Tetra Tech, Inc. (NASDAQ:TTEK – Get Ranking) Director J Christopher Lewis offered 14,649 shares of the corporate’s inventory in a transaction on Wednesday, December 14th. The inventory was offered at a mean value of $157.56, for a complete transaction of $2,308,096.44. Following the sale, the director now instantly owns 57,875 shares within the firm, valued at $9,118,785. The transaction was disclosed in a submitting with the Securities & Trade Fee, which is accessible at this hyperlink.
Tetra Tech Inventory Efficiency
Shares of NASDAQ:TTEK traded down $1.36 on Friday, hitting $149.57. The corporate had a buying and selling quantity of 856,869 shares, in comparison with its common quantity of 337,306. The inventory has a 50 day shifting common value of $145.60 and a 200 day shifting common value of $140.05. The corporate has a present ratio of 1.26, a fast ratio of 1.26 and a debt-to-equity ratio of 0.21. The inventory has a market cap of $7.92 billion, a price-to-earnings ratio of 30.71 and a beta of 0.92. Tetra Tech, Inc. has a 1-year low of $118.55 and a 1-year excessive of $176.46.
Tetra Tech (NASDAQ:TTEK – Get Ranking) final introduced its quarterly earnings outcomes on Wednesday, November ninth. The economic merchandise firm reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.09. The enterprise had income of $736.10 million for the quarter, in comparison with analyst estimates of $712.86 million. Tetra Tech had a web margin of seven.51% and a return on fairness of 20.02%. Tetra Tech’s quarterly income was up 11.8% on a year-over-year foundation. Throughout the identical quarter within the prior yr, the enterprise earned $1.05 EPS. Analysts count on that Tetra Tech, Inc. will submit 4.84 EPS for the present yr.
Tetra Tech Pronounces Dividend
The corporate additionally not too long ago declared a quarterly dividend, which was paid on Friday, December ninth. Buyers of report on Monday, November twenty first have been paid a $0.23 dividend. The ex-dividend date was Friday, November 18th. This represents a $0.92 annualized dividend and a yield of 0.62%. Tetra Tech’s dividend payout ratio (DPR) is presently 18.89%.
Analyst Scores Adjustments
TTEK has been the subject of plenty of analysis analyst reviews. Maxim Group upped their goal value on shares of Tetra Tech from $190.00 to $200.00 in a report on Friday, November eleventh. StockNews.com lowered Tetra Tech from a “purchase” ranking to a “maintain” ranking in a analysis word on Friday, December ninth.
Institutional Inflows and Outflows
Institutional traders and hedge funds have not too long ago added to or decreased their stakes within the firm. BlackRock Inc. boosted its place in shares of Tetra Tech by 2.4% within the first quarter. BlackRock Inc. now owns 7,212,877 shares of the commercial merchandise firm’s inventory valued at $1,189,693,000 after buying a further 171,026 shares through the interval. Vanguard Group Inc. grew its place in shares of Tetra Tech by 1.2% through the 1st quarter. Vanguard Group Inc. now owns 5,303,607 shares of the commercial merchandise firm’s inventory value $874,777,000 after buying a further 61,906 shares within the final quarter. Pictet Asset Administration SA elevated its holdings in shares of Tetra Tech by 2.3% through the third quarter. Pictet Asset Administration SA now owns 2,637,863 shares of the commercial merchandise firm’s inventory value $339,044,000 after buying a further 60,405 shares through the interval. State Road Corp raised its place in shares of Tetra Tech by 1.9% within the first quarter. State Road Corp now owns 1,707,196 shares of the commercial merchandise firm’s inventory valued at $281,585,000 after shopping for a further 31,942 shares within the final quarter. Lastly, Invesco Ltd. boosted its stake in shares of Tetra Tech by 7.5% within the first quarter. Invesco Ltd. now owns 917,617 shares of the commercial merchandise firm’s inventory valued at $151,353,000 after shopping for a further 64,168 shares through the interval. 85.93% of the inventory is owned by institutional traders and hedge funds.
About Tetra Tech
Tetra Tech, Inc supplies consulting and engineering providers worldwide. The corporate operates by two segments Authorities Providers Group (GSG) and Business/Worldwide Providers Group (CIG). The GSG phase gives early knowledge assortment and monitoring, knowledge evaluation and data administration, science and engineering utilized analysis, engineering design, venture administration, and operations and upkeep providers; and local weather change and power administration consulting, in addition to greenhouse fuel stock evaluation, certification, discount, and administration providers.
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