最新ニュース Tetra Tech (NASDAQ:TTEK) 株価情報

Tetra Tech

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.

Tetra Tech Inc

On January 17, 2025, Tetra Tech EC, Inc. ("TtEC"), a wholly owned subsidiary of Tetra Tech, Inc. (the "Company"), entered into a settlement agreement with the United States of America, acting through the Civil Division of the United States Attorney's Office of the United States Department of Justice and on behalf of the Department of the Navy (collectively, the "United States"), and also filed a proposed consent decree with the United States District Court for the Northern District of California (the "Court"), to resolve the previously disclosed civil litigation related to TtEC's performance of environmental remediation services at the former Hunters Point Naval Shipyard in San Francisco, California (the "Covered Conduct").
&nbsp;
Under the terms of the settlement agreement and consent decree, TtEC has agreed to pay to the United States $57 million and $40 million for False Claims Act ("FCA") claims and Comprehensive Environmental Response, Compensation and Liability Act ("CERCLA") claims, respectively (the "Settlement Amounts"), which the Company expects to pay with cash on hand and by drawing on its credit facility. Upon entry of the Consent Decree by the Court and the United States' receipt of the settlement amounts, the United States will release TtEC from any and all civil or administrative monetary claims for the Covered Conduct under the civil FCA, the CERCLA, and other specified civil statutes and common law theories of liability.
&nbsp;
The consent decree is subject to a number of contingencies that could prevent it from being finalized with its current terms. In particular, and without limitation, (i) the consent decree is required to be lodged with the Court for a period of 30 days for public notice and comment, and the United States has reserved the right to withdraw or withhold its consent if the comments regarding the consent decree disclose facts or considerations that indicate the consent decree is inappropriate, improper or inadequate; and (ii) the Court might determine not to enter the consent decree as currently written or as approved by the United States. There can be no assurance that the contingencies will not preclude entry of the consent decree.
&nbsp;
TtEC entered into the settlement agreement and consent decree to avoid the delay, uncertainty and expense of protracted litigation. The settlement agreement and consent decree contain no admission of liability by TtEC. In addition, the settlement agreement and consent decree do not resolve the previously disclosed ancillary claims brought by third-party private plaintiffs from the same services provided by TtEC at Hunters Point.
&nbsp;
TtEC has initiated litigation with the insurance carrier with which TtEC maintained liability policies regarding the reasonably possible payment or reimbursement of a significant portion of the Settlement Amounts. TtEC can give no assurances as to what portion, if any, of the Settlement Amounts will be recovered from the insurance carrier.

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TTEK

Tetra Tech Subsidiary Settles Litigation for Hunters Point Remediation with U.S. For $97M; $57M For False Claims Act, $40M For Comprehensive Environmental Response, Compensation and Liability Act; Consent Decree Pending Public Comment And Court Approval; Settlement Agreement Involves No Admission Of Liability, Third-Party Claims Still Unresolved; Insurance Recovery Uncertain

Tetra Tech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NYSE">TTEK</a>) short percent of float has risen 5.17% since its last report. The company recently reported that it has 5.15 million shares sold short, which is 2.44% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.11 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Tetra Tech Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736883910_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Tetra Tech has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Tetra Tech's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Tetra Tech's peer group average for short interest as a percentage of float is 3.43%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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How Is The Market Feeling About Tetra Tech?

Tetra Tech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NYSE">TTEK</a>) short percent of float has fallen 7.47% since its last report. The company recently reported that it has 4.71 million shares sold short, which is 2.23% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.76 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Tetra Tech Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734961522_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Tetra Tech has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Tetra Tech's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Tetra Tech's peer group average for short interest as a percentage of float is 3.24%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into Tetra Tech's Recent Short Interest

