Tetra TechTTEK
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) segment includes activities with U.S. government clients (federal, state and local) and activities with development agencies world-wide. Commercial/International Services Group (CIG) segment, which derives maximum revenue, includes activities with U.S. commercial clients and international clients other than development agencies.
Employees: 30,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
5,210% more repeat investments, than reductions
Existing positions increased: 531 | Existing positions reduced: 10
98% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 46
27% more funds holding in top 10
Funds holding in top 10: 11 [Q2] → 14 (+3) [Q3]
10% more capital invested
Capital invested by funds: $10.1B [Q2] → $11.1B (+$1.04B) [Q3]
6% more funds holding
Funds holding: 597 [Q2] → 634 (+37) [Q3]
4.29% less ownership
Funds ownership: 92.69% [Q2] → 88.39% (-4.29%) [Q3]
46% less call options, than puts
Call options by funds: $14.8M | Put options by funds: $27.7M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
RBC Capital Sabahat Khan 88% 1-year accuracy 14 / 16 met price target | 22%upside $52 | Outperform Reiterated | 15 Nov 2024 |
Keybanc Sangita Jain 71% 1-year accuracy 30 / 42 met price target | 15%upside $49 | Overweight Maintained | 15 Nov 2024 |
Baird Andrew Wittmann 81% 1-year accuracy 25 / 31 met price target | 10%upside $47 | Neutral Maintained | 14 Nov 2024 |
Financial journalist opinion
Based on 3 articles about TTEK published over the past 30 days