Is Tetra Tech Stock a Good Investment?
Tetra Tech Investment Advice | TTEK |
- Examine Tetra Tech's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Tetra Tech's leadership team and their track record. Good management can help Tetra Tech navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Environmental & Facilities Services space and any emerging trends that could impact Tetra Tech's business and its evolving consumer preferences.
- Compare Tetra Tech's performance and market position to its competitors. Analyze how Tetra Tech is positioned in terms of product offerings, innovation, and market share.
- Check if Tetra Tech pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Tetra Tech's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Tetra Tech stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Tetra Tech is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Tetra Tech Stock
Researching Tetra Tech's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 96.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.23. Tetra Tech last dividend was issued on the 27th of November 2024. The entity had 5:1 split on the 9th of September 2024.
To determine if Tetra Tech is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Tetra Tech's research are outlined below:
| Tetra Tech generated a negative expected return over the last 90 days | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Fernbridge Capital Management LP Purchases 313,584 Shares of Tetra Tech, Inc. |
Tetra Tech Quarterly Cost Of Revenue |
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Tetra Tech uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Tetra Tech. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Tetra Tech's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Tetra Tech's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Tetra Tech's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1997-07-16 | 1997-06-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2006-11-15 | 2006-09-30 | 0.18 | 0.2 | 0.02 | 11 | ||
1999-07-21 | 1999-06-30 | 0.15 | 0.17 | 0.02 | 13 | ||
1999-01-18 | 1998-12-31 | 0.12 | 0.1 | -0.02 | 16 | ||
2008-07-30 | 2008-06-30 | 0.24 | 0.27 | 0.03 | 12 | ||
2008-04-30 | 2008-03-31 | 0.2 | 0.23 | 0.03 | 15 | ||
2006-08-02 | 2006-06-30 | 0.17 | 0.14 | -0.03 | 17 | ||
2006-01-25 | 2005-12-31 | 0.14 | 0.17 | 0.03 | 21 |
Know Tetra Tech's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Tetra Tech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tetra Tech backward and forwards among themselves. Tetra Tech's institutional investor refers to the entity that pools money to purchase Tetra Tech's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Allspring Global Investments Holdings, Llc | 2024-06-30 | 677.1 K | Bank Of America Corp | 2024-06-30 | 659.7 K | Amvescap Plc. | 2024-06-30 | 639.2 K | Norges Bank | 2024-06-30 | 612.4 K | Ci Private Wealth Llc | 2024-06-30 | 520.5 K | Bank Of New York Mellon Corp | 2024-06-30 | 488.7 K | First Trust Advisors L.p. | 2024-06-30 | 415 K | Allianz Asset Management Ag | 2024-06-30 | 351.1 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 339.1 K | Vanguard Group Inc | 2024-09-30 | 25.8 M | Blackrock Inc | 2024-06-30 | 5.3 M |
Tetra Tech's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 11.1 B.Market Cap |
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Tetra Tech's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.17 | 0.12 | |
| Return On Capital Employed | 0.17 | 0.14 | |
| Return On Assets | 0.08 | 0.07 | |
| Return On Equity | 0.18 | 0.14 |
Determining Tetra Tech's profitability involves analyzing its financial statements and using various financial metrics to determine if Tetra Tech is a good buy. For example, gross profit margin measures Tetra Tech's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Tetra Tech's profitability and make more informed investment decisions.
