Tetra Tech Has A Rock Solid Balance Sheet
| TTEK Stock | USD 41.22 0.26 0.63% |
About 56% of all Tetra Tech's institutional investors are looking to take a long position. The analysis of overall sentiment of trading Tetra Tech stock suggests that some investors are interested at this time. Tetra Tech's investing sentiment shows overall attitude of investors towards Tetra Tech.
Tetra |
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Tetra Tech Current Investor Sentiment
Panic Vs Confidence
56
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Tetra Tech's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Tetra Tech.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Tetra Tech Historical Investor Sentiment
Investor biases related to Tetra Tech's public news can be used to forecast risks associated with an investment in Tetra. The trend in average sentiment can be used to explain how an investor holding Tetra can time the market purely based on public headlines and social activities around Tetra Tech. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tetra Tech's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tetra Tech and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Tetra Tech news discussions. The higher the estimate score, the more favorable the investor's outlook on Tetra Tech.
Tetra Tech Fundamental Analysis
We analyze Tetra Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tetra Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tetra Tech based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Tetra Tech is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Tetra Tech Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tetra Tech stock to make a market-neutral strategy. Peer analysis of Tetra Tech could also be used in its relative valuation, which is a method of valuing Tetra Tech by comparing valuation metrics with similar companies.
Peers
Tetra Tech Related Equities
| BLD | Topbuild Corp | 9.01 | ||||
| MYRG | MYR | 5.71 | ||||
| APG | Api Group | 3.35 | ||||
| J | Jacobs Solutions | 1.41 | ||||
| ROAD | Construction Partners | 1.30 | ||||
| EME | EMCOR | 1.20 | ||||
| PRIM | Primoris Services | 1.19 | ||||
| FIX | Comfort Systems | 0.82 | ||||
| DY | Dycom Industries | 0.69 | ||||
| MTZ | MasTec | 0.65 | ||||
| FLR | Fluor | 0.45 | ||||
| GVA | Granite Construction | 0.16 | ||||
| KBR | KBR | 0.53 |
Check out Tetra Tech Hype Analysis, Tetra Tech Correlation and Tetra Tech Performance. For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.