Tetra Tech Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)

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During the last three months, 4 analysts shared their evaluations of Tetra Tech TTEK, revealing diverse outlooks from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 3 1 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 0 2 1 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $48.25, a high estimate of $52.00, and a low estimate of $45.00. Observing a downward trend, the current average is 4.93% lower than the prior average price target of $50.75.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

In examining recent analyst actions, we gain insights into how financial experts perceive Tetra Tech. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Sangita Jain Keybanc Lowers Overweight $45.00 $49.00
Sangita Jain Keybanc Lowers Overweight $49.00 $56.00
Sabahat Khan RBC Capital Maintains Outperform $52.00 $52.00
Andrew Wittmann Baird Raises Neutral $47.00 $46.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Tetra Tech. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Tetra Tech compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Tetra Tech's stock. This comparison reveals trends in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Tetra Tech's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Tetra Tech analyst ratings.

Get to Know Tetra Tech Better

Tetra Tech Inc provides consulting and engineering services for environmental, infrastructure, resource management, energy, and international development markets. It specializes in providing water-related services for public and private clients. It designs infrastructure, facilities, and other structures with complex plans and resource management. Tetra Tech has two reportable segments. Its Government Services Group (GSG) segment includes activities with U.S. government clients (federal, state and local) and activities with development agencies world-wide. Commercial/International Services Group (CIG) segment, which derives maximum revenue, includes activities with U.S. commercial clients and international clients other than development agencies.

Financial Milestones: Tetra Tech's Journey

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Revenue Growth: Over the 3 months period, Tetra Tech showcased positive performance, achieving a revenue growth rate of 9.03% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.

Net Margin: Tetra Tech's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.0% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Tetra Tech's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.5% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Tetra Tech's ROA excels beyond industry benchmarks, reaching 2.32%. This signifies efficient management of assets and strong financial health.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.56.

Analyst Ratings: Simplified

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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