Tetra Tech (NASDAQ:TTEK – Get Free Report) issued an update on its first quarter 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.360-0.380 for the period, compared to the consensus EPS estimate of 0.380. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Tetra Tech also updated its FY 2027 guidance to 1.650-1.800 EPS.
Tetra Tech Stock Down 7.5%
Tetra Tech stock traded down $3.04 during trading hours on Wednesday, hitting $37.61. 11,526,555 shares of the stock traded hands, compared to its average volume of 2,922,801. Tetra Tech has a one year low of $25.81 and a one year high of $43.14. The firm’s 50-day moving average price is $35.90 and its two-hundred day moving average price is $33.25. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. The company has a market cap of $9.63 billion, a PE ratio of 22.66 and a beta of 0.86.
Tetra Tech (NASDAQ:TTEK – Get Free Report) last announced its earnings results on Wednesday, November 11th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%. Tetra Tech has set its FY 2027 guidance at 1.650-1.800 EPS and its Q1 2027 guidance at 0.360-0.380 EPS. On average, research analysts forecast that Tetra Tech will post 1.58 EPS for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on the company. Robert W. Baird set a $37.00 price objective on Tetra Tech in a report on Thursday, July 30th. KeyCorp restated an “overweight” rating and set a $41.00 target price (down from $43.00) on shares of Tetra Tech in a report on Thursday, October 15th. Wall Street Zen cut shares of Tetra Tech from a “buy” rating to a “hold” rating in a report on Saturday, October 17th. Royal Bank Of Canada reduced their target price on shares of Tetra Tech from $46.00 to $44.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Finally, Weiss Ratings upgraded shares of Tetra Tech from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, October 27th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $39.00.
Check Out Our Latest Analysis on TTEK
Recent Tetra Tech Headlines
Investors following TTEK have been watching these headlines:
- Positive Sentiment: Tetra Tech reported fourth-quarter revenue of $1.34 billion and net revenue of $1.15 billion, up 5% year over year. Quarterly EPS was $0.49, topping the $0.47 consensus estimate. Tetra Tech Reports Strong Fourth Quarter and Fiscal Year 2026 Results
- Neutral Sentiment: For fiscal 2027, the company forecast EPS of $1.65–$1.80 and revenue of $4.4–$4.6 billion. The midpoint of each range is close to analyst consensus, suggesting the full-year outlook was broadly in line.
- Negative Sentiment: First-quarter 2027 guidance came in below consensus at the midpoint: EPS of $0.36–$0.38 versus $0.38 expected, and revenue of $1.0–$1.1 billion versus $1.1 billion expected. This near-term shortfall may weigh on sentiment despite the strong reported quarter.
About Tetra Tech
Tetra Tech, Inc. is a consulting and engineering services company founded in 1966. It works with government and commercial clients on projects involving water, the environment, infrastructure, energy, and resource management. The company provides services across the project lifecycle, including planning, consulting, engineering, design, and program and construction management. Its work includes water supply and wastewater systems, environmental assessment and remediation, infrastructure development, and climate resilience.
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