TTEK Stock Summary and Trading Ideas (Tetra Tech | NASDAQ:TTEK)

Tetra Tech Inc provides consulting and engineering services for environmental, infrastructure, resource management, energy, and international development markets. It specializes in providing water-related services for public and private clients. It designs infrastructure, facilities, and other structures with complex plans and resource management. Tetra Tech has two reportable segments. Its Government Services Group (GSG) reportable segment primarily includes activities with U.S. government clients (federal, state and local) and activities with development agencies worldwide. Commercial/International Services Group (CIG) reportable segment primarily includes activities with U.S. commercial clients and international clients other than development agencies.

Tetra Tech trades on the NASDAQ stock market under the symbol TTEK.

As of April 24, 2024, TTEK stock price climbed to $189.29 with 217,695 million shares trading.

TTEK has a beta of 1.22, meaning it tends to be more sensitive to market movements. TTEK has a correlation of 0.32 to the broad based SPY ETF.

TTEK has a market cap of $10.12 billion. This is considered a Large Cap stock.

Last quarter Tetra Tech reported $1 billion in Revenue and $1.40 earnings per share. This beat revenue expectation by $34 million and exceeded earnings estimates by $.06.

In the last 3 years, TTEK stock traded as high as $194.99 and as low as $116.01.

The top ETF exchange traded funds that TTEK belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.

TTEK has outperformed the market in the last year with a price return of +36.0% while the SPY ETF gained +24.1%. TTEK has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +17.9% and -1.5%, respectively, while the SPY returned +4.5% and -1.7%, respectively.

TTEK support price is $186.16 and resistance is $191.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TTEK stock will trade within this expected range on the day.