Tetra Tech (NASDAQ:TTEK) Releases Q4 2026 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) issued an update on its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.450-0.480 for the period, compared to the consensus EPS estimate of 0.460. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. Tetra Tech also updated its FY 2026 guidance to 1.560-1.590 EPS.

Tetra Tech Stock Performance

Tetra Tech stock traded up $0.27 during trading hours on Wednesday, hitting $33.78. 7,107,823 shares of the stock traded hands, compared to its average volume of 3,171,441. The firm’s 50 day moving average price is $29.18 and its 200-day moving average price is $32.09. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.25. The stock has a market capitalization of $8.77 billion, a price-to-earnings ratio of 20.23 and a beta of 0.92. Tetra Tech has a 1 year low of $25.81 and a 1 year high of $43.14.

Tetra Tech (NASDAQ:TTEK) last announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.02. The firm had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. As a group, equities analysts expect that Tetra Tech will post 1.54 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on the stock. Weiss Ratings cut shares of Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. National Bank Financial reduced their target price on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Wall Street Zen downgraded shares of Tetra Tech from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Royal Bank Of Canada lowered their price target on shares of Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Finally, Robert W. Baird set a $35.00 price target on Tetra Tech in a research report on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Tetra Tech has a consensus rating of “Moderate Buy” and an average target price of $38.80.

Insiders Place Their Bets

In other news, Director Jeffrey R. Feeler acquired 1,900 shares of the business’s stock in a transaction on Friday, May 15th. The stock was bought at an average price of $26.41 per share, with a total value of $50,179.00. Following the completion of the acquisition, the director owned 1,900 shares of the company’s stock, valued at approximately $50,179. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.49% of the company’s stock.

Key Headlines Impacting Tetra Tech

Here are the key news stories impacting Tetra Tech this week:

• Positive Sentiment: Third-quarter revenue reached $1.31 billion, while net revenue was $1.11 billion. Revenue excluding USAID, Department of State and episodic disaster-response work increased 8% year over year. Tetra Tech Reports Strong Third Quarter 2026 Results
• Positive Sentiment: Adjusted earnings per share were $0.42, exceeding the $0.40 analyst consensus, while operating income was $158 million and EBITDA was $173 million. Tetra Tech Earnings Press Release
• Positive Sentiment: Backlog rose 5% sequentially to $4.49 billion, supporting expectations for continued demand in water, environmental and sustainable-infrastructure services. Tetra Tech Reports Strong Third Quarter 2026 Results
• Positive Sentiment: Tetra Tech increased fiscal 2026 EPS guidance to $1.56-$1.59, above the $1.54 consensus estimate. Full-year revenue guidance of $4.3-$4.4 billion was broadly in line with expectations, but the earnings outlook provides a favorable catalyst. Tetra Tech Boosts Guidance Amid Strong Q3 Performance
• Neutral Sentiment: Fourth-quarter guidance calls for EPS of $0.45-$0.48 versus a $0.46 consensus and revenue of $1.1-$1.2 billion versus a $1.2 billion consensus, indicating expectations for a solid but less pronounced near-term contribution.

Institutional Trading of Tetra Tech

Several institutional investors have recently bought and sold shares of TTEK. CIBC Private Wealth Group LLC raised its position in shares of Tetra Tech by 63.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after buying an additional 341 shares during the last quarter. Groupe la Francaise grew its stake in Tetra Tech by 4.3% during the 4th quarter. Groupe la Francaise now owns 12,000 shares of the industrial products company’s stock valued at $402,000 after acquiring an additional 500 shares in the last quarter. Kennedy Capital Management LLC raised its holdings in Tetra Tech by 0.5% in the 4th quarter. Kennedy Capital Management LLC now owns 106,597 shares of the industrial products company’s stock valued at $3,575,000 after acquiring an additional 559 shares during the last quarter. Parallel Advisors LLC raised its holdings in Tetra Tech by 13.0% in the 3rd quarter. Parallel Advisors LLC now owns 4,982 shares of the industrial products company’s stock valued at $166,000 after acquiring an additional 574 shares during the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC lifted its stake in Tetra Tech by 5.4% in the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 11,465 shares of the industrial products company’s stock worth $383,000 after purchasing an additional 586 shares in the last quarter. 93.89% of the stock is owned by institutional investors and hedge funds.

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.