Tetra Tech Stock Buy Hold or Sell Recommendation
| TTEK Stock | USD 40.79 0.57 1.42% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Tetra Tech is 'Strong Buy'. The recommendation algorithm takes into account all of Tetra Tech's available fundamental, technical, and predictive indicators you will find on this site.
Check out Tetra Tech Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide. Note, we conduct extensive research on individual companies such as Tetra and provide practical buy, sell, or hold advice based on investors' constraints. Tetra Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Tetra |
Execute Tetra Tech Buy or Sell Advice
The Tetra recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tetra Tech. Macroaxis does not own or have any residual interests in Tetra Tech or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tetra Tech's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Tetra Tech Trading Alerts and Improvement Suggestions
| Tetra Tech generated a negative expected return over the last 90 days | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: What Makes Tetra Tech Inc an Attractive Investment Opportunity |
Tetra Tech Returns Distribution Density
The distribution of Tetra Tech's historical returns is an attempt to chart the uncertainty of Tetra Tech's future price movements. The chart of the probability distribution of Tetra Tech daily returns describes the distribution of returns around its average expected value. We use Tetra Tech price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tetra Tech returns is essential to provide solid investment advice for Tetra Tech.
| Mean Return | -0.19 | Value At Risk | -2.3 | Potential Upside | 2.80 | Standard Deviation | 2.32 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tetra Tech historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Tetra Stock Institutional Investors
| Shares | Allspring Global Investments Holdings, Llc | 2024-06-30 | 677.1 K | Bank Of America Corp | 2024-06-30 | 659.7 K | Amvescap Plc. | 2024-06-30 | 639.2 K | Norges Bank | 2024-06-30 | 612.4 K | Ci Private Wealth Llc | 2024-06-30 | 520.5 K | Bank Of New York Mellon Corp | 2024-06-30 | 488.7 K | First Trust Advisors L.p. | 2024-06-30 | 415 K | Allianz Asset Management Ag | 2024-06-30 | 351.1 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 339.1 K | Vanguard Group Inc | 2024-09-30 | 25.8 M | Blackrock Inc | 2024-06-30 | 5.3 M |
Tetra Tech Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 36.6M | 9.1M | 18.5M | (16.3M) | 63.9M | 67.1M | |
| Free Cash Flow | 250.2M | 295.8M | 325.6M | 341.6M | 340.6M | 357.6M | |
| Depreciation | 24.6M | 23.8M | 27.0M | 61.2M | 73.7M | 77.4M | |
| Other Non Cash Items | (9.3M) | (7.9M) | (20.8M) | (59.8M) | (59.6M) | (56.6M) | |
| Capital Expenditures | 12.2M | 8.6M | 10.6M | 26.9M | 18.1M | 16.2M | |
| Net Income | 173.9M | 232.8M | 263.2M | 273.5M | 333.4M | 350.1M | |
| End Period Cash Flow | 157.5M | 166.6M | 185.1M | 168.8M | 232.7M | 244.3M | |
| Change To Inventory | (14.4M) | 8.1M | 4.1M | 3.4M | 3.1M | 3.2M | |
| Net Borrowings | 1.8M | 13.9M | (83.4M) | 40.0M | 36.0M | 37.8M | |
| Dividends Paid | 34.7M | 40.0M | 46.1M | 52.1M | 58.8M | 47.9M | |
| Change To Netincome | 5.6M | 25.7M | (23.3M) | 7.6M | 6.9M | 12.0M | |
| Investments | (63.0M) | (93.0M) | (55.7M) | (771.2M) | (694.1M) | (659.4M) |
Tetra Tech Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Tetra Tech or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Tetra Tech's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Tetra stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 2.35 | |
Ir | Information ratio | -0.13 |
Tetra Tech Volatility Alert
Tetra Tech exhibits very low volatility with skewness of -3.18 and kurtosis of 17.12. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tetra Tech's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tetra Tech's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Tetra Tech Fundamentals Vs Peers
Comparing Tetra Tech's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Tetra Tech's direct or indirect competition across all of the common fundamentals between Tetra Tech and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tetra Tech or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tetra Tech's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tetra Tech by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tetra Tech to competition |
| Fundamentals | Tetra Tech | Peer Average |
| Return On Equity | 0.19 | -0.31 |
| Return On Asset | 0.0765 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 11.55 B | 16.62 B |
| Shares Outstanding | 267.74 M | 571.82 M |
| Shares Owned By Insiders | 0.38 % | 10.09 % |
| Shares Owned By Institutions | 96.01 % | 39.21 % |
| Number Of Shares Shorted | 3.92 M | 4.71 M |
| Price To Earning | 33.44 X | 28.72 X |
| Price To Book | 5.88 X | 9.51 X |
| Price To Sales | 2.58 X | 11.42 X |
| Revenue | 5.2 B | 9.43 B |
| Gross Profit | 575.56 M | 27.38 B |
| EBITDA | 500.74 M | 3.9 B |
| Net Income | 333.44 M | 570.98 M |
| Cash And Equivalents | 185.09 M | 2.7 B |
| Cash Per Share | 3.49 X | 5.01 X |
| Total Debt | 1.02 B | 5.32 B |
| Debt To Equity | 0.39 % | 48.70 % |
| Current Ratio | 1.26 X | 2.16 X |
| Book Value Per Share | 6.88 X | 1.93 K |
| Cash Flow From Operations | 358.71 M | 971.22 M |
| Short Ratio | 2.75 X | 4.00 X |
| Earnings Per Share | 1.23 X | 3.12 X |
| Price To Earnings To Growth | 2.23 X | 4.89 X |
| Target Price | 50.33 | |
| Number Of Employees | 27 K | 18.84 K |
| Beta | 0.94 | -0.15 |
| Market Capitalization | 10.92 B | 19.03 B |
| Total Asset | 4.19 B | 29.47 B |
| Retained Earnings | 1.87 B | 9.33 B |
| Working Capital | 158.03 M | 1.48 B |
Note: Acquisition by Preston Hopson of 6326 shares of Tetra Tech subject to Rule 16b-3 [view details]
Tetra Tech Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tetra . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Tetra Tech Buy or Sell Advice
When is the right time to buy or sell Tetra Tech? Buying financial instruments such as Tetra Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Tetra Tech Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tetra Tech. If investors know Tetra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tetra Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.749 | Earnings Share 1.23 | Revenue Per Share 15.861 | Quarterly Revenue Growth 0.082 | Return On Assets 0.0765 |
The market value of Tetra Tech is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Tech's value that differs from its market value or its book value, called intrinsic value, which is Tetra Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tetra Tech's market value can be influenced by many factors that don't directly affect Tetra Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tetra Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.