Tetra Tech (NASDAQ:TTEK) Updates FY 2025 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.400-1.500 for the period, compared to the consensus EPS estimate of 1.480. The company issued revenue guidance of $4.6 billion-$4.8 billion, compared to the consensus revenue estimate of $4.3 billion. Tetra Tech also updated its FY25 guidance to $1.40-1.50 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on TTEK shares. Royal Bank of Canada increased their price objective on Tetra Tech from $46.60 to $51.80 and gave the stock an “outperform” rating in a report on Friday, August 2nd. StockNews.com raised Tetra Tech from a “hold” rating to a “buy” rating in a research note on Tuesday, October 15th. Robert W. Baird lifted their price objective on shares of Tetra Tech from $44.60 to $46.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. Finally, KeyCorp increased their target price on shares of Tetra Tech from $49.00 to $56.00 and gave the company an “overweight” rating in a research report on Tuesday, October 8th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.48.

Tetra Tech Price Performance

Shares of TTEK traded down $0.91 during trading hours on Wednesday, hitting $47.35. 2,610,521 shares of the company were exchanged, compared to its average volume of 1,406,146. The firm has a fifty day simple moving average of $47.81 and a 200-day simple moving average of $44.48. The company has a market capitalization of $12.67 billion, a PE ratio of 44.43 and a beta of 0.94. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.21 and a quick ratio of 1.21. Tetra Tech has a one year low of $30.92 and a one year high of $51.20.

Insider Buying and Selling

In related news, EVP Leslie L. Shoemaker sold 78,420 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $46.11, for a total value of $3,615,946.20. Following the completion of the sale, the executive vice president now owns 296,015 shares in the company, valued at approximately $13,649,251.65. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Leslie L. Shoemaker sold 78,420 shares of the stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $46.11, for a total value of $3,615,946.20. Following the completion of the sale, the executive vice president now directly owns 296,015 shares of the company’s stock, valued at approximately $13,649,251.65. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kimberly E. Ritrievi sold 6,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $46.48, for a total transaction of $302,120.00. Following the sale, the director now owns 143,200 shares of the company’s stock, valued at approximately $6,655,936. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 121,750 shares of company stock valued at $5,633,239. 0.61% of the stock is owned by corporate insiders.

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.