From what 8 stock analysts predict, the share price for Tetra Tech Inc (TTEK) might increase by 442.22% in the next year. This is based on a 12-month average estimation for TTEK. Price targets go from $230 to $268. The majority of stock analysts believe TTEK is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
TTEK is a stock in Consumer Discretionary which has been forecasted to be worth $250.67 as an average. On the higher end, the forecast price is $268 USD by from and on the lower end TTEK is forecasted to be $230 by Tate Sullivan from Maxim Group.
These are the latest 20 analyst ratings of TTEK.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Sangita Jain Keybanc | Overweight | $247 | Maintains | Aug 2, 2024 |
Sabahat Khan RBC Capital | Outperform | $259 | Maintains | Aug 2, 2024 |
Andrew Wittmann Baird | Neutral | $230 | Maintains | Aug 1, 2024 |
Sabahat Khan RBC Capital | Outperform | $233 | Reiterates | Jul 9, 2024 |
Sangita Jain Keybanc | Overweight | $234 | Maintains | May 23, 2024 |
Andrew Wittmann Baird | Neutral | $223 | Maintains | May 15, 2024 |
Sangita Jain Keybanc | Overweight | $231 | Maintains | May 15, 2024 |
Sabahat Khan RBC Capital | Outperform | $233 | Maintains | May 3, 2024 |
Tate Sullivan Maxim Group | Buy | $234 | Maintains | May 3, 2024 |
Sangita Jain Keybanc | Overweight | $219 | Maintains | May 3, 2024 |
Andrew Wittmann Baird | Neutral | $200 | Maintains | May 2, 2024 |
Tate Sullivan Maxim Group | Buy | $230 | Maintains | Apr 30, 2024 |
Sabahat Khan RBC Capital | Outperform | $203 | Maintains | Feb 2, 2024 |
Sangita Jain Keybanc | Overweight | $191 | Initiates | Jan 10, 2024 |
Andrew Wittmann Baird | Neutral | $180 | Maintains | Nov 16, 2023 |
Sabahat Khan RBC Capital | Outperform | $181 | Initiates | Aug 28, 2023 |
Sean Eastman Keybanc | Overweight | $200 | Maintains | Aug 11, 2023 |
Andrew Wittmann Baird | Neutral | $170 | Maintains | May 11, 2023 |
Andrew Wittmann Baird | Neutral | $164 | Maintains | Feb 2, 2023 |
Sean Eastman Keybanc | Overweight | $185 | Upgrade | Jan 17, 2023 |
When did it IPO
1991
Staff Count
28,000
Country
United States
Sector/Industry
Industrials/Engineering & Construction
CEO
Mr. Dan L. Batrack
Market Cap
$12.67B
In 2023, TTEK generated $4.52B in revenue, which was a increase of 29.07% from the previous year. This can be seen as a signal that TTEK's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - TTEK secures a $39.3 million contract from USAID focused on improving gender equality and women's economic empowerment.
Why It Matters - TTEK's $39.3 million deal with USAID signals growth potential and revenue stability, highlighting its commitment to social impact, which can attract socially responsible investors.
Summary - Tetra (TTEK) reported earnings 30 days ago; investors should monitor upcoming developments and stock performance for potential impacts on their investment strategy.
Why It Matters - Earnings reports can influence stock prices, affecting investor sentiment and expectations for future performance, which may impact Tetra's market valuation.
Summary - TTEK reports positive performance in the GSG segment, fueled by growth in environmental services and advanced water treatment projects.
Why It Matters - TTEK's growth in the GSG segment signals strong demand for environmental and water treatment services, indicating potential revenue growth and investment opportunities.
Summary - Tetra Tech, Inc. held its Q3 2024 earnings call on August 1, 2024, featuring key executives discussing company performance and future outlook. Details available on their investor website.
Why It Matters - Tetra Tech's earnings call provides insights into financial performance and strategic direction, influencing investor sentiment and potential stock valuation.
Summary - Tetra Tech, Inc. (NASDAQ: TTEK) appointed John M. Douglas to its Board of Directors, effective September 30, 2024, where he will serve on the Compensation and Nominating Committees.
Why It Matters - The appointment of John M. Douglas to Tetra Tech's Board enhances governance and strategic oversight, potentially improving company performance and investor confidence.
Summary - Tetra Tech, Inc. (NASDAQ: TTEK) reported Q3 2024 results: Revenue up 11% to $1.34B, Operating Income up 32% to $129M, EPS up 42% to $1.59, and backlog increased 19% to $5.23B.
Why It Matters - Tetra Tech's strong revenue and profit growth, along with a significant backlog increase, indicates robust demand for its services, suggesting a positive outlook for future earnings and stability.