Tetra Tech (NASDAQ:TTEK) Releases FY 2026 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.400-1.550 for the period, compared to the consensus EPS estimate of 1.490. The company issued revenue guidance of $4.1 billion-$4.3 billion, compared to the consensus revenue estimate of $4.3 billion. Tetra Tech also updated its Q1 2026 guidance to 0.300-0.330 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a report on Saturday, October 25th. National Bank Financial initiated coverage on Tetra Tech in a report on Wednesday, October 8th. They set an “outperform” rating and a $41.00 price target for the company. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $48.00 price objective on shares of Tetra Tech in a report on Friday. Robert W. Baird increased their target price on Tetra Tech from $40.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, KeyCorp raised their target price on shares of Tetra Tech from $41.00 to $43.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Tetra Tech presently has an average rating of “Moderate Buy” and a consensus target price of $42.20.

Tetra Tech Trading Up 15.3%

Shares of NASDAQ TTEK opened at $37.41 on Friday. The business’s 50 day moving average is $33.90 and its two-hundred day moving average is $35.10. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.18 and a quick ratio of 1.18. Tetra Tech has a 1-year low of $27.27 and a 1-year high of $44.63. The stock has a market capitalization of $9.83 billion, a P/E ratio of 46.76 and a beta of 0.96.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings data on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.05. The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.06 billion. Tetra Tech had a return on equity of 24.70% and a net margin of 3.94%.The company’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period last year, the company earned $0.38 EPS. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS. FY 2026 guidance at 1.400-1.550 EPS. As a group, research analysts expect that Tetra Tech will post 1.37 EPS for the current year.

Tetra Tech Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Monday, December 1st will be paid a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, December 1st. Tetra Tech’s payout ratio is presently 32.50%.

Institutional Investors Weigh In On Tetra Tech

Several hedge funds and other institutional investors have recently made changes to their positions in TTEK. Geneos Wealth Management Inc. boosted its stake in shares of Tetra Tech by 136.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 751 shares during the period. EverSource Wealth Advisors LLC raised its position in Tetra Tech by 754.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock worth $67,000 after purchasing an additional 1,638 shares during the period. Brown Brothers Harriman & Co. lifted its stake in Tetra Tech by 22.6% in the third quarter. Brown Brothers Harriman & Co. now owns 4,626 shares of the industrial products company’s stock worth $154,000 after purchasing an additional 853 shares during the last quarter. Parallel Advisors LLC lifted its stake in Tetra Tech by 13.0% in the third quarter. Parallel Advisors LLC now owns 4,982 shares of the industrial products company’s stock worth $166,000 after purchasing an additional 574 shares during the last quarter. Finally, HUB Investment Partners LLC purchased a new position in shares of Tetra Tech during the second quarter valued at approximately $214,000. Hedge funds and other institutional investors own 93.89% of the company’s stock.

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.