Tetra TechTTEK
Market Cap: $12.1B
About: Tetra Tech Inc provides consulting and engineering services for environmental, infrastructure, resource management, energy, and international development markets. It specializes in providing water-related services for public and private clients. It designs infrastructure, facilities, and other structures with complex plans and resource management. Tetra Tech has two reportable segments. Its Government Services Group (GSG) reportable segment primarily includes activities with U.S. government clients (federal, state and local) and activities with development agencies worldwide. Commercial/International Services Group (CIG) reportable segment primarily includes activities with U.S. commercial clients and international clients other than development agencies.
Employees: 27,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
303% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 29
83% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 11 (+5) [Q2]
17% more funds holding
Funds holding: 506 [Q1] → 594 (+88) [Q2]
14% more capital invested
Capital invested by funds: $8.64B [Q1] → $9.88B (+$1.23B) [Q2]
3.02% more ownership
Funds ownership: 87.62% [Q1] → 90.64% (+3.02%) [Q2]
3% less repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 196
37% less call options, than puts
Call options by funds: $17.9M | Put options by funds: $28.5M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
RBC Capital Sabahat Khan 100% 1-year accuracy 13 / 13 met price target | 15%upside $259 | Outperform Maintained | 2 Aug 2024 |
Keybanc Sangita Jain 78% 1-year accuracy 21 / 27 met price target | 10%upside $247 | Overweight Maintained | 2 Aug 2024 |
Baird Andrew Wittmann 72% 1-year accuracy 21 / 29 met price target | 2%upside $230 | Neutral Maintained | 1 Aug 2024 |
RBC Capital Sabahat Khan 100% 1-year accuracy 13 / 13 met price target | 3%upside $233 | Outperform Reiterated | 9 Jul 2024 |