Brokerages Set Tetra Tech, Inc. (NASDAQ:TTEK) Price Target at $38.25

Tetra Tech, Inc. (NASDAQ:TTEKGet Free Report) has received an average recommendation of “Moderate Buy” from the five analysts that are presently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $38.25.

A number of equities analysts recently weighed in on the stock. National Bank Financial lowered their target price on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating on the stock in a report on Monday, July 13th. Robert W. Baird set a $37.00 price target on shares of Tetra Tech in a research note on Thursday, July 30th. Weiss Ratings raised shares of Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Wall Street Zen lowered shares of Tetra Tech from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. Finally, Royal Bank Of Canada dropped their target price on shares of Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd.

View Our Latest Stock Analysis on Tetra Tech

Institutional Trading of Tetra Tech

A number of hedge funds have recently made changes to their positions in TTEK. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Tetra Tech by 2.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 14,335 shares of the industrial products company’s stock worth $414,000 after acquiring an additional 285 shares during the period. First Horizon Corp raised its stake in Tetra Tech by 50.4% in the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 295 shares during the period. Optas LLC raised its stake in Tetra Tech by 2.6% in the 1st quarter. Optas LLC now owns 12,803 shares of the industrial products company’s stock valued at $386,000 after acquiring an additional 330 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in Tetra Tech by 63.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 341 shares during the last quarter. Finally, Larson Financial Group LLC lifted its holdings in Tetra Tech by 26.9% during the 4th quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company’s stock valued at $57,000 after purchasing an additional 358 shares during the last quarter. 93.89% of the stock is owned by institutional investors and hedge funds.

Tetra Tech Stock Down 0.3%

TTEK stock opened at $36.54 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. The business has a 50 day moving average price of $32.74 and a two-hundred day moving average price of $31.80. The company has a market cap of $9.36 billion, a price-to-earnings ratio of 22.01 and a beta of 0.90. Tetra Tech has a twelve month low of $25.81 and a twelve month high of $43.14.

Tetra Tech (NASDAQ:TTEKGet Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%.The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the firm earned $0.43 EPS. The business’s quarterly revenue was down 4.4% on a year-over-year basis. 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. Analysts anticipate that Tetra Tech will post 1.58 EPS for the current fiscal year.

Tetra Tech Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were issued a dividend of $0.072 per share. The ex-dividend date was Thursday, August 13th. This represents a $0.29 dividend on an annualized basis and a yield of 0.8%. Tetra Tech’s dividend payout ratio (DPR) is presently 16.87%.

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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