Tetra Tech, Inc. (NASDAQ: TTEK) on Monday, soared 0.29% from the previous trading day, before settling in for the closing price of $48.23. Within the past 52 weeks, TTEK’s price has moved between $28.67 and $48.49.
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During the last 5-year period, the sales growth of Industrials Sector giant was 10.45%. The company achieved an average annual earnings per share of 12.24%. With a float of $266.56 million, this company’s outstanding shares have now reached $267.66 million.
Let’s determine the extent of company efficiency that accounts for 27000 employees. In terms of profitability, gross margin is 16.39%, operating margin of 9.15%, and the pretax margin is 8.31%.
Tetra Tech, Inc. (TTEK) Insider Activity
Observing investor behavior towards Engineering & Construction industry stocks is more important than anything else. The insider ownership of Tetra Tech, Inc. is 0.41%, while institutional ownership is 92.96%. The most recent insider transaction that took place on Sep 11 ’24, was worth 1,715,173. In this transaction EVP, CFO of this company sold 36,830 shares at a rate of $46.57, taking the stock ownership to the 112,620 shares. Before that another transaction happened on Sep 11 ’24, when Company’s Director sold 6,500 for $46.48, making the entire transaction worth $302,120. This insider now owns 143,200 shares in total.
Tetra Tech, Inc. (TTEK) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 12.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.90% during the next five years compared to 16.08% growth over the previous five years of trading.
Tetra Tech, Inc. (NASDAQ: TTEK) Trading Performance Indicators
Tetra Tech, Inc. (TTEK) is currently performing well based on its current performance indicators. A quick ratio of 1.21 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.55. Likewise, its price to free cash flow for the trailing twelve months is 36.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.08, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.48 in one year’s time.
Technical Analysis of Tetra Tech, Inc. (TTEK)
Looking closely at Tetra Tech, Inc. (NASDAQ: TTEK), its last 5-days average volume was 1.28 million, which is a drop from its year-to-date volume of 1.36 million. As of the previous 9 days, the stock’s Stochastic %D was 81.51%. Additionally, its Average True Range was 0.99.
During the past 100 days, Tetra Tech, Inc.’s (TTEK) raw stochastic average was set at 97.63%, which indicates a significant increase from 92.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.74% in the past 14 days, which was lower than the 25.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $46.13, while its 200-day Moving Average is $39.93. However, in the short run, Tetra Tech, Inc.’s stock first resistance to watch stands at $48.81. Second resistance stands at $49.25. The third major resistance level sits at $49.92. If the price goes on to break the first support level at $47.70, it is likely to go to the next support level at $47.04. Should the price break the second support level, the third support level stands at $46.60.
Tetra Tech, Inc. (NASDAQ: TTEK) Key Stats
Market capitalization of the company is 12.95 billion based on 53,497K outstanding shares. Right now, sales total 4,523 M and income totals 273,420 K. The company made 1,344 M in profit during its latest quarter, and 85,810 K in sales during its previous quarter.
