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

Shares of Tetra Tech, Inc. (NASDAQ:TTEK) have received an average rating of “Moderate Buy” from the seven research firms that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $42.20.

Several research firms have commented on TTEK. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Northcoast Research raised shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective on the stock in a research report on Thursday, November 13th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $48.00 target price (up from $47.00) on shares of Tetra Tech in a report on Friday, November 14th. 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 report on Thursday, November 13th. Finally, National Bank Financial started coverage on shares of Tetra Tech in a report on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price objective for the company.

Institutional Trading of Tetra Tech

Institutional investors have recently made changes to their positions in the stock. FORA Capital LLC purchased a new position in shares of Tetra Tech during the 1st quarter valued at $442,000. Parallel Advisors LLC raised its holdings in Tetra Tech by 38.7% during the second quarter. Parallel Advisors LLC now owns 4,408 shares of the industrial products company’s stock valued at $159,000 after acquiring an additional 1,231 shares during the period. Ameriprise Financial Inc. raised its holdings in Tetra Tech by 75.8% during the first quarter. Ameriprise Financial Inc. now owns 1,523,809 shares of the industrial products company’s stock valued at $44,571,000 after acquiring an additional 656,872 shares during the period. King Luther Capital Management Corp lifted its position in shares of Tetra Tech by 6.8% in the second quarter. King Luther Capital Management Corp now owns 1,643,157 shares of the industrial products company’s stock valued at $59,088,000 after acquiring an additional 105,286 shares in the last quarter. Finally, Value Holdings Management CO. LLC boosted its stake in shares of Tetra Tech by 1.4% in the first quarter. Value Holdings Management CO. LLC now owns 907,325 shares of the industrial products company’s stock worth $26,539,000 after acquiring an additional 12,500 shares during the period. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Tetra Tech Trading Down 0.5%

NASDAQ:TTEK opened at $34.56 on Monday. The firm has a market capitalization of $9.01 billion, a P/E ratio of 37.16 and a beta of 0.88. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18. Tetra Tech has a one year low of $27.27 and a one year high of $42.98. The company’s 50-day simple moving average is $33.76 and its 200 day simple moving average is $35.23.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.05. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.06 billion. Tetra Tech had a net margin of 4.55% and a return on equity of 25.79%. The business’s revenue was up 1.6% on a year-over-year basis. During the same period last year, the business 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. As a group, analysts forecast that Tetra Tech will post 1.37 EPS for the current fiscal year.

Tetra Tech Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Monday, December 1st were given a dividend of $0.065 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.26 annualized dividend and a dividend yield of 0.8%. Tetra Tech’s dividend payout ratio (DPR) is 27.96%.

Tetra Tech Company Profile

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.