Tetra Tech, Inc (TTEK) is gearing up for another turning point as it hit the volume of 2.49 million

Tetra Tech, Inc (NASDAQ: TTEK) on Tuesday, plunged -0.12% from the previous trading day, before settling in for the closing price of $41.54. Within the past 52 weeks, TTEK’s price has moved between $31.61 and $51.20.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Industrials Sector giant saw their annual sales surged by 11.35% over the last five years. The company achieved an average annual earnings per share of 17.03%. With a float of $266.42 million, this company’s outstanding shares have now reached $267.72 million.

The firm has a total of 30000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 16.67%, operating margin of 9.63%, and the pretax margin is 8.92%.

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 0.49%, while institutional ownership is 91.29%. 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 17.03% 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 16.83% 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 1.25 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 2.14. Likewise, its price to free cash flow for the trailing twelve months is 32.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.23, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.68 in one year’s time.

Technical Analysis of Tetra Tech, Inc (TTEK)

Analysing the last 5-days average volume posted by the [Tetra Tech, Inc, TTEK], we can find that recorded value of 1.8 million was better than the volume posted last year of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 24.06%. Additionally, its Average True Range was 1.10.

During the past 100 days, Tetra Tech, Inc’s (TTEK) raw stochastic average was set at 13.99%, which indicates a significant decrease from 31.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.27% in the past 14 days, which was lower than the 34.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $45.48, while its 200-day Moving Average is $42.93. Now, the first resistance to watch is $41.87. This is followed by the second major resistance level at $42.26. The third major resistance level sits at $42.70. If the price goes on to break the first support level at $41.04, it is likely to go to the next support level at $40.60. Should the price break the second support level, the third support level stands at $40.21.

Tetra Tech, Inc (NASDAQ: TTEK) Key Stats

Market capitalization of the company is 11.11 billion based on 267,741K outstanding shares. Right now, sales total 5,199 M and income totals 333,380 K. The company made 1,374 M in profit during its latest quarter, and 96,150 K in sales during its previous quarter.