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

Tetra Tech (NASDAQ:TTEK) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.400-1.550 for the period, compared to the consensus EPS estimate of 1.490. The company issued revenue guidance of $4.1 billion-$4.3 billion, compared to the consensus revenue estimate of $4.3 billion. Tetra Tech also updated its Q1 2026 guidance to 0.300-0.330 EPS.

Tetra Tech Trading Up 1.5%

TTEK stock traded up $0.47 during trading on Wednesday, reaching $32.46. 2,310,082 shares of the stock were exchanged, compared to its average volume of 2,378,282. The business has a 50 day moving average price of $33.94 and a 200-day moving average price of $35.11. Tetra Tech has a 1 year low of $27.27 and a 1 year high of $48.30. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $8.53 billion, a price-to-earnings ratio of 40.57 and a beta of 0.96.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. KeyCorp lifted their price objective on Tetra Tech from $41.00 to $43.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, October 8th. Northcoast Research reissued a “neutral” rating on shares of Tetra Tech in a research report on Wednesday, October 1st. National Bank Financial started coverage on shares of Tetra Tech in a research report on Wednesday, October 8th. They set an “outperform” rating and a $41.00 price objective for the company. Finally, Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a research note on Saturday, October 25th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $41.00.

Insider Transactions at Tetra Tech

In other Tetra Tech news, Director Gary Birkenbeuel sold 2,390 shares of Tetra Tech stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $36.00, for a total transaction of $86,040.00. Following the transaction, the director owned 37,725 shares of the company’s stock, valued at $1,358,100. The trade was a 5.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Tetra Tech

A number of institutional investors have recently modified their holdings of TTEK. Corient Private Wealth LLC raised its position in Tetra Tech by 84.9% in the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after purchasing an additional 1,847,087 shares during the last quarter. Ameriprise Financial Inc. increased its position in Tetra Tech by 57.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,396,981 shares of the industrial products company’s stock valued at $86,195,000 after acquiring an additional 873,172 shares during the period. Goldman Sachs Group Inc. raised its stake in Tetra Tech by 136.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock valued at $48,507,000 after acquiring an additional 957,050 shares during the last quarter. Quantinno Capital Management LP lifted its position in Tetra Tech by 109.4% during the 2nd quarter. Quantinno Capital Management LP now owns 792,149 shares of the industrial products company’s stock worth $28,486,000 after acquiring an additional 413,890 shares during the period. Finally, California Public Employees Retirement System grew its stake in shares of Tetra Tech by 4.5% in the 2nd quarter. California Public Employees Retirement System now owns 506,129 shares of the industrial products company’s stock valued at $18,200,000 after purchasing an additional 21,565 shares during the last quarter. 93.89% of the stock is owned by institutional investors and hedge funds.

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.