Tetra Tech, Inc. Declares Quarterly Dividend of $0.07 (NASDAQ:TTEK)

Tetra Tech, Inc. (NASDAQ:TTEK – Get Free Report) declared a quarterly dividend on Monday, July 27th. Shareholders of record on Thursday, August 13th will be given a dividend of 0.072 per share by the industrial products company on Thursday, August 27th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, August 13th.

Tetra Tech has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 11 years. Tetra Tech has a payout ratio of 18.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Tetra Tech to earn $1.76 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 15.9%.

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Tetra Tech Stock Performance

NASDAQ TTEK opened at $35.04 on Tuesday. The company has a fifty day moving average of $30.35 and a two-hundred day moving average of $31.94. The company has a market capitalization of $8.97 billion, a PE ratio of 21.11 and a beta of 0.90. Tetra Tech has a 1 year low of $25.81 and a 1 year high of $43.14. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18.

Tetra Tech (NASDAQ:TTEK – Get Free Report) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%.The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the previous year, the firm earned $0.43 earnings per share. The business’s revenue was down 4.4% compared to the same quarter last year. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. As a group, analysts expect that Tetra Tech will post 1.58 earnings per share for the current year.

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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