Tetra Tech (NASDAQ:TTEK) Announces Q1 2027 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) issued an update on its first quarter 2027 earnings guidance on Wednesday. The company provided EPS guidance of 0.360-0.380 for the period, compared to the consensus EPS estimate of 0.380. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Tetra Tech also updated its FY 2027 guidance to 1.650-1.800 EPS.

Wall Street Analysts Forecast Growth

TTEK has been the subject of a number of analyst reports. Weiss Ratings raised Tetra Tech from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, October 27th. KeyCorp reaffirmed an “overweight” rating and issued a $41.00 target price (down from $43.00) on shares of Tetra Tech in a research note on Thursday, October 15th. Robert W. Baird upped their price target on shares of Tetra Tech from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Thursday. Royal Bank Of Canada dropped their price target on shares of Tetra Tech from $46.00 to $44.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. Finally, Wall Street Zen lowered shares of Tetra Tech from a “buy” rating to a “hold” rating in a report on Saturday, October 17th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $40.00.

Tetra Tech Stock Performance

Shares of TTEK stock opened at $39.43 on Friday. The stock has a fifty day moving average of $36.01 and a 200 day moving average of $33.26. Tetra Tech has a 52 week low of $25.81 and a 52 week high of $43.14. The firm has a market capitalization of $10.10 billion, a price-to-earnings ratio of 23.33 and a beta of 0.86. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results on Wednesday, November 11th. The industrial products company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Tetra Tech had a net margin of 8.67% and a return on equity of 22.46%. The firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.45 earnings per share. Tetra Tech has set its FY 2027 guidance at 1.650-1.800 EPS and its Q1 2027 guidance at 0.360-0.380 EPS. As a group, research analysts expect that Tetra Tech will post 1.74 earnings per share for the current year.

Tetra Tech Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Wednesday, December 2nd will be given a $0.0720 dividend. This represents a $0.29 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, December 2nd. Tetra Tech’s dividend payout ratio (DPR) is currently 16.57%.

Tetra Tech News Roundup

These are some of the TTEK news items that stood out recently:

• Positive Sentiment: Fourth-quarter adjusted EPS of $0.49 beat the $0.47 consensus. Revenue was $1.34 billion, and net revenue rose 5% year over year to $1.15 billion. Tetra Tech reports strong fourth-quarter and fiscal-year results
• Positive Sentiment: Investors also have a demand signal in the $4.67 billion funded backlog and more than $1.6 billion of new orders. Baird raised its price target to $40 from $37, while maintaining a neutral rating. Tetra Tech backlog hits $4.67 billion as new orders exceed $1.6 billion
• Neutral Sentiment: Fiscal 2027 EPS guidance of $1.65–$1.80 and revenue guidance of $4.4–$4.6 billion bracket consensus estimates of $1.72 and $4.5 billion, respectively. The low ends are below forecasts, though the ranges overall are close to expectations. Tetra Tech reports strong fourth-quarter and fiscal-year results

About Tetra Tech

Tetra Tech, Inc. is a consulting and engineering services company founded in 1966. It works with government and commercial clients on projects involving water, the environment, infrastructure, energy, and resource management. The company provides services across the project lifecycle, including planning, consulting, engineering, design, and program and construction management. Its work includes water supply and wastewater systems, environmental assessment and remediation, infrastructure development, and climate resilience.