Tetra Tech (TTEK) Expected to Announce Earnings on Wednesday

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

Tetra Tech Stock Up 0.6 %

Shares of TTEK stock opened at $38.59 on Tuesday. The stock has a 50 day moving average of $41.00 and a 200-day moving average of $44.29. The firm has a market cap of $10.34 billion, a PE ratio of 31.32 and a beta of 0.90. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.44. Tetra Tech has a 12 month low of $31.61 and a 12 month high of $51.20.

Tetra Tech Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TTEK. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 target price on shares of Tetra Tech in a research report on Friday, November 15th. Robert W. Baird increased their price objective on shares of Tetra Tech from $46.00 to $47.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. StockNews.com lowered shares of Tetra Tech from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Finally, KeyCorp dropped their price target on shares of Tetra Tech from $56.00 to $49.00 and set an “overweight” rating for the company in a research report on Friday, November 15th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Tetra Tech has an average rating of “Moderate Buy” and an average target price of $49.32.

About Tetra Tech

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.