Tetra Tech, Inc. (NASDAQ:TTEK) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Tetra Tech, Inc. (NASDAQ:TTEKGet Free Report) have been given a consensus rating of “Moderate Buy” by the seven brokerages that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $42.20.

Several research firms have recently weighed in on TTEK. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, October 8th. Robert W. Baird increased their price target on shares of Tetra Tech from $40.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Northcoast Research upgraded Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a report on Thursday, November 13th. Royal Bank Of Canada restated an “outperform” rating and set a $48.00 price target (up from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Finally, Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd.

Check Out Our Latest Report on Tetra Tech

Tetra Tech Stock Up 5.1%

Shares of TTEK opened at $35.50 on Friday. Tetra Tech has a one year low of $27.27 and a one year high of $42.98. The stock has a market capitalization of $9.26 billion, a price-to-earnings ratio of 38.17 and a beta of 0.90. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a 50 day moving average price of $34.08 and a 200 day moving average price of $35.08.

Tetra Tech (NASDAQ:TTEKGet Free Report) last announced its earnings results on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.05. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.06 billion. Tetra Tech had a return on equity of 25.79% and a net margin of 4.55%.The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.38 earnings per share. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.400-1.550 EPS. Equities research analysts forecast that Tetra Tech will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Monday, December 1st were given a $0.065 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.26 annualized dividend and a dividend yield of 0.7%. Tetra Tech’s payout ratio is presently 27.96%.

Institutional Trading of Tetra Tech

Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC acquired a new stake in Tetra Tech in the 4th quarter valued at approximately $225,000. Vident Advisory LLC bought a new stake in Tetra Tech during the first quarter worth approximately $206,000. AQR Capital Management LLC boosted its position in shares of Tetra Tech by 451.6% during the 1st quarter. AQR Capital Management LLC now owns 145,077 shares of the industrial products company’s stock valued at $4,204,000 after purchasing an additional 118,774 shares in the last quarter. UniSuper Management Pty Ltd acquired a new position in shares of Tetra Tech in the 1st quarter worth approximately $605,000. Finally, Jones Financial Companies Lllp grew its holdings in shares of Tetra Tech by 6,847.2% in the 1st quarter. Jones Financial Companies Lllp now owns 69,472 shares of the industrial products company’s stock worth $2,032,000 after acquiring an additional 68,472 shares during the last quarter. Institutional investors own 93.89% of the company’s stock.

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.

See Also

Analyst Recommendations for Tetra Tech (NASDAQ:TTEK)

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.