Tetra Tech (TTEK) Expected to Announce Earnings on Wednesday

Tetra Tech (NASDAQ:TTEK) is expected to be releasing its earnings data after the market closes on Wednesday, January 29th. Analysts expect Tetra Tech to post earnings of $0.34 per share and revenue of $1,102,615.33 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Tetra Tech Trading Down 2.6 %

Shares of NASDAQ:TTEK opened at $38.37 on Monday. Tetra Tech has a 12-month low of $31.61 and a 12-month high of $51.20. The company has a market cap of $10.28 billion, a PE ratio of 31.14 and a beta of 0.90. The stock has a 50 day moving average of $41.06 and a 200 day moving average of $44.30. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.44.

Tetra Tech Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Wednesday, November 27th were paid a $0.058 dividend. The ex-dividend date was Wednesday, November 27th. This represents a $0.23 dividend on an annualized basis and a dividend yield of 0.60%. Tetra Tech’s dividend payout ratio (DPR) is presently 18.67%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. KeyCorp dropped their target price on shares of Tetra Tech from $56.00 to $49.00 and set an “overweight” rating for the company in a report on Friday, November 15th. Robert W. Baird increased their price objective on shares of Tetra Tech from $46.00 to $47.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. StockNews.com cut shares of Tetra Tech from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Tetra Tech in a research report on Friday, November 15th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $49.32.

About Tetra Tech

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.