Tetra Tech (TTEK) Expected to Announce Earnings on Wednesday

Tetra Tech (NASDAQ:TTEK) is projected to announce its earnings results after the market closes on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $1,102,615.33 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Tetra Tech Trading Down 2.6 %

Tetra Tech stock opened at $38.37 on Monday. Tetra Tech has a 12 month low of $31.61 and a 12 month high of $51.20. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.44. The business’s fifty day simple moving average is $41.06 and its two-hundred day simple moving average is $44.30. The company has a market capitalization of $10.28 billion, a price-to-earnings ratio of 31.14 and a beta of 0.90.

Tetra Tech Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Wednesday, November 27th were given a dividend of $0.058 per share. This represents a $0.23 annualized dividend and a yield of 0.60%. The ex-dividend date of this dividend was Wednesday, November 27th. Tetra Tech’s dividend payout ratio (DPR) is 18.67%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on TTEK shares. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 target price on shares of Tetra Tech in a research note on Friday, November 15th. Robert W. Baird lifted their target price on Tetra Tech from $46.00 to $47.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. StockNews.com downgraded Tetra Tech from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Finally, KeyCorp reduced their price objective on Tetra Tech from $56.00 to $49.00 and set an “overweight” rating for the company in a report on Friday, November 15th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $49.32.

Tetra Tech Company Profile

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.