Tetra Tech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NYSE">TTEK</a>) short percent of float has risen 29.57% since its last report. The company recently reported that it has 5.09 million shares sold short, which is 2.41% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.62 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Tetra Tech Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732900519_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Tetra Tech has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Tetra Tech's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Tetra Tech's peer group average for short interest as a percentage of float is 3.37%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer recommended buying Symbotic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NYSE">SYM</a>). He added, &#8220;This is a very hot sector. The good news here, this company <a href="https://www.benzinga.com/quote/SYM/earnings">does make money.&#8221;</a>
On Nov. 18, Symbotic reported quarterly earnings of five cents per share, which beat the analyst consensus estimate of three cents. Quarterly revenue came in at $576.76 million, which beat the analyst consensus estimate of $470.27 million and is an increase over sales of $391.88 million from the same period last year.
When asked about Tetra Tech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>), he said, &#8220;I didn't think the quarter was that bad. I actually am inclined to buy, not sell TTEK.&#8221;
On Nov. 13, Tetra Tech reported worse-than-expected fourth-quarter EPS results.
Linde plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) is a &#8220;terrific&#8221; company, Cramer said. &#8220;It is not a speculative stock, it is a very good company.&#8221;
On Oct. 31, Linde reported third-quarter financial results and issued FY24 adjusted EPS guidance below estimates.
&#8220;This stock has been pretty much straight up, and, you know what, it's not done,&#8221; Cramer said when asked about Brookfield Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BN#NYSE">BN</a>). Shares are up over 75% in the past year.
On Nov. 14, Brookfeld reported better-than-expected third-quarter adjusted EPS results
Price Action:
<ul>
<li>Symbotic shares fell 3.4% to settle at $37.47 on Monday.</li>
<li>Tetra Tech shares gained 0.6% to close at $41.22.</li>
<li>Linde shares gained 0.2% to close at $455.69.</li>
<li>Brookfield shares rose 2.5% to settle at $59.70 during the session.</li>
</ul>
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Photo: Shutterstock

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Jim Cramer: Linde Is A 'Terrific' Company, Sees Another Stock Up 75% As 'Not Done'

4 analysts have shared their evaluations of Tetra Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $51.0, a high estimate of $56.00, and a low estimate of $47.00. This current average reflects an increase of 0.49% from the previous average price target of $50.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1731704532_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The analysis of recent analyst actions sheds light on the perception of Tetra Tech by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Sangita Jain</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$49.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Sabahat Khan</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$52.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Andrew Wittmann</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$47.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Sangita Jain</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$56.00</td>
<td>$49.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Tetra Tech. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Tetra Tech compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Tetra Tech's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Tetra Tech's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/TTEK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Tetra Tech analyst ratings.</a>
<h2>Get to Know Tetra Tech Better</h2>
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.
<h3>Tetra Tech: Financial Performance Dissected</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Tetra Tech's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 11.2%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Net Margin: Tetra Tech's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.38% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Tetra Tech's ROE stands out, surpassing industry averages. With an impressive ROE of 5.28%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Tetra Tech's ROA stands out, surpassing industry averages. With an impressive ROA of 2.1%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.63, Tetra Tech adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Analyst Ratings: Simplified</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

The Analyst Landscape: 4 Takes On Tetra Tech

RBC Capital analyst Sabahat Khan reiterates Tetra Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>) with a Outperform and maintains $52 price target.

Price Target

Reiteration

RBC Capital Reiterates Outperform on Tetra Tech, Maintains $52 Price Target

Keybanc analyst Sangita Jain maintains Tetra Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>) with a Overweight and lowers the price target from $56 to $49.

Keybanc Maintains Overweight on Tetra Tech, Lowers Price Target to $49

Signs of a waning Trump-led rally emerged Thursday as investors assessed the economic outlook and awaited potential signals on the interest-rate path from the upcoming Fed Chair Jerome Powell&#8216;s speech in <a href="https://www.benzinga.com/topic/jerome-powell">Dallas at 3 p.m. ET. </a>
Inflation data from the past two days provided mixed signals: consumer prices met expectations, while producer prices slightly exceeded forecasts, with both indicators showing a year-over-year uptick in October.
Despite this inflation data, markets remain confident the Fed will continue easing, pricing in an 80% likelihood of a December rate cut.
Wall Street&#8217;s major indices were in the red by midday, with the S&amp;P 500 down 0.3% and small-cap stocks lagging behind large-caps.
The U.S. dollar index ticked up 0.1%, even as Treasury yields declined. Bonds outperformed equities, with the iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) climbing 1.2%.
Gold edged 0.2% lower, while oil rose 0.2%. Meanwhile, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) saw its rally stall, dropping 1.8%.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg % (1 day)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,884.60</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20,986.66</td>
<td>-0.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,969.78</td>
<td>-0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,345.60</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:55 p.m. ET </figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent111424&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 0.3% to $595.18.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;eased 0.2% to $438.76.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) slipped 0.4% to $510.28.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) tumbled 1% to $232.71.</li>
<li>The&nbsp;Consumer Staples Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) outperformed, rising 0.2%. The&nbsp;Industrials Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) lagged, down 1.5%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
<ul>
<li>Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) rose 7% after reporting better-than-expected quarterly results. </li>
</ul>
Other stocks reacting to earnings reports included: 
<ul>
<li>Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), down over 2%, </li>
<li>Brookfield Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BN#NYSE">BN</a>), up 0.9%, </li>
<li>Talen Energy Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLN#NASDAQ">TLN</a>), up 0.9%, </li>
<li>Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), down 7.5%, </li>
<li>Tetra Tech Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>), down over 10%, </li>
<li>StandardAero Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SARO#NYSE">SARO</a>), down 5.5%. </li>
</ul>
Companies slated to report their earnings after Thursday&#8217;s close include Applied Materials Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), Globant S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLOB#NYSE">GLOB</a>), AST SpaceMobile Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>), Post Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POST#NYSE">POST</a>). 
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Trump Rally Fades As Investors Await Powell's Remarks, Bitcoin Drops Below $90,000: What's Driving Markets Thursday?

