Analyst Ratings for Tetra Tech Inc. (TTEK)

Updated: 2017-07-27

Shares of Tetra Tech Inc. (NASDAQ:TTEK) have received a consensus rating of Overweight from Wall Street analysts. TTEK had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 5 analysts, 0 issued an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for TTEK by the analysts covering the stock. The most optimistic price target was 58, implying potential capital gains of 23.54 percent. The lowest price target was 50, implying potential capital losses of 6.5 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.79 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.23 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.38 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

TTEK has an estimated earnings growth rate of 17.45 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. TTEK has a PEG ratio of 1.42.

In the last 52-weeks, TTEK has achieved a high of 47.80 and a low of 32.16. The current market price is above the trailing year's low by 45.99 percent, and 1.78 percent lower than its 52-week high. TTEK has a price/earnings ratio of 24.84. Investors typically compare the P/E ratio to a company's peers in the industry. The TTEK value stock report compares TTEK to some of its peers using value stock charts. The stock has a market capitalization of $2.68 billion. TTEK is estimated to release their earnings results for the quarter on 0000-00-00, days from today.