Tetra Tech (NASDAQ:TTEK) Updates Q1 2025 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.320-0.340 for the period, compared to the consensus estimate of 0.330. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion. Tetra Tech also updated its FY 2025 guidance to 1.400-1.500 EPS.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TTEK. Royal Bank of Canada boosted their price target 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 shares of Tetra Tech from a “hold” rating to a “buy” rating in a research note on Tuesday, October 15th. Robert W. Baird boosted their price objective on shares of Tetra Tech from $44.60 to $46.00 and gave the stock a “neutral” rating in a research note on Thursday, August 1st. Finally, KeyCorp raised their target price on Tetra Tech from $49.00 to $56.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 8th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $50.48.

Tetra Tech Trading Down 1.9 %

Shares of TTEK traded down $0.91 during trading hours on Wednesday, hitting $47.35. 2,610,521 shares of the stock were exchanged, compared to its average volume of 1,406,146. Tetra Tech has a fifty-two week low of $30.92 and a fifty-two week high of $51.20. The business has a 50-day moving average of $47.81 and a 200-day moving average of $44.48. The firm has a market capitalization of $12.67 billion, a P/E 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.

Insiders Place Their Bets

In other news, Director Kimberly E. Ritrievi sold 6,500 shares of the business’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $46.48, for a total value of $302,120.00. Following the transaction, the director now directly owns 143,200 shares of the company’s stock, valued at $6,655,936. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Tetra Tech news, Director Kimberly E. Ritrievi sold 6,500 shares of Tetra Tech stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $46.48, for a total value of $302,120.00. Following the completion of the sale, the director now directly owns 143,200 shares in the company, valued at approximately $6,655,936. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Leslie L. Shoemaker sold 78,420 shares of the business’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 transaction, the executive vice president now directly owns 296,015 shares in the company, valued at approximately $13,649,251.65. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 121,750 shares of company stock worth $5,633,239. Company insiders own 0.61% of the company’s stock.

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.