Tetra Tech, Inc (NASDAQ: TTEK) is -13.33% 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 $34.94 in the last trading session, with the day’s loss setting it -0.41%.
Currently trading at $34.53, the stock is -0.09% and 8.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.09 million and changing -1.17% at the moment leaves the stock -11.56% off its SMA200. TTEK registered -16.88% loss for a year compared to 6-month loss of -17.07%. The firm has a 50-day simple moving average (SMA 50) of $31.7338 and a 200-day simple moving average (SMA200) of $39.09724.
The stock witnessed a 10.64% gain in the last 1 month and extending the period to 3 months gives it a 22.19%, and is -2.51% 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 0.52% over the week and 2.94% over the month.
Tetra Tech, Inc (TTEK) has around 30000 employees, a market worth around $9.10B and $5.46B in sales. Current P/E ratio is 49.73 and Fwd P/E is 22.40. Profit margin for the company is 3.44%. Distance from 52-week low is 26.62% and -32.56% 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 16.89% this year.
Tetra Tech, Inc (TTEK) Top Institutional Holders
806.0 institutions hold shares in Tetra Tech, Inc (TTEK), with institutional investors hold 100.03% of the company’s shares. The shares outstanding are 263.50M, and float is at 262.19M with Short Float at 3.49%. Institutions hold 99.58% 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).
