Tetratec (NASDAQ: TTEK – get rating) Downgraded by Equity Researchers of StockNews.com In a analysis be aware revealed on Friday, it went from a ‘purchase’ ranking to a ‘maintain’ ranking.
Separately, Maxim Group raised its worth goal for Tetra Tech from $190.00 to $200.00 in a analysis be aware on Friday, November eleventh.
Tetratec share worth drops 1.5%
NASDAQ TTEK It fell $2.24 in Friday buying and selling to $151.38. His 220,210 shares within the firm traded, with a mean buying and selling quantity of 335,809 shares for him. Tetra Tech has a 12-month low of $118.55 and a 12-month excessive of $176.63. The enterprise has a 50-day easy shifting common of $143.41 and a 200-day easy shifting common of $139.29. The firm has a present ratio of 1.26, a fast ratio of 1.26 and a debt to fairness ratio of 0.21. The firm has a market capitalization of $8.02 billion, a P/E of 31.08 and a beta of 0.92.
Tetratec (NASDAQ: TTEK – get rating) final reported earnings on Wednesday, November 9. Industrial corporations posted earnings per share of $1.26 for the quarter, beating consensus expectations of $1.15 by $0.11. The firm’s income for the quarter was $736.1 million, whereas analysts estimated he was $712.86 million. Tetra Tech had a return on fairness of 20.02% and a internet revenue margin of seven.51%. Business income elevated by 11.8% in comparison with the identical interval final 12 months. For the identical time final 12 months, the corporate was making his $1.05 revenue per share. As a gaggle, sell-side analysts count on Tetra Tech to submit 4.84 EPS this 12 months.
insider buying and selling
In associated information, Director Kirsten M. Volpi offered 700 shares of Tetra Tech inventory within the buying and selling on Tuesday, December sixth. The shares offered at a mean worth of $154.61 for a complete transaction worth of $108,227.00. After the sale, the administrators now straight personal 12,603 shares of the corporate inventory valued at $1,948,549.83. The transaction was disclosed in paperwork filed with the SEC and will be accessed beneath. this linkIn associated information, director Kirsten M. Volpi offered 700 shares of Tetra Tech in a deal on Tuesday, December sixth. The shares offered at a mean worth of $154.61 and the overall transaction worth was $108,227.00. After the sale, the administrators now straight personal 12,603 shares of the corporate inventory valued at $1,948,549.83. The transaction was disclosed in paperwork filed with the SEC and will be accessed beneath. this linkSVP Preston Hopson III additionally offered 3,616 shares of Tetra Tech in a transaction on Monday, November twenty first. The shares have been offered at a mean worth of $157.52 for a complete of $569,592.32. After the sale, the Senior Vice President now owns 10,395 shares of the corporate straight, valued at $1,637,420.40.You can discover disclosure info for this sale hereInsiders have offered 13,931 shares of firm inventory price $2,176,181 prior to now three months. His 1.20% of the shares are owned by company insiders.
Institutional traders look to Tetra Tech
Institutional traders have lately elevated or decreased their stakes in equities. Brown Brothers Harriman & Co. acquired a brand new stake in Tetra Tech price roughly $25,000 within the second quarter. Private Trust Co. NA elevated his Tetra Tech holdings by 64.3% within the third quarter. Private Trust Co. NA now owns 253 shares of the commercial merchandise firm price $33,000 after buying a further 99 shares of him final quarter. Clear Investment Research LLC acquired a brand new stake in Tetra Tech price roughly $39,000 within the third quarter. Quantbot Technologies LP acquired a brand new stake in Tetra Tech price roughly $39,000 within the second quarter. Finally, Householder Group Estate & Retirement Specialist LLC acquired a brand new stake in Tetra Tech price roughly $40,000 within the third quarter. 85.93% of the shares are owned by institutional traders and hedge funds.
About Tetratec
Tetra Tech, Inc offers consulting and engineering companies worldwide. The firm operates in his two segments, the Government Services Group (GSG) and the Commercial/International Services Group (CIG). The GSG phase offers preliminary information assortment and monitoring, information evaluation and knowledge administration, utilized science and engineering analysis, engineering design, mission administration, and operation and upkeep companies. Climate change and vitality administration consultancy and greenhouse fuel stock evaluation, certification, discount and administration companies.
Featured Stories
This on the spot information alert was generated by Narrative Science Technology and MarketBeat monetary information to supply our readers with the quickest and most correct reporting. This article was reviewed by MarketBeat’s editorial workforce previous to publication. Send any questions or feedback about this story to [email protected]
Hear this earlier than you think about Tetratec.
MarketBeat tracks Wall Street’s most acclaimed and prime performing analysis analysts and the shares they advocate to purchasers on daily basis. MarketBeat five shares Top analysts quietly whisper to purchasers to purchase now earlier than the broader market takes middle stage…and Tetratec wasn’t on the checklist.
Tetra Tech at the moment has a ‘Hold’ ranking amongst analysts, however the prime rated analysts consider these 5 shares are higher buys.
