Tetra Tech, Inc (NASDAQ: TTEK) is -21.51% lower on its value in year-to-date trading and has touched a low of $27.27 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 $31.20 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $31.27, the stock is 3.84% and 5.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 0.22% at the moment leaves the stock -21.97% off its SMA200. TTEK registered -18.96% loss for a year compared to 6-month loss of -35.30%. The firm has a 50-day simple moving average (SMA 50) of $29.73 and a 200-day simple moving average (SMA200) of $40.07464.
The stock witnessed a 7.27% gain in the last 1 month and extending the period to 3 months gives it a -19.34%, and is 2.02% up 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 2.42% over the week and 3.83% over the month.
Tetra Tech, Inc (TTEK) has around 30000 employees, a market worth around $8.38B and $5.39B in sales. Current P/E ratio is 32.64 and Fwd P/E is 20.28. Profit margin for the company is 4.81%. Distance from 52-week low is 14.67% and -38.93% from its 52-week high. The company has generated returns on investments over the last 12 months (9.55%).
with sales reaching $1.04B over the same period.The EPS is expected to grow by 11.99% this year, but quarterly earnings will post 3.81% year-over-year. Quarterly sales are estimated to shrink -16.72% in year-over-year returns.
Tetra Tech, Inc (TTEK) Top Institutional Holders
851.0 institutions hold shares in Tetra Tech, Inc (TTEK), with institutional investors hold 95.74% of the company’s shares. The shares outstanding are 268.03M, and float is at 266.74M with Short Float at 3.30%. Institutions hold 95.32% of the Float.
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 9.8417% 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 9.6524 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).
