Tetra Tech (NASDAQ:TTEK) Issues FY 2026 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.460-1.560 for the period, compared to the consensus EPS estimate of 1.490. The company issued revenue guidance of $4.2 billion-$4.3 billion, compared to the consensus revenue estimate of $4.2 billion. Tetra Tech also updated its Q2 2026 guidance to 0.300-0.330 EPS.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on TTEK shares. Robert W. Baird lifted their target price on shares of Tetra Tech from $40.00 to $41.00 and gave the stock a “neutral” rating in a report on Thursday, November 13th. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Royal Bank Of Canada restated an “outperform” rating and set a $48.00 target price (up previously from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Finally, Northcoast Research raised Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective for the company in a research report on Thursday, November 13th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $42.20.

Tetra Tech Stock Performance

Shares of TTEK traded down $0.23 on Wednesday, reaching $37.10. 2,679,391 shares of the stock traded hands, compared to its average volume of 2,032,621. The stock’s 50-day moving average price is $34.94 and its 200-day moving average price is $35.13. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18. The firm has a market cap of $9.69 billion, a price-to-earnings ratio of 39.89 and a beta of 0.90. Tetra Tech has a 12 month low of $27.27 and a 12 month high of $38.78.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. Tetra Tech had a net margin of 4.55% and a return on equity of 25.79%. The firm had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $974.28 million. 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. Equities analysts forecast that Tetra Tech will post 1.37 EPS for the current fiscal year.

Tetra Tech Announces Dividend

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

Hedge Funds Weigh In On Tetra Tech

Hedge funds and other institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. raised its stake in Tetra Tech by 136.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after acquiring an additional 751 shares in the last quarter. Danske Bank A S bought a new stake in shares of Tetra Tech in the 3rd quarter worth about $53,000. Wilmington Savings Fund Society FSB increased its position in shares of Tetra Tech by 84.0% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,755 shares of the industrial products company’s stock worth $59,000 after purchasing an additional 801 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Tetra Tech by 754.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock valued at $67,000 after purchasing an additional 1,638 shares during the last quarter. Finally, Brown Brothers Harriman & Co. boosted its position in Tetra Tech by 22.6% in the third quarter. Brown Brothers Harriman & Co. now owns 4,626 shares of the industrial products company’s stock valued at $154,000 after buying an additional 853 shares in the last quarter. Institutional investors own 93.89% of the company’s stock.

About Tetra Tech

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.