Analysts Set Tetra Tech, Inc. (NASDAQ:TTEK) PT at $42.60

Tetra Tech, Inc. (NASDAQ:TTEK) has received a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $42.60.

Several brokerages recently weighed in on TTEK. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Robert W. Baird set a $43.00 price target on shares of Tetra Tech in a research note on Thursday, January 29th. Royal Bank Of Canada reissued an “outperform” rating and set a $48.00 price target (up from $47.00) on shares of Tetra Tech in a research report on Friday, November 14th. Finally, Northcoast Research upgraded shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective on the stock in a report on Thursday, November 13th.

Tetra Tech Trading Down 0.0%

Shares of TTEK opened at $40.70 on Tuesday. Tetra Tech has a 1-year low of $27.27 and a 1-year high of $41.32. The company has a current ratio of 1.31, a quick ratio of 1.18 and a debt-to-equity ratio of 0.45. The firm’s 50-day moving average price is $35.57 and its 200-day moving average price is $35.22. The firm has a market capitalization of $10.61 billion, a price-to-earnings ratio of 30.60 and a beta of 0.91.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.31 by $0.04. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $974.28 million. During the same period last year, the business posted $0.35 earnings per share. Tetra Tech’s quarterly revenue was down 13.4% compared to the same quarter last year. Tetra Tech has set its Q2 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.460-1.560 EPS. Sell-side analysts anticipate that Tetra Tech will post 1.37 EPS for the current year.

Tetra Tech Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Thursday, February 12th will be paid a $0.065 dividend. The ex-dividend date is Thursday, February 12th. This represents a $0.26 annualized dividend and a dividend yield of 0.6%. Tetra Tech’s dividend payout ratio is presently 19.55%.

Institutional Investors Weigh In On Tetra Tech

Institutional investors have recently modified their holdings of the stock. Bfsg LLC bought a new position in shares of Tetra Tech in the third quarter worth approximately $25,000. Financial Consulate Inc. purchased a new position in Tetra Tech in the 3rd quarter worth approximately $26,000. MAI Capital Management lifted its position in Tetra Tech by 68.1% in the 2nd quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 344 shares in the last quarter. First Horizon Corp boosted its stake in Tetra Tech by 50.4% during 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 last quarter. Finally, Root Financial Partners LLC bought a new stake in shares of Tetra Tech in the 3rd quarter worth $30,000. 93.89% of the stock is owned by hedge funds and other institutional investors.

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.