Tetra Tech (NASDAQ:TTEK) Issues FY 2026 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.560-1.590 for the period, compared to the consensus EPS estimate of 1.540. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.3 billion. Tetra Tech also updated its Q4 2026 guidance to 0.450-0.480 EPS.

Analyst Ratings Changes

Several equities analysts have recently weighed in on TTEK shares. Weiss Ratings lowered shares of Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Robert W. Baird set a $35.00 price target on shares of Tetra Tech in a report on Thursday, April 30th. Royal Bank Of Canada dropped their price target on shares of Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Wall Street Zen cut shares of Tetra Tech from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Finally, National Bank Financial dropped their target price on Tetra Tech from $38.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Tetra Tech has an average rating of “Moderate Buy” and a consensus target price of $38.80.

Tetra Tech Price Performance

Tetra Tech stock traded up $0.27 during trading on Wednesday, reaching $33.78. The company had a trading volume of 7,106,764 shares, compared to its average volume of 3,155,736. The firm’s 50-day simple moving average is $29.18 and its 200 day simple moving average is $32.09. Tetra Tech has a 1-year low of $25.81 and a 1-year high of $43.14. The firm has a market capitalization of $8.77 billion, a PE ratio of 20.23 and a beta of 0.92. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.25.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1 billion. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The firm’s revenue for the quarter was down 7.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.33 earnings per share. As a group, equities research analysts anticipate that Tetra Tech will post 1.54 earnings per share for the current fiscal year.

Insider Activity at Tetra Tech

In related news, Director Jeffrey R. Feeler purchased 1,900 shares of Tetra Tech stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of $26.41 per share, for a total transaction of $50,179.00. Following the transaction, the director directly owned 1,900 shares in the company, valued at approximately $50,179. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 0.49% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Tetra Tech

A number of hedge funds have recently made changes to their positions in the company. CIBC Private Wealth Group LLC lifted its position in shares of Tetra Tech by 63.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 341 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of Tetra Tech by 136.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 751 shares in the last quarter. Danske Bank A S acquired a new position in Tetra Tech in the 3rd quarter valued at $53,000. Wilmington Savings Fund Society FSB raised its stake in Tetra Tech by 84.0% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,755 shares of the industrial products company’s stock valued at $59,000 after purchasing an additional 801 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in Tetra Tech by 754.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock valued at $67,000 after purchasing an additional 1,638 shares in the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.

Tetra Tech Company Profile

Tetra Tech, Inc is a leading provider of consulting and engineering services with a focus on water, environment, infrastructure, resource management and energy sectors. Headquartered in Pasadena, California, the company delivers end-to-end solutions that encompass planning, design, engineering, program management and construction management. Tetra Tech’s multidisciplinary teams integrate science, technology and advisory services to address complex challenges in areas such as water resources, environmental remediation, sustainable infrastructure and renewable energy.

The company’s core offerings include environmental assessments and cleanup, water treatment and reuse, coastal and marine engineering, climate resilience planning, and engineering design for transportation and built environments.