Tetra Tech, Inc. (NASDAQ:TTEK) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Tetra Tech, Inc. (NASDAQ:TTEK) have earned a consensus recommendation of “Moderate Buy” from the five ratings firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $38.25.

Several research analysts recently issued reports on the stock. Robert W. Baird set a $37.00 price target on shares of Tetra Tech in a research report on Thursday. National Bank Financial lowered their price target on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Royal Bank Of Canada dropped 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 report on Wednesday, July 22nd. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Weiss Ratings lowered Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th.

Tetra Tech Stock Performance

NASDAQ:TTEK opened at $33.83 on Tuesday. Tetra Tech has a 1 year low of $25.81 and a 1 year high of $43.14. The firm has a 50 day moving average of $29.64 and a 200-day moving average of $32.01. The company has a current ratio of 1.18, a quick ratio of 1.25 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $8.78 billion, a P/E ratio of 20.38 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK) last released its quarterly 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 analyst estimates of $1.08 billion. During the same period in the prior year, the company earned $0.43 EPS. Tetra Tech’s revenue for the quarter 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. As a group, sell-side analysts anticipate that Tetra Tech will post 1.58 EPS for the current fiscal year.

Tetra Tech Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be given a $0.072 dividend. This represents a $0.29 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Thursday, August 13th. Tetra Tech’s dividend payout ratio (DPR) is presently 17.47%.

Insider Activity at Tetra Tech

In other Tetra Tech news, Director Jeffrey R. Feeler purchased 1,900 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average cost of $26.41 per share, with a total value of $50,179.00. Following the completion of the purchase, the director directly owned 1,900 shares in the company, valued at approximately $50,179. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.49% of the stock is currently owned by corporate insiders.

Institutional Trading of Tetra Tech

Institutional investors have recently bought and sold shares of the business. First Horizon Corp lifted its stake in shares of 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 purchasing an additional 295 shares during the period. CIBC Private Wealth Group LLC lifted its stake in Tetra Tech by 63.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after buying an additional 341 shares during the period. OP Asset Management Ltd bought a new stake in shares of Tetra Tech in the 1st quarter valued at about $34,000. Evelyn Partners Investment Management Services Ltd acquired a new stake in shares of Tetra Tech in the 1st quarter valued at approximately $35,000. Finally, Geneos Wealth Management Inc. raised its position in shares of Tetra Tech by 136.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 751 shares during the period. Institutional investors and hedge funds 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.