tech presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.80.
Read Our Latest Report on Tetra Tech
Tetra Tech Stock Up 0.8%
Tetra Tech (NASDAQ:TTEK – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.03. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same period in the previous year, the firm posted $0.33 EPS. The business’s revenue was down 7.7% on a year-over-year basis. As a group, equities analysts expect that Tetra Tech will post 1.54 EPS for the current fiscal year.
Insider Activity at Tetra Tech
In other news, Director Jeffrey R. Feeler purchased 1,900 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of $26.41 per share, for a total transaction of $50,179.00. Following the completion of the transaction, the director directly owned 1,900 shares of the company’s stock, valued at $50,179. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.49% of the stock is currently owned by insiders.
Institutional Trading of Tetra Tech
A number of hedge funds have recently modified their holdings of the business. EP Wealth Advisors LLC purchased a new position in shares of Tetra Tech during the fourth quarter valued at approximately $287,000. Empowered Funds LLC bought a new position in Tetra Tech in the 4th quarter worth $124,000. Voloridge Investment Management LLC raised its holdings in Tetra Tech by 1,129.5% in the 4th quarter. Voloridge Investment Management LLC now owns 397,500 shares of the industrial products company’s stock worth $13,332,000 after purchasing an additional 365,171 shares during the period. Toronto Dominion Bank purchased a new position in Tetra Tech during the fourth quarter valued at $69,000. Finally, Tudor Investment Corp ET AL grew its holdings in Tetra Tech by 851.8% during the fourth quarter. Tudor Investment Corp ET AL now owns 612,982 shares of the industrial products company’s stock valued at $20,559,000 after purchasing an additional 548,581 shares during the period. Institutional investors own 93.89% of the company’s stock.
Tetra Tech Company Profile
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.
Featured Stories
- Five stocks we like better than Tetra Tech
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Receive News & Ratings for Tetra Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tetra Tech and related companies with MarketBeat.com's FREE daily email newsletter.
