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

Tetra Tech, Inc. (NASDAQ:TTEK) has earned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $38.80.

A number of analysts have commented on the stock. National Bank Financial lowered their target price 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. Weiss Ratings lowered Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Wall Street Zen cut Tetra Tech from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Robert W. Baird set a $35.00 price objective on Tetra Tech in a report on Thursday, April 30th. Finally, Royal Bank Of Canada cut their target price on Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd.

Insider Activity at Tetra Tech

In related news, Director Jeffrey R. Feeler purchased 1,900 shares of the stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of $26.41 per share, with a total value of $50,179.00. Following the purchase, the director directly owned 1,900 shares in the company, valued at $50,179. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.49% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. First Horizon Corp grew its holdings in Tetra Tech by 50.4% during the fourth 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 grew 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 acquiring an additional 341 shares during the period. OP Asset Management Ltd bought a new stake in shares of Tetra Tech in the first quarter worth about $34,000. Evelyn Partners Investment Management Services Ltd acquired a new stake in shares of Tetra Tech during the first quarter worth about $35,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Tetra Tech by 136.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 751 shares in the last quarter. Institutional investors own 93.89% of the company’s stock.

Tetra Tech Stock Up 0.6%

Shares of NASDAQ TTEK opened at $31.89 on Tuesday. Tetra Tech has a 1 year low of $25.81 and a 1 year high of $43.14. The firm’s 50-day moving average is $29.05 and its 200-day moving average is $32.09. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $8.28 billion, a PE ratio of 19.10 and a beta of 0.92.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1 billion. During the same period in the previous year, the firm posted $0.33 earnings per share. Tetra Tech’s revenue for the quarter was down 7.7% compared to the same quarter last year. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. Equities analysts expect that Tetra Tech will post 1.54 EPS for the current year.

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.