Tetra Tech, Inc. (NASDAQ:TTEK) Receives $42.20 Consensus Target Price from Analysts

Shares of Tetra Tech, Inc. (NASDAQ:TTEK) have been assigned an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $42.20.

TTEK has been the topic of a number of recent analyst reports. National Bank Financial began coverage on shares of Tetra Tech in a research report on Wednesday, October 8th. They set an “outperform” rating and a $41.00 price target on the stock. Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Robert W. Baird raised their price target on Tetra Tech from $40.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday, November 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, October 8th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $48.00 target price (up from $47.00) on shares of Tetra Tech in a report on Friday, November 14th.

Tetra Tech Price Performance

Shares of TTEK stock opened at $37.17 on Friday. The firm’s 50 day moving average price is $34.51 and its two-hundred day moving average price is $35.11. The stock has a market cap of $9.71 billion, a PE ratio of 39.97 and a beta of 0.90. Tetra Tech has a 52-week low of $27.27 and a 52-week high of $42.98. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data on Wednesday, November 12th. The industrial products company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.05. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.06 billion. Tetra Tech had a return on equity of 25.79% and a net margin of 4.55%.The firm’s revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.38 earnings per share. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.400-1.550 EPS. As a group, analysts forecast that Tetra Tech will post 1.37 EPS for the current year.

Tetra Tech Announces Dividend

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

Institutional Trading of Tetra Tech

A number of institutional investors have recently modified their holdings of the company. Bfsg LLC purchased a new stake in shares of Tetra Tech during the third quarter worth $25,000. Financial Consulate Inc. acquired a new position in shares of Tetra Tech during the 3rd quarter worth approximately $26,000. Root Financial Partners LLC acquired a new stake in shares of Tetra Tech in the third quarter valued at approximately $30,000. MAI Capital Management lifted its position in Tetra Tech by 68.1% during the second quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock worth $31,000 after buying an additional 344 shares in the last quarter. Finally, Central Pacific Bank Trust Division purchased a new stake in Tetra Tech in the 2nd quarter valued at $32,000. 93.89% of the stock is currently owned by 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.