Tetra Tech Inc. ($TTEK) Stock Forecast: Down 10.1% Today

What is Tetra Tech Inc.?

Tetra Tech (TTEK) is a global company offering consulting, engineering, and technical services. It operates through segments like Government Services Group and Commercial/International Services Group.

Why is Tetra Tech Inc. going down?

TTEK stock is down 10.1% on Jan 30, 2025 17:03

• Today, TTEK's stock saw a decline despite exceeding estimates in Q1 earnings and revenue, possibly due to:
• Investors taking profits after a period of stock growth.
• Market disappointment despite positive results leading to selling.
• Concerns regarding future growth or company guidance.
• Market conditions or sector challenges affecting TTEK's stock performance despite strong financial results.

TTEK Price Chart

TTEK Technical Analysis

TTEK News

Tetra Tech Q1 Earnings & Revenues Top Estimates, Increase Y/Y

TTEK's first-quarter fiscal 2025 results reflect growth across each of its segments, driven by solid momentum across end markets.

https://www.zacks.com/stock/news/2406683/tetra-tech-q1-earnings-revenues-top-estimates-increase-yy

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Tetra Tech Inc. Price History

30.00.2025 - TTEK Stock was down 10.1%

• Today, TTEK's stock saw a decline despite exceeding estimates in Q1 earnings and revenue, possibly due to:
• Investors taking profits after a period of stock growth.
• Market disappointment despite positive results leading to selling.
• Concerns regarding future growth or company guidance.
• Market conditions or sector challenges affecting TTEK's stock performance despite strong financial results.

14.10.2024 - TTEK Stock was down 11.3%

• Tetra Tech's stock might have been influenced by negative sentiment in the market, possibly due to broader economic concerns.
• The weak results reported by Advance Auto Parts could have had a spillover effect on TTEK and other related companies, leading to a bearish trend.
• Investors may have reacted to the downbeat quarterly results of Advance Auto Parts by selling off shares in companies like Tetra Tech, contributing to the bearish movement in TTEK's stock price today.

14.10.2024 - TTEK Stock was down 12.1%

• In the latest quarter, Tetra Tech saw a significant rise in revenue, exceeding expectations. However, the stock price declined as the company provided a less optimistic outlook for 2025.
• The decrease in stock value could be linked to investors' negative reactions towards the company's future prospects despite its strong current performance.
• Investor sentiment may have been influenced by the broader downward trend among major stocks, exemplified by the weak results and pre-market drop of Advance Auto Parts.
• Investors seem wary of companies with unimpressive guidance, leading to a sell-off of Tetra Tech shares despite the positive revenue growth.

14.10.2024 - TTEK Stock was down 11.2%

• Tetra Tech (TTEK) might have been influenced by the overall negative sentiment in the market due to weak results reported by Advance Auto Parts (AAP).
• The bearish movement in TTEK could be a result of investors reacting to the downbeat quarterly results of Advance Auto Parts, which led to a broader decline in certain stocks.
• This negative trend in TTEK could be a reflection of the cautious approach investors are taking towards companies reporting weak financial performance, as seen in the case of Advance Auto Parts.

23.00.2025 - TTEK Stock was down 5.9%

• Despite positive long-term prospects, rising costs and expenses likely weighed on TTEK's profitability, leading to today's bearish movement.
• Investors may have reacted to the immediate threat posed by the cost increases, overshadowing the potential gains from business strength and acquisitions.
• The market sentiment towards TTEK might have shifted due to concerns about maintaining margins in the face of escalating expenses.

28.05.2024 - TTEK Stock was down 5.2%

• Tetra Tech securing an additional $84 million deal from USAID to enhance energy security in the Republic of Moldova did not positively influence the stock's performance today.
• Concerns may have arisen among investors following Vice President Kamala Harris' focus on environmental justice and greenwashing, possibly signaling worries about regulatory scrutiny or heightened competition in the environmental services industry, resulting in a downtrend for Tetra Tech.
• Investors might be wary of Tetra Tech's future outlook given the increasing importance placed on environmental policies and regulations, potentially leading to adverse effects on the company's operations and profitability.

17.07.2023 - TTEK Stock was down 5.0%

• Tetra Tech announced a proposed private placement of $500M of convertible senior notes, which might have caused uncertainty and selling pressure on the stock.
• The coverage initiation by StockNews.com with a "hold" rating could have also contributed to the bearish movement as investors may have been cautious.
• The news about Republic Services seeing an upgrade in its Relative Strength Rating and the release of stock picks from Wall Street's most accurate analysts are not directly related to Tetra Tech's bearish movement.

16.10.2023 - TTEK Stock was up 2.2%

• Tetra Tech reported record financial results for Q4 and the fiscal year, beating earnings and sales estimates.
• The stock gained 4% following the Q4 beat, indicating positive investor sentiment.
• The solid segmental performances contributed to the gains in TTEK's stock.
• The company's EPS of $1.78 surpassed estimated earnings by 24.48%.
• Overall, Tetra Tech's strong financial performance and beating expectations in Q4 led to a bullish movement in TTEK's stock.

06.01.2024 - TTEK Stock was up 4.0%

• Tetra Tech's stock had a strong bullish movement today, supported by positive news and announcements.
• Financial Counselors Inc. increased its holdings in Tetra Tech, indicating confidence in the company's future prospects.
• Royal Bank of Canada raised the price target for TTEK, suggesting optimism about its performance.
• Tetra Tech reported robust Q1 earnings and raised its guidance for fiscal 2024, indicating strong growth and positive momentum.
• Overall, the bullish market movement for TTEK can be attributed to the company's positive financial performance, increased investor confidence, and optimistic outlook for the future.

15.10.2023 - TTEK Stock was up 5.0%

• Tetra Tech is expected to announce strong Q4 earnings results, with a consensus EPS estimate of $1.44 and revenue estimate of $986.98M. This positive expectation could have contributed to the bullish movement in the stock.
• The company has been awarded a $33M task order by the US Army Corps of Engineers to design a new navigation lock on the Illinois River, which enhances inland navigation. This contract win could have further boosted investor confidence in Tetra Tech.
• TimesSquare Capital Management LLC decreased its stake in Tetra Tech, Inc., which could have initially caused some selling pressure on the stock. However, this did not seem to have a significant impact on the overall bullish movement.
• The article mentioning AI stocks becoming trillion-dollar companies is not directly related to Tetra Tech's market movement.
• Overall, the positive earnings expectations and the contract win with the US Army Corps of Engineers likely contributed to the bullish movement in Tetra Tech's stock.

05.07.2024 - TTEK Stock was up 5.2%

• TTEK stock experienced a bullish movement today.
• The appointment of John M. Douglas, a seasoned leader with over 40 years of experience, to the Board of Directors could have boosted investor confidence in the company's future direction.
• Tetra Tech's impressive Q3 earnings beat and raised guidance for 2024 likely contributed to the positive market sentiment.
• Additionally, the declaration of a dividend by Tetra Tech might have attracted income-seeking investors to the stock, further driving its bullish movement.

01.07.2024 - TTEK Stock was down 2.6%

• Tetra Tech outperformed in Q3 earnings and raised its guidance for 2024. However, investors may have engaged in profit-taking following a period of growth.
• The company's robust Q3 performance and increased guidance potentially raised expectations, prompting some investors to sell off, resulting in the bearish movement.
• It's likely that external factors affecting the overall market or industry sentiment overshadowed Tetra Tech's optimistic results and outlook, causing the market shift.
• Investors could be adjusting their portfolios in response to general market trends or sector rotations, impacting Tetra Tech's bearish movement despite positive financial performance.