2 weeks Ago By ABMN Staff
Tetra Tech ( NASDAQ:TTEK – Get Free Report ) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Thursday. TTEK has been the topic of a number of other research reports.
Royal Bank of Canada upped their price target on shares of Tetra Tech from $233.00 to $259.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd.
KeyCorp lifted their price target on Tetra Tech from $234.00 to $247.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd.
Maxim Group boosted their price target on Tetra Tech from $234.00 to $268.00 and gave the company a “buy” rating in a research note on Thursday, May 16th.
Northcoast Research upgraded Tetra Tech from a “neutral” rating to a “buy” rating and set a $225.00 price objective on the stock in a research report on Thursday, May 2nd. Finally, Robert W.
Baird boosted their target price on shares of Tetra Tech from $223.00 to $230.00 and gave the company a “neutral” rating in a research report on Thursday, August 1st.
Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $245.
80. Read Our Latest Stock Report on TTEK Tetra Tech Stock Up 0.8 % Shares of Tetra Tech are scheduled to split before the market opens on Monday, September 9th.
The 5-1 split was announced on Wednesday, July 31st. The newly issued shares will be distributed to shareholders after the closing bell on Friday, September 6th. Tetra Tech ( NASDAQ:TTEK – Get Free Report ) last announced its quarterly earnings results on Wednesday, July 31st.
The industrial products company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.
05. Tetra Tech had a return on equity of 21.50% and a net margin of 5.
72%. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.
08 billion. During the same quarter last year, the firm posted $1.29 EPS.
The company’s quarterly revenue was up 10.7% on a year-over-year basis. Equities research analysts expect that Tetra Tech will post 6.
24 earnings per share for the current fiscal year. Insider Buying and Selling In related news, CEO Dan L. Batrack sold 17,924 shares of the stock in a transaction that occurred on Tuesday, August 6th.
The shares were sold at an average price of $227.72, for a total transaction of $4,081,653.28.
Following the sale, the chief executive officer now owns 24,877 shares in the company, valued at approximately $5,664,990.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink .
In other news, CEO Dan L. Batrack sold 17,924 shares of the business’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $227.
72, for a total transaction of $4,081,653.28. Following the completion of the transaction, the chief executive officer now owns 24,877 shares of the company’s stock, valued at approximately $5,664,990.
44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link . Also, EVP Leslie L.
Shoemaker sold 11,161 shares of the firm’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $211.83, for a total value of $2,364,234.
63. Following the completion of the sale, the executive vice president now directly owns 74,887 shares in the company, valued at $15,863,313.21.
The disclosure for this sale can be found here . Insiders sold 34,085 shares of company stock valued at $7,611,238 over the last quarter. 0.
61% of the stock is owned by company insiders. Institutional Inflows and Outflows A number of large investors have recently modified their holdings of the company. Retirement Systems of Alabama raised its holdings in Tetra Tech by 0.
3% in the 4th quarter. Retirement Systems of Alabama now owns 77,406 shares of the industrial products company’s stock valued at $12,921,000 after buying an additional 205 shares during the last quarter. Jump Financial LLC lifted its holdings in shares of Tetra Tech by 743.
1% during the fourth quarter. Jump Financial LLC now owns 22,232 shares of the industrial products company’s stock worth $3,711,000 after purchasing an additional 19,595 shares during the period. Spire Wealth Management grew its stake in shares of Tetra Tech by 1,054.
4% in the fourth quarter. Spire Wealth Management now owns 22,650 shares of the industrial products company’s stock worth $3,706,000 after purchasing an additional 20,688 shares during the last quarter. Natixis Advisors L.
P. acquired a new stake in Tetra Tech in the fourth quarter valued at $1,821,000. Finally, Nwam LLC bought a new position in Tetra Tech during the 1st quarter worth $1,123,000.
93.89% of the stock is currently owned by institutional investors. Tetra Tech Company Profile ( Get Free Report ) 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. Featured Stories Receive News & Ratings for Tetra Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tetra Tech and related companies with MarketBeat.
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