Tetra Tech (NASDAQ:TTEK) Hits New 1-Year Low – Should You Sell?

Shares of Tetra Tech, Inc. (NASDAQ:TTEK) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $29.48 and last traded at $29.5330, with a volume of 988771 shares changing hands. The stock had previously closed at $30.29.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on TTEK shares. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a report on Monday, April 20th. Robert W. Baird set a $35.00 target price on shares of Tetra Tech in a report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $41.00.

Tetra Tech Trading Down 5.7%

The stock has a market cap of $7.02 billion, a P/E ratio of 16.20 and a beta of 1.00. The firm’s fifty day moving average price is $31.56 and its two-hundred day moving average price is $33.97. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.25.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1 billion. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The business’s quarterly revenue was down 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.33 earnings per share. 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. As a group, equities research analysts forecast that Tetra Tech, Inc. will post 1.53 EPS for the current year.

Tetra Tech Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Thursday, May 14th will be paid a $0.072 dividend. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, May 14th. Tetra Tech’s payout ratio is currently 15.57%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Capital International Investors increased its stake in Tetra Tech by 27.4% in the fourth quarter. Capital International Investors now owns 9,016,577 shares of the industrial products company’s stock valued at $302,416,000 after acquiring an additional 1,936,902 shares during the last quarter. Sands Capital Management LLC increased its stake in Tetra Tech by 38.0% in the third quarter. Sands Capital Management LLC now owns 7,179,032 shares of the industrial products company’s stock valued at $239,636,000 after acquiring an additional 1,978,697 shares during the last quarter. Alliancebernstein L.P. increased its stake in Tetra Tech by 12.0% in the third quarter. Alliancebernstein L.P. now owns 6,581,244 shares of the industrial products company’s stock valued at $219,682,000 after acquiring an additional 705,673 shares during the last quarter. Geode Capital Management LLC increased its stake in Tetra Tech by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 5,082,342 shares of the industrial products company’s stock valued at $170,496,000 after acquiring an additional 52,375 shares during the last quarter. Finally, Corient Private Wealth LLC increased its stake in Tetra Tech by 84.9% in the second quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after acquiring an additional 1,847,087 shares during 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.