Q1 2025 EPS Estimates for Tetra Tech, Inc. (NASDAQ:TTEK) Increased by Analyst

Tetra Tech, Inc. (NASDAQ:TTEK) – Investment analysts at William Blair lifted their Q1 2025 earnings estimates for Tetra Tech in a report issued on Monday, September 9th. William Blair analyst T. Mulrooney now forecasts that the industrial products company will post earnings of $0.34 per share for the quarter, up from their previous estimate of $0.34. The consensus estimate for Tetra Tech’s current full-year earnings is $1.25 per share. William Blair also issued estimates for Tetra Tech’s Q2 2025 earnings at $0.33 EPS, Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.42 EPS, FY2025 earnings at $1.45 EPS and FY2026 earnings at $1.65 EPS.

Tetra Tech (NASDAQ:TTEK) last announced its earnings results on Wednesday, July 31st. The industrial products company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.01. The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Tetra Tech had a net margin of 5.72% and a return on equity of 21.50%. The business’s revenue was up 10.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.26 EPS.

Other research analysts have also issued reports about the stock. KeyCorp lifted their price objective on shares of Tetra Tech from $46.80 to $49.40 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Robert W. Baird upped their price target on shares of Tetra Tech from $44.60 to $46.00 and gave the company a “neutral” rating in a report on Thursday, August 1st. StockNews.com raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a research note on Friday, September 6th. Finally, Royal Bank of Canada upped their target price on Tetra Tech from $46.60 to $51.80 and gave the company an “outperform” rating in a research note on Friday, August 2nd. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Tetra Tech has an average rating of “Moderate Buy” and a consensus price target of $49.16.

Tetra Tech Stock Performance

NASDAQ TTEK opened at $46.24 on Thursday. The business’s 50 day moving average price is $44.24 and its 200-day moving average price is $41.17. Tetra Tech has a fifty-two week low of $28.67 and a fifty-two week high of $48.26. The company has a market cap of $12.38 billion, a P/E ratio of 9.36 and a beta of 0.95. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.21 and a current ratio of 1.21.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TTEK. Banque Cantonale Vaudoise bought a new stake in Tetra Tech during the second quarter valued at about $28,000. Rise Advisors LLC bought a new stake in shares of Tetra Tech in the 1st quarter valued at about $27,000. Jones Financial Companies Lllp purchased a new position in shares of Tetra Tech in the 4th quarter worth approximately $33,000. EverSource Wealth Advisors LLC raised its stake in shares of Tetra Tech by 561.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 205 shares of the industrial products company’s stock worth $44,000 after acquiring an additional 174 shares in the last quarter. Finally, Principal Securities Inc. purchased a new stake in Tetra Tech during the fourth quarter valued at approximately $36,000. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Tetra Tech

In related news, CEO Dan L. Batrack sold 89,620 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $45.54, for a total value of $4,081,653.28. Following the transaction, the chief executive officer now owns 124,385 shares of the company’s stock, valued at $5,664,990.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CEO Dan L. Batrack sold 89,620 shares of the company’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $45.54, for a total value of $4,081,653.28. Following the completion of the sale, the chief executive officer now directly owns 124,385 shares of the company’s stock, valued at $5,664,990.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Preston Hopson III sold 25,000 shares of the business’s stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $46.61, for a total transaction of $1,165,350.00. Following the completion of the sale, the senior vice president now owns 43,710 shares of the company’s stock, valued at approximately $2,037,497.94. The disclosure for this sale can be found here. Insiders sold a total of 236,370 shares of company stock valued at $10,880,243 in the last three months. Company insiders own 0.61% of the company’s stock.

Tetra Tech Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were given a $0.058 dividend. The ex-dividend date was Thursday, August 15th. This represents a $0.23 annualized dividend and a yield of 0.50%. Tetra Tech’s dividend payout ratio (DPR) is 4.66%.

About Tetra Tech

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.