Tetra Tech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>) shares are trading lower premarket Thursday after the company reported <a href="https://www.benzinga.com/pressreleases/24/11/b41953561/tetra-tech-reports-record-fiscal-2024-and-fourth-quarter-results" target="_blank" rel="noreferrer noopener">fourth-quarter results on Wednesday</a>.
Net revenue increased 8% year over year to $1.14 billion, beating the consensus of $1.135 billion.
Operating income rose 33% year over year to $143 million in the quarter. Adjusted EPS&nbsp;of $0.38, beating <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus of $0.37</a>.
The results were driven by strong demand for the company&#8217;s specialized consulting services in water resource management and resilient infrastructure.
Tetra Tech&#8217;s Board approved quarterly dividend of $0.058 per share, payable on December 13 to shareholders of record as of November 27. Additionally, Tetra Tech has $348 million left in its $400 million share repurchase program.
Outlook: Tetra Tech projects FY25 EPS of $1.40 &#8211; $1.50 (vs. $1.48 estimate) and revenue of $4.565 billion &#8211; $4.765 billion <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">vs. the consensus of $4.66 billion</a>.
For the first quarter, the company expects revenue of $1.09 billion-$1.15 billion, compared to the estimate of $1.092 billion and EPS of $0.32- $0.34 (vs. estimate of $0.33).
Tetra Tech Chairman and CEO, Dan Batrack said, &#8220;We continue to see strong demand for our high-end services in coastal flood protection and recovery, security of water supplies, and digital modernization of water infrastructure. Over this past year, we received increasing orders across all our client end-markets which drove backlog up 12% to an all-time high of $5.38 billion.&#8221;
Investors can gain exposure to the stock via&nbsp;Tidal ETF Trust Newday Ocean Health ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHOY#NYSE">AHOY</a>) and iShares Environmental Infrastructure and Industrials ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFRA#NASDAQ">EFRA</a>).
Price Action: TTEK shares are down 6.02% at $44.50 premarket at the last check Thursday.
Read Next:
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<li><a href="https://www.benzinga.com//node/41966992" target="_blank" rel="noreferrer noopener">Obama-Era State Secretary Warns Trump&#8217;s Plans To Withdraw From Paris Agreement Would &#8216;Cede Leadership To China&#8217;</a></li>
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Earnings

Guidance

Movers

AHOY

EFRA

Tetra Tech's Q4 Revenue Soars, But Shares Dip On Soft Guidance For 2025

U.S. stock futures were higher this morning, with the Dow futures gaining more than 50 points on Thursday.
Shares of Advance Auto Parts, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAP#NYSE">AAP</a>) fell sharply in today's pre-market trading after the company <a href="https://www.benzinga.com/quote/AAP/earnings">reported downbeat quarterly results.</a>
Advance Auto Parts reported a quarterly loss of 4 cents per share, compared to market estimates of 49 cents per share. The company reported quarterly sales of $2.15 billion which missed the analyst consensus estimate of $2.65 billion.
Advance Auto Parts shares dipped 9.6% to $37.00 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Harrow, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HROW#NASDAQ">HROW</a>) declined 25.8% to $38.45 in pre-market trading after the company reported worse-than-expected third-quarter sales results.</li>
<li>Ibotta, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBTA#NYSE">IBTA</a>) shares fell 22.9% to $57.75 in pre-market trading after the company reported quarterly results.</li>
<li>Taysha Gene Therapies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSHA#NASDAQ">TSHA</a>) fell 10.8% to $1.9700 in pre-market trading following third-quarter results.</li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) fell 10.1% to $18.27 in today's pre-market trading. Super Micro Computer shares fell 6% on Wednesday after the company announced it was unable to file its quarterly report for the period ending Sept. 30 in a timely manner.</li>
<li>Tetra Tech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>) fell 7% to $44.06 in pre-market trading after the company reported worse-than-expected fourth-quarter EPS results.</li>
<li>ZEEKR Intelligent Technology Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZK#NYSE">ZK</a>) fell 6.3% to $27.30 in pre-market trading following third-quarter results.</li>
<li>Mercurity Fintech Holding Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MFH#NASDAQ">MFH</a>) fell 5.9% to $5.13 in pre-market trading after jumping 61% on Wednesday.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/11/41962884/us-stocks-settle-mixed-following-inflation-data-investor-sentiment-improves-but-fear-index-remains-in-greed-zone">US Stocks Settle Mixed Following Inflation Data: Investor Sentiment Improves, But Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

