Maxim Group has recently reduced Tetra Tech Inc (TTEK) stock to Hold rating, as announced on February 6, 2025, according to Finviz. Earlier, on May 16, 2024, Maxim Group had reiterated the stock to Buy, setting a price target of $268 for TTEK stock. Northcoast also raised Buy rating with a price target of $225. Additionally, KeyBanc Capital Markets initiated Overweight rating on January 10, 2024, with a target price of $191. William Blair analysts, in their report published on September 13, 2023, also initiated Outperform rating for Tetra Tech Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Tetra Tech Inc (TTEK) Stock Trading Recap
On Thursday, Tetra Tech Inc (TTEK) stock saw a decline, ending the day at $30.78 which represents a decrease of $-0.67 or -2.13% from the prior close of $31.45. The stock opened at $31.55 and touched a low of $30.75 during the day, reaching a high of $31.71. The volume of shares traded was 2.56 million falling short of the average volume of 2.94 million.
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TTEK Stock Performance and Moving Averages
In recent trading, Tetra Tech Inc (TTEK) stock price has shown some volatility, fluctuating -8.88% over the last five trades and -26.38% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -31.70%, and it has plunged by -36.03% in the previous three months. Currently, TTEK is trading at -16.00%, -21.70%, and -28.64% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, TTEK, a Industrials sector stock, is trading -39.88% below its 52-week high but remains -1.00% above its 52-week low. The Average True Range (ATR) (14 days) of 1.36 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Tetra Tech Inc’s Profitability and Valuation Ratios
Tetra Tech Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of 9.96% and a profit margin of 4.81%, with a gross margin of -31.70%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Tetra Tech Inc’s market capitalization stands at $8.25 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 32.13, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 19.54. Additionally, the Price-to-Sales Ratio is 1.53, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 4.88, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.52% of Tetra Tech Inc (TTEK)’s shares, while financial institutions hold 87.65%.
Notable insider trades include Volpi Kirsten M, Director at Tetra Tech Inc (TTEK), who sold 10116 shares on Feb 04 ’25, at $34.33 each, totaling $0.35 million. On Sep 11 ’24, BURDICK STEVEN M, EVP, CFO, sold 36830 shares for $46.57 each, amounting to $1.72 million. Additionally, on Sep 11 ’24, Ritrievi Kimberly E sold 6500 shares at $46.48 each, generating $0.30 million.
