Tetra Tech (NASDAQ:TTEK – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.560-1.590 for the period, compared to the consensus earnings per share estimate of 1.540. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.3 billion. Tetra Tech also updated its Q4 2026 guidance to 0.450-0.480 EPS.
Tetra Tech Stock Up 0.8%
TTEK traded up $0.27 during trading hours on Wednesday, reaching $33.78. 7,107,823 shares of the stock traded hands, compared to its average volume of 3,171,441. The firm’s fifty day simple moving average is $29.18 and its two-hundred day simple moving average is $32.09. The company has a market cap of $8.77 billion, a price-to-earnings ratio of 20.23 and a beta of 0.92. Tetra Tech has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.25.
Tetra Tech (NASDAQ:TTEK – Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.08 billion. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. 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 forecast that Tetra Tech will post 1.54 earnings per share for the current fiscal year.
Analyst Ratings Changes
Get Our Latest Analysis on TTEK
Insider Buying and Selling
In related news, Director Jeffrey R. Feeler bought 1,900 shares of the stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of $26.41 per share, with a total value of $50,179.00. Following the completion of the acquisition, the director owned 1,900 shares of the company’s stock, valued at $50,179. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.49% of the stock is currently owned by insiders.
Tetra Tech News Roundup
Here are the key news stories impacting Tetra Tech this week:
- Positive Sentiment: Third-quarter revenue reached $1.31 billion, while net revenue was $1.11 billion. Revenue excluding USAID, Department of State and episodic disaster-response work increased 8% year over year. Tetra Tech Reports Strong Third Quarter 2026 Results
- Positive Sentiment: Adjusted earnings per share were $0.42, exceeding the $0.40 analyst consensus, while operating income was $158 million and EBITDA was $173 million. Tetra Tech Earnings Press Release
- Positive Sentiment: Backlog rose 5% sequentially to $4.49 billion, supporting expectations for continued demand in water, environmental and sustainable-infrastructure services. Tetra Tech Reports Strong Third Quarter 2026 Results
- Positive Sentiment: Tetra Tech increased fiscal 2026 EPS guidance to $1.56-$1.59, above the $1.54 consensus estimate. Full-year revenue guidance of $4.3-$4.4 billion was broadly in line with expectations, but the earnings outlook provides a favorable catalyst. Tetra Tech Boosts Guidance Amid Strong Q3 Performance
- Neutral Sentiment: Fourth-quarter guidance calls for EPS of $0.45-$0.48 versus a $0.46 consensus and revenue of $1.1-$1.2 billion versus a $1.2 billion consensus, indicating expectations for a solid but less pronounced near-term contribution.
Institutional Trading of Tetra Tech
Several large investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC increased its holdings in shares of Tetra Tech by 351.6% during 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. Corient Private Wealth LLC raised its position in shares of Tetra Tech by 84.9% during the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock worth $147,095,000 after buying an additional 1,847,087 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Tetra Tech by 136.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock worth $48,507,000 after acquiring an additional 957,050 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Tetra Tech by 57.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,396,981 shares of the industrial products company’s stock worth $86,195,000 after acquiring an additional 873,172 shares during the period. Finally, Nuveen LLC increased its stake in shares of Tetra Tech by 130.8% during the fourth quarter. Nuveen LLC now owns 1,216,328 shares of the industrial products company’s stock valued at $40,796,000 after acquiring an additional 689,217 shares during the period. 93.89% of the stock is currently owned by institutional investors and hedge funds.
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.