Pre-Market Outlook

HROW

IBTA

SMCI

TSHA

Advance Auto Parts Posts Weak Results, Joins Harrow, Taysha Gene Therapies And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

WIIM

Tetra Tech shares are trading lower after the company reported worse-than-expected Q4 EPS results.

Baird analyst Andrew Wittmann maintains Tetra Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>) with a Neutral and raises the price target from $46 to $47.

Baird Maintains Neutral on Tetra Tech, Raises Price Target to $47

Tetra Tech Sees FY25 Revenue $4.565B-$4.765B; Sees Q1 Revenue $1.090B-$1.150B Vs $1.092B Est.

Tetra Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>) reported quarterly earnings of $1.23 per share which missed the analyst consensus estimate of $1.25 by 1.6 percent. The company reported quarterly sales of $5.200 billion which beat the analyst consensus estimate of $4.311 billion by 20.61 percent.

Earnings Beats

Earnings Misses

Tetra Tech FY 2024 GAAP EPS $1.23 Misses $1.25 Estimate, Sales $5.200B Beat $4.311B Estimate

Tetra Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>) reported quarterly earnings of $0.35 per share which missed the analyst consensus estimate of $0.37 by 5.41 percent. The company reported quarterly sales of $1.370 billion which beat the analyst consensus estimate of $1.135 billion by 20.72 percent. This is a 29.61 percent increase over sales of $1.057 billion the same period last year.

Tetra Tech Q4 2024 GAAP EPS $0.35 Misses $0.37 Estimate, Sales $1.370B Beat $1.135B Estimate

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Earnings Scheduled For November 13, 2024

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tetratech.com%2F&amp;esheet=54148553&amp;newsitemid=20241106431068&amp;lan=en-US&amp;anchor=Tetra+Tech%2C+Inc.&amp;index=1&amp;md5=95975051676db595720cdbb2fa2f725e">Tetra Tech, Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the Utah Army National Guard awarded Tetra Tech a five-year, single-award contract not to exceed $30 million. The watershed-focused restoration and resiliency contract will support its Camp Williams training site.
Extreme climate impacts over the past two decades have affected the Camp Williams watershed, creating increased risks from flooding, wildfires, and erosion. Under this contract, Tetra Tech's interdisciplinary team of scientists and engineers will develop nature-based solutions to restore degraded habitats, mitigate against future losses, and preserve and enhance biodiversity and ecosystem functions.

Contracts

Tetra Tech Awarded $30M Watershed Resiliency Contract From The Utah Army National Guard

Tetra Tech Announced That The Defense Logistics Agency Selected The Company For Its $12B J6 Enterprise Technology Services Award Contract

Tetra Tech, Inc. (TTEK) Q3 2024 Earnings Conference Call Transcript

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Tetra Tech Achieves Record Fiscal Growth in 2024

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RBC Capital Reaffirms Their Buy Rating on Tetra Tech (TTEK)

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Tetra Tech's Strong Financial Performance and Growth Potential Highlighted in Analyst Recommendation

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Tetra Tech's ESG Challenges: Navigating Investor Expectations and Sustainability Risks

Dividend Champion, Contender, And Challenger Highlights: Week Of November 24

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Tetra Tech: High Quality Business Selling At Fair Value

Tetra Tech: Heading Into 2025 With Impressive Earnings, High-Value Contracts- Hold

In a report released on January 6, Sabahat Khan from RBC Capital maintained a Buy rating on Tetra Tech (TTEK – Research Report), with a price targe...

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