Wall Street Zen Downgrades Tetra Tech (NASDAQ:TTEK) to Hold

Tetra Tech (NASDAQ:TTEK) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

A number of other brokerages have also recently weighed in on TTEK. Weiss Ratings raised Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 7th. National Bank Financial lowered their price objective on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. Robert W. Baird set a $37.00 target price on shares of Tetra Tech in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada reduced their target price on Tetra Tech from $48.00 to $43.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Tetra Tech has an average rating of “Moderate Buy” and a consensus target price of $38.25.

Tetra Tech Stock Performance

Tetra Tech stock opened at $37.00 on Friday. The firm has a market cap of $9.47 billion, a price-to-earnings ratio of 22.29 and a beta of 0.90. Tetra Tech has a 1 year low of $25.81 and a 1 year high of $43.14. The firm’s 50 day moving average price is $31.86 and its two-hundred day moving average price is $31.87. 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 announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.08 billion. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%.The company’s quarterly revenue was down 4.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.43 EPS. 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. On average, research analysts predict that Tetra Tech will post 1.58 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in TTEK. CIBC Private Wealth Group LLC lifted its position 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 worth $30,000 after buying an additional 341 shares in the last quarter. OP Asset Management Ltd purchased a new position in shares of Tetra Tech during the 1st quarter valued at $34,000. Evelyn Partners Investment Management Services Ltd purchased a new position in shares of Tetra Tech during the 1st quarter valued at $35,000. Geneos Wealth Management Inc. increased its stake in shares of Tetra Tech by 136.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after acquiring an additional 751 shares during the last quarter. Finally, Danske Bank A S acquired a new stake in Tetra Tech during the third quarter valued at $53,000. Institutional investors and hedge funds 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.