Tetra Tech, Inc (NASDAQ: TTEK) is -26.88% lower on its value in year-to-date trading and has touched a low of $28.17 and a high of $51.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TTEK stock was last observed hovering at around $28.26 in the last trading session, with the day’s gains setting it 0.87%.
Currently trading at $29.13, the stock is -6.20% and -19.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.65 million and changing 3.08% at the moment leaves the stock -31.37% off its SMA200. TTEK registered -17.86% loss for a year compared to 6-month loss of -38.26%.
The stock witnessed a -20.84% gain in the last 1 month and extending the period to 3 months gives it a -29.76%, and is -3.35% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.46% over the week and 3.17% over the month.
Tetra Tech, Inc (TTEK) has around 30000 employees, a market worth around $7.81B and $5.39B in sales. Current P/E ratio is 30.41 and Fwd P/E is 18.50. Profit margin for the company is 4.81%. Distance from 52-week low is 3.41% and -43.11% from its 52-week high. The company has generated returns on investments over the last 12 months (9.55%).
The EPS is expected to grow by 12.26% this year.
Tetra Tech, Inc (TTEK) Top Institutional Holders
The shares outstanding are 268.03M, and float is at 266.74M with Short Float at 2.96%.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.27 million shares valued at $1.08 billion. The investor’s holdings represent 9.8474% of the TTEK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.17 million shares valued at $$1.06 billion to account for 9.658 of the shares outstanding. The other top investors are PICTET ASSET MANAGEMENT HOLDING SA which holds 2.62 million shares representing 4.899% and valued at over $536.08 million, while ALLIANCEBERNSTEIN L.P. holds 4.5455 of the shares totaling 2.43 million with a market value of $497.4 million.
Tetra Tech, Inc (TTEK) Insider Activity
A total of 0 insider transactions have happened at Tetra Tech, Inc (TTEK) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Volpi Kirsten M,the company’sDirector. SEC filings show that Volpi Kirsten M sold 10,116 shares of the company’s common stock on Feb 04 ’25 at a price of $34.33 per share for a total of $0.35 million. Following the sale, the insider now owns 60196.0 shares.
Still, SEC filings show that on Sep 11 ’24, BURDICK STEVEN M (EVP, CFO) disposed off 36,830 shares at an average price of $46.57 for $1.72 million. The insider now directly holds 112,620 shares of Tetra Tech, Inc (TTEK).
Tetra Tech, Inc (TTEK): Who are the competitors?
The company’s main competitors (and peers) include MYR Group Inc. (MYRG) that is trading -25.26% down over the past 12 months. AECOM (ACM) that is 5.19% higher over the same period.