Evaluate Tetra Tech's management efficiency
Tetra Tech has return on total asset (ROA) of 0.0765 % which means that it generated a profit of $0.0765 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1866 %, meaning that it created $0.1866 on every $100 dollars invested by stockholders. Tetra Tech's management efficiency ratios could be used to measure how well Tetra Tech manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to 0.12. The value of Return On Capital Employed is expected to slide to 0.14. Total Current Liabilities is expected to rise to about 1.3 B this year. Liabilities And Stockholders Equity is expected to rise to about 4.4 B this year| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.85 | 3.47 | |
| Tangible Book Value Per Share | (1.41) | 0.55 | |
| Enterprise Value Over EBITDA | 22.93 | 17.11 | |
| Price Book Value Ratio | 6.89 | 3.92 | |
| Enterprise Value Multiple | 22.93 | 17.11 | |
| Price Fair Value | 6.89 | 3.92 | |
| Enterprise Value | 13.4 B | 247.6 M |
Tetra Tech benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Dividend Yield 0.0053 | Forward Dividend Yield 0.0053 | Forward Dividend Rate 0.22 | Beta 0.939 |
Basic technical analysis of Tetra Stock
As of the 28th of November, Tetra Tech has the Risk Adjusted Performance of (0.05), coefficient of variation of (1,351), and Variance of 5.39. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tetra Tech, as well as the relationship between them.Tetra Tech's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tetra Tech insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tetra Tech's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tetra Tech insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Tetra Tech's Outstanding Corporate Bonds
Tetra Tech issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tetra Tech uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tetra bonds can be classified according to their maturity, which is the date when Tetra Tech has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| TEVA 5125 09 MAY 29 Corp BondUS88167AAQ40 | View | |
| TEVA 475 09 MAY 27 Corp BondUS88167AAP66 | View | |
| US88167AAN19 Corp BondUS88167AAN19 | View | |
| TEVA 8125 15 SEP 31 Corp BondUS88167AAR23 | View | |
| TEXACO CAP INC Corp BondUS881685BB68 | View | |
| US881685AX97 Corp BondUS881685AX97 | View |
Understand Tetra Tech's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Tetra Tech's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (3.20) | |||
| Mean Deviation | 1.33 | |||
| Coefficient Of Variation | (1,351) | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.39 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (3.21) | |||
| Maximum Drawdown | 17.66 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 2.8 | |||
| Skewness | (3.18) | |||
| Kurtosis | 17.05 |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (3.20) | |||
| Mean Deviation | 1.33 | |||
| Coefficient Of Variation | (1,351) | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.39 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (3.21) | |||
| Maximum Drawdown | 17.66 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 2.8 | |||
| Skewness | (3.18) | |||
| Kurtosis | 17.05 |
Consider Tetra Tech's intraday indicators
Tetra Tech intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tetra Tech stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Tetra Tech Corporate Filings
F4 | 22nd of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 21st of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
10K | 19th of November 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 13th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Tetra Stock media impact
Far too much social signal, news, headlines, and media speculation about Tetra Tech that are available to investors today. That information is available publicly through Tetra media outlets and privately through word of mouth or via Tetra internal channels. However, regardless of the origin, that massive amount of Tetra data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Tetra Tech news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Tetra Tech relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Tetra Tech's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Tetra Tech alpha.
Tetra Tech Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Tetra Tech can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Tetra Tech Historical Investor Sentiment
Investor biases related to Tetra Tech's public news can be used to forecast risks associated with an investment in Tetra. The trend in average sentiment can be used to explain how an investor holding Tetra can time the market purely based on public headlines and social activities around Tetra Tech. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tetra Tech's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tetra Tech and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Tetra Tech news discussions. The higher the estimate score, the more favorable the investor's outlook on Tetra Tech.
Tetra Tech Corporate Executives
Elected by the shareholders, the Tetra Tech's board of directors comprises two types of representatives: Tetra Tech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tetra. The board's role is to monitor Tetra Tech's management team and ensure that shareholders' interests are well served. Tetra Tech's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tetra Tech's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steven Burdick | CFO, Executive VP and Treasurer | Profile |
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 closely tied 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.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Environmental & Facilities Services space 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 0.749 | Earnings Share 1.23 | Revenue Per Share 15.861 | Quarterly Revenue Growth 0.082 | Return On Assets 0.0765 |
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.
In summary, please note that there is a difference between Tetra Tech's value and its price, as these two are different measures arrived at by various 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.