Tetra Tech (NASDAQ:TTEK) Announces FY 2027 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.650-1.800 for the period, compared to the consensus EPS estimate of 1.720. The company issued revenue guidance of $4.4 billion-$4.6 billion, compared to the consensus revenue estimate of $4.5 billion. Tetra Tech also updated its Q1 2027 guidance to 0.360-0.380 EPS.

Analyst Ratings Changes

A number of brokerages recently weighed in on TTEK. Robert W. Baird set a $37.00 price target on shares of Tetra Tech in a research report on Thursday, July 30th. Weiss Ratings upgraded shares of Tetra Tech from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, October 27th. Royal Bank Of Canada decreased their price objective on shares of Tetra Tech from $46.00 to $44.00 and set an “outperform” rating for the company in a report on Thursday, October 15th. KeyCorp reaffirmed an “overweight” rating and issued a $41.00 target price (down from $43.00) on shares of Tetra Tech in a research note on Thursday, October 15th. Finally, Wall Street Zen lowered shares of Tetra Tech from a “buy” rating to a “hold” rating in a report on Saturday, October 17th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Tetra Tech presently has an average rating of “Moderate Buy” and an average price target of $39.00.

Tetra Tech Stock Performance

Shares of TTEK opened at $37.61 on Thursday. Tetra Tech has a 12 month low of $25.81 and a 12 month high of $43.14. The firm has a fifty day simple moving average of $35.94 and a 200 day simple moving average of $33.25. The stock has a market capitalization of $9.63 billion, a price-to-earnings ratio of 22.66 and a beta of 0.86. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Thursday, November 12th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.15 billion. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%. Tetra Tech’s revenue was up 15.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.45 earnings per share. Research analysts forecast that Tetra Tech will post 1.58 EPS for the current fiscal year.

Tetra Tech Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Shareholders of record on Wednesday, December 2nd will be given a dividend of $0.0720 per share. This represents a $0.29 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, December 2nd. Tetra Tech’s payout ratio is 17.47%.

Tetra Tech News Summary

Investors following TTEK have been watching these news items:

• Positive Sentiment: Fiscal 2027 guidance is broadly in line with analyst expectations: EPS of $1.65–$1.80 versus consensus of $1.72, and revenue of $4.4–$4.6 billion versus $4.5 billion expected. The earnings beat and guidance near estimates help explain the positive investor response. Fiscal Q4 results and fiscal 2027 outlook
• Positive Sentiment: The board declared a quarterly dividend of $0.072 per share, payable December 11 to shareholders of record December 2. The annualized dividend is about $0.29 per share. Quarterly dividend announcement
• Negative Sentiment: Near-term guidance is a modest watch point: first-quarter EPS guidance of $0.36–$0.38 tops out at the $0.38 consensus, while revenue guidance of $1.0–$1.1 billion reaches consensus only at the high end. Tetra Tech guidance

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.