Tetra Tech (NASDAQ:TTEK) Sets New 52-Week Low – Time to Sell?

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Robert W. Baird set a $35.00 price objective on shares of Tetra Tech in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tetra Tech in a research note on Monday, April 20th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Tetra Tech currently has an average rating of “Moderate Buy” and a consensus price target of $41.00.

Tetra Tech Stock Down 2.3%

The stock has a market cap of $7.68 billion, a PE ratio of 17.72 and a beta of 1.00. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The business has a 50-day moving average price of $32.07 and a 200-day moving average price of $34.10.

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

Tetra Tech Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th will be given a dividend of $0.072 per share. This is a positive change from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date is Thursday, May 14th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.0%. Tetra Tech’s payout ratio is 16.77%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bfsg LLC purchased a new position in shares of Tetra Tech during the 3rd quarter valued at approximately $25,000. Root Financial Partners LLC purchased a new position in shares of Tetra Tech during the 3rd quarter valued at approximately $30,000. First Horizon Corp lifted its position in shares of Tetra Tech by 50.4% during the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after buying an additional 295 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in Tetra Tech by 63.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 341 shares in the last quarter. Finally, OP Asset Management Ltd purchased a new position in Tetra Tech in the 1st quarter valued at $34,000. Hedge funds and other institutional investors own 93.89% of the company’s stock.

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.