Tetra Tech (NASDAQ:TTEK) Given New $41.00 Price Target at Robert W. Baird

Tetra Tech (NASDAQ:TTEK) had its target price hoisted by research analysts at Robert W. Baird from $40.00 to $41.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the industrial products company’s stock. Robert W. Baird’s price target suggests a potential upside of 26.35% from the stock’s previous close.

Several other analysts have also issued reports on TTEK. KeyCorp lifted their target price on shares of Tetra Tech from $41.00 to $43.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. National Bank Financial began coverage on Tetra Tech in a report on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price objective on the stock. Royal Bank Of Canada set a $47.00 target price on Tetra Tech and gave the company an “outperform” rating in a research report on Monday, September 29th. Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a research report on Saturday, October 25th. Finally, Northcoast Research upgraded Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective on the stock in a report on Thursday. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $42.00.

Tetra Tech Stock Performance

Shares of TTEK stock opened at $32.45 on Thursday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.50. Tetra Tech has a 12-month low of $27.27 and a 12-month high of $48.30. The business’s 50 day moving average is $33.87 and its two-hundred day moving average is $35.09. The company has a market capitalization of $8.53 billion, a P/E ratio of 40.56 and a beta of 0.96.

Tetra Tech (NASDAQ:TTEK) last announced its earnings results on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.05. Tetra Tech had a return on equity of 24.70% and a net margin of 3.94%.During the same quarter in the prior year, the business posted $0.38 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS. FY 2026 guidance at 1.400-1.550 EPS. Analysts expect that Tetra Tech will post 1.37 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TTEK. ProShare Advisors LLC increased its stake in Tetra Tech by 2.5% during the second quarter. ProShare Advisors LLC now owns 11,684 shares of the industrial products company’s stock worth $420,000 after acquiring an additional 285 shares during the last quarter. US Bancorp DE increased its position in shares of Tetra Tech by 1.7% during the 2nd quarter. US Bancorp DE now owns 18,326 shares of the industrial products company’s stock worth $659,000 after purchasing an additional 299 shares during the last quarter. Verdence Capital Advisors LLC raised its holdings in Tetra Tech by 3.9% in the 3rd quarter. Verdence Capital Advisors LLC now owns 8,514 shares of the industrial products company’s stock valued at $285,000 after buying an additional 319 shares during the period. OneDigital Investment Advisors LLC raised its holdings in Tetra Tech by 3.7% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 9,162 shares of the industrial products company’s stock valued at $306,000 after buying an additional 328 shares during the period. Finally, Ethic Inc. lifted its position in Tetra Tech by 1.2% in the first quarter. Ethic Inc. now owns 28,745 shares of the industrial products company’s stock valued at $849,000 after buying an additional 334 shares during the last quarter. 93.89% of the stock is currently 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.