Tetra Tech, Inc (NASDAQ: TTEK) is -11.70% 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 $34.74 in the last trading session, with the day’s gains setting it 0.44%.
Currently trading at $35.18, the stock is 9.48% and 15.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.79 million and changing 1.27% at the moment leaves the stock -11.11% off its SMA200. TTEK registered -16.30% loss for a year compared to 6-month loss of -26.89%.
The stock witnessed a 17.34% gain in the last 1 month and extending the period to 3 months gives it a 14.29%, and is 0.86% 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 2.80% over the week and 2.63% over the month.
Tetra Tech, Inc (TTEK) has around 30000 employees, a market worth around $9.27B and $5.46B in sales. Current P/E ratio is 50.66 and Fwd P/E is 22.83. Profit margin for the company is 3.44%. Distance from 52-week low is 29.01% and -31.29% from its 52-week high. The company has generated returns on investments over the last 12 months (7.58%).
The EPS is expected to grow by 16.88% this year
The shares outstanding are 263.50M, and float is at 262.28M with Short Float at 3.39%.
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).
