Tetra Tech, Inc (NASDAQ: TTEK) is -27.99% 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 $29.33 in the last trading session, with the day’s loss setting it -0.64%.
Currently trading at $28.69, the stock is -3.63% and -18.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing -2.18% at the moment leaves the stock -31.70% off its SMA200. TTEK registered -23.11% loss for a year compared to 6-month loss of -37.07%.
The stock witnessed a -13.64% gain in the last 1 month and extending the period to 3 months gives it a -32.79%, and is -0.86% 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 3.69% over the week and 3.15% over the month.
Tetra Tech, Inc (TTEK) has around 30000 employees, a market worth around $7.69B and $5.39B in sales. Current P/E ratio is 29.95 and Fwd P/E is 18.22. Profit margin for the company is 4.81%. Distance from 52-week low is 1.85% and -43.96% from its 52-week high. The company has generated returns on investments over the last 12 months (9.55%).
with sales reaching $1.05B over the same period.The EPS is expected to grow by 12.26% this year, but quarterly earnings will post 4.48% year-over-year. Quarterly sales are estimated to shrink -16.07% in year-over-year returns.
The shares outstanding are 268.03M, and float is at 266.74M with Short Float at 3.09%.
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
The most recent transaction is an insider sale by Volpi Kirsten M, the company’s Director. 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).
