TTEK Stock Recent News

PASADENA, Calif.--(BUSINESS WIRE)-- #flooding--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that United Utilities selected Tetra Tech for a multiple-award contract to manage flooding and control stormwater overflows in the United Kingdom. Under the 5-year contract, Tetra Tech will provide comprehensive technical support services to design innovative solutions using predictive models.

TTEK clinches three $416 million multiple-award deals from the USACE to provide technical services for facilities and sites across the Indo-Pacific region.

PASADENA, Calif.--(BUSINESS WIRE)-- #USACEhonolulu--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the U.S. Army Corps of Engineers (USACE), Honolulu District, selected Tetra Tech and its joint venture partner for three multiple-award contracts totaling $416 million. Under these 5-year contracts, Tetra Tech engineers and scientists will provide design and technical services for all ph.

Tetra Tech's stock correction due to USAID concerns appears overdone as USAID is just ~10% of its revenue and TTEK continues to see healthy secular growth trends in remaining businesses. Margins are expected to expand as the company shifts focus to higher-margin consulting services and reduces lower-margin USAID work. The stock's recent correction is presenting a buying opportunity, given the company's strong fundamentals and