Tetra Story

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TTEK -- USA Stock  

USD 140.15  1.78  1.29%

My story will examine Tetra Tech. We will cover the possibilities of making Tetra Tech into a steady grower in February. Tetra Tech is at this time traded for 133.57. The entity has historical hype elasticity of -0.03. The average price elasticity to hype of competition is about 0.16. The firm is anticipated to decline in value after the next headline, with the price expected to drop to 133.54. The average volatility of media hype impact on the company stock price is huge, making predictions on the news or social media along less reliable. The price decrease on the next news is expected to be -0.02%, whereas the daily expected return is at this time at 0.48 percent. The volatility of related hype on Tetra Tech is about 753.85% with expected price after next announcement by competition of 133.73 Given the investment horizon of 30 days the next anticipated press release will be in about 10 days.
Published over a month ago
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Is Tetra Tech (NASDAQ:TTEK) gaining more confidence from traders?
Macroaxis provides recommendation on Tetra Tech to complement and cross-verify current analyst consensus on Tetra Tech. Our trade recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. About 91.0% of the company shares are owned by institutional investors. Tetra Tech has Price/Earnings To Growth (PEG) ratio of 2.58. The entity last dividend was issued on the 27th of November 2020. The firm had 125:100 split on the 18th of December 2001.
The successful prediction of Tetra Tech stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Tetra Tech, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Tetra Tech based on Tetra Tech hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Tetra Tech's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Tetra Tech's related companies.

Use Technical Analysis to project Tetra expected Price

Tetra Tech technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Tetra Tech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tetra Tech trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Tetra Tech, but it might be worth checking our own buy vs. sell analysis

Breaking down Tetra Tech Indicators

The company reported the previous year's revenue of 2.35 B. Net Income was 173.86 M with profit before overhead, payroll, taxes, and interest of 446.54 M.
 2020 2021 (projected)
Consolidated Income94.26 M101.7 M
Direct Expenses1.82 B1.65 B

Deferred Revenue Breakdown

Tetra Tech Deferred Revenue is increasing with stable movements from year to year. Deferred Revenue is predicted to flatten to about 70.4 M. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Tetra Tech Deferred Revenue is increasing as compared to previous years. The last year's value of Deferred Revenue was reported at 81.82 Million
2010
2011
2016
2020
2021
201041.34 Million
201188.22 Million
201690.91 Million
202081.82 Million
202170.42 Million

Are Tetra Tech technical indicators showing a correction?

Tetra Tech recent treynor ratio hikes over 3.04. Tetra Tech has relatively low volatility with skewness of 2.15 and kurtosis of 8.05. However, we advise all investors to independently investigate Tetra Tech to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Our Final Perspective on Tetra Tech

Although other entities under the engineering & construction industry are still a bit expensive, Tetra Tech may offer a potential longer-term growth to traders. With a less-than optimistic outlook for your 30 days horizon, it may be a good time to quit some or all of your Tetra Tech holdings as it seems the potential growth was already fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Tetra Tech.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Tetra Tech. Please refer to our Terms of Use for any information regarding our disclosure principles.

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