Tetra Tech Stock Today
| TTEK Stock | USD 186.83 0.34 0.18% |
Performance12 of 100
| Odds Of DistressLess than 6
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Tetra Tech is selling for 186.83 as of the 19th of April 2024. This is a 0.18% increase since the beginning of the trading day. The stock's last reported lowest price was 185.93. Tetra Tech has only a 6 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Equity ratings for Tetra Tech are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2023 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Commercial & Professional Services | IPO Date 17th of December 1991 | Category Industrials |
Tetra Tech, Inc. provides consulting and engineering services worldwide. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California. Tetra Tech operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. The company has 53.47 M outstanding shares of which 852.11 K shares are at this time shorted by private and institutional investors with about 3.67 trading days to cover. More on Tetra Tech
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Follow Valuation Options Odds of Bankruptcy
Financial Report 8th of May 2024
Tetra Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tetra Tech's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tetra Tech or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman, CEO and Pres | Dan Batrack | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Environmental & Facilities Services, Commercial & Professional Services, Industrials, NASDAQ Composite, SP Midcap 400, NASDAQ Composite Total, Industrials, Commercial Services & Supplies, Engineering & Construction, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Tetra Tech report their recommendations after researching Tetra Tech's financial statements, talking to executives and customers, or listening in on Tetra Tech's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Tetra Tech. The Tetra consensus assessment is calculated by taking the average forecast from all of the analysts covering Tetra Tech. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from Tetra Tech's historical financial statements, Tetra Tech may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Tetra Tech is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Tetra Tech's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Tetra Tech's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tetra Tech's financial leverage. It provides some insight into what part of Tetra Tech's total assets is financed by creditors.
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Tetra Tech (TTEK) is traded on NASDAQ Exchange in USA. It is located in 3475 East Foothill Boulevard, Pasadena, CA, United States, 91107-6024 and employs 27,000 people. Tetra Tech is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 10.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tetra Tech's market, we take the total number of its shares issued and multiply it by Tetra Tech's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Tetra Tech conducts business under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 53.47 M outstanding shares of which 852.11 K shares are at this time shorted by private and institutional investors with about 3.67 trading days to cover.
Tetra Tech currently holds about 185.09 M in cash with 368.46 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.49.
Check Tetra Tech Probability Of Bankruptcy
Ownership AllocationTetra Tech shows a total of 53.47 Million outstanding shares. The majority of Tetra Tech outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tetra Tech to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tetra Tech. Please pay attention to any change in the institutional holdings of Tetra Tech as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tetra Ownership Details
Tetra Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Tetra Tech jumping above the current price in 90 days from now is about 19.54%. The Tetra Tech probability density function shows the probability of Tetra Tech stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.2965. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tetra Tech will likely underperform. Additionally, tetra Tech has an alpha of 0.1436, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Tetra Tech to move above the current price in 90 days from now is about 19.54 (This Tetra Tech probability density function shows the probability of Tetra Stock to fall within a particular range of prices over 90 days) .
Tetra Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Tetra Tech that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tetra Tech's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tetra Tech's value.| Instituion | Recorded On | Shares | |
| T. Rowe Price Investment Management,inc. | 2023-12-31 | 744 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 679.2 K | |
| Bank Of America Corp | 2023-12-31 | 669.7 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 605.2 K | |
| Norges Bank | 2023-12-31 | 579 K | |
| Allspring Global Investments Holdings, Llc | 2023-12-31 | 558.4 K | |
| Vontobel Holding Ltd. | 2023-12-31 | 533.6 K | |
| First Trust Advisors L.p. | 2023-12-31 | 515.7 K | |
| Aegon Asset Management Uk Plc | 2023-12-31 | 492.5 K | |
| Blackrock Inc | 2023-12-31 | 5.5 M | |
| Vanguard Group Inc | 2023-12-31 | 5.2 M |
Tetra Tech Historical Income Statement
Tetra Tech Income Statement is one of the three primary financial statements used for reporting Tetra's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Tetra Tech revenue and expense. Tetra Tech Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Tetra Tech's Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 615 M this year, although the value of Net Interest Income is projected to rise to (39.8 M). View More FundamentalsTetra Stock Against Markets
Picking the right benchmark for Tetra Tech stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tetra Tech stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tetra Tech is critical whether you are bullish or bearish towards Tetra Tech at a given time. Please also check how Tetra Tech's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Tetra Tech without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Tetra Tech Corporate Directors
Tetra Tech corporate directors refer to members of a Tetra Tech board of directors. The board of directors generally takes responsibility for the Tetra Tech's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Tetra Tech's board members must vote for the resolution. The Tetra Tech board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Patrick Haden | Independent Director | Profile | |
| Hugh Grant | Independent Director | Profile | |
| James Thompson | Independent Director | Profile | |
| Kimberly Ritrievi | Independent Director | Profile |
How to buy Tetra Stock?
Before investing in Tetra Tech, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tetra Tech. To buy Tetra Tech stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tetra Tech. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Tetra Tech stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tetra Tech stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Tetra Tech stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Tetra Tech, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Tetra Stock please use our How to Invest in Tetra Tech guide.
Already Invested in Tetra Tech?
The danger of trading Tetra Tech is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tetra Tech is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tetra Tech. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tetra Tech is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Tetra Tech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tetra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tetra Tech Stock. Highlighted below are key reports to facilitate an investment decision about Tetra Tech Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.Note that the Tetra Tech information on this page should be used as a complementary analysis to other Tetra Tech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Tetra Stock analysis
When running Tetra Tech's price analysis, check to measure Tetra Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tetra Tech is operating at the current time. Most of Tetra Tech's value examination focuses on studying past and present price action to predict the probability of Tetra Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tetra Tech's price. Additionally, you may evaluate how the addition of Tetra Tech to your portfolios can decrease your overall portfolio volatility.
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Is Tetra Tech's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tetra Tech. If investors know Tetra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tetra Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.36) | Dividend Share 1.01 | Earnings Share 4.32 | Revenue Per Share 75.654 | Quarterly Revenue Growth 0.378 |
The market value of Tetra Tech is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Tech's value that differs from its market value or its book value, called intrinsic value, which is Tetra Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tetra Tech's market value can be influenced by many factors that don't directly affect Tetra Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tetra Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.