Currently, there are 267.72M common shares owned by the public and among those 266.42M shares have been available to trade.
The company’s stock has a 5-day price change of -3.83% and -15.41% over the past three months. TTEK shares are trading 19.51% year to date (YTD), with the 12-month market performance up to 20.18% higher. It has a 12-month low price of $31.61 and touched a high of $51.20 over the same period. TTEK has an average intraday trading volume of 2.06 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.08%, -10.48%, and -7.23% respectively.
Institutional ownership of Tetra Tech, Inc (NASDAQ: TTEK) shares accounts for 91.29% of the company’s 267.72M shares outstanding.
It has a market capitalization of $10.68B and a beta (3y monthly) value of 0.89. The stock’s trailing 12-month PE ratio is 32.33, while the earnings-per-share (ttm) stands at $1.23. The company has a PEG of 6.60 and a Quick Ratio of 1.25 with the debt-to-equity ratio at 0.56. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.70% over the week and 2.29% over the month.
Analysts forecast that Tetra Tech, Inc (TTEK) will achieve an EPS of 0.33 for the current quarter, 0.34 for the next quarter and 1.69 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.31 while analysts give the company a high EPS estimate of 0.31. Comparatively, EPS for the current quarter was 0.28 a year ago. Earnings per share for the fiscal year are expected to increase by 17.03%, and 14.21% over the next financial year. EPS should shrink at an annualized rate of 4.90% over the next five years, compared to 16.83% over the past 5-year period.
Looking at the support for the TTEK, a number of firms have released research notes about the stock. Maxim Group stated their Buy rating for the stock in a research note on May 16, 2024, with the firm’s price target at $234-$268. Northcoast coverage for the Tetra Tech, Inc (TTEK) stock in a research note released on May 02, 2024 offered a Buy rating with a price target of $225. RBC Capital Mkts on their part issued Outperform rating on August 28, 2023.
