Tetra Tech, Inc (NASDAQ: TTEK) Now -30.47% Off Its High ($51.20), Does Analysts See Headwinds And Risks?

Tetra Tech, Inc (NASDAQ:TTEK) currently has a daily average trading volume of 2.42M but it saw 2498838 shares traded in last market. With a market cap of 9.38B USD, the company’s current market price of $35.60 came rising about 0.42 while comparing to the previous closing price of $35.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $51.20 and as low as $27.27.

Northcoast issued its recommendations for the stock as it upgraded the price target for the stock is $225.

Over the week, TTEK’s stock price is moving 2.48% up while it is 16.15% when we observe its performance for the past one month. Year-to-date it is -10.64% down and over the past year, the stock is showing a downside performance of -19.17%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.38 while estimate for next year EPS is 1.47. In next quarter, company is expected to be making quarterly sales of $1.12B as analysts are expecting the sales for current fiscal year at $4.58B and seeing the company making $4.49B in sales next year. Moreover, analysts are in estimates of $1.15B for current-quarter revenue.

Currently, Tetra Tech, Inc’s total number of outstanding shares is 263.50M with 0.45% of that held by the insiders while 99.86% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.58% and return on equity (ROE) at 11.91%. It has a price to earnings ratio (P/E ratio) of 51.27 while having a 23.09 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 5.96 while price to sale or P/S ratio amounts to 1.72. Its return on asset (ROA) is 4.56% on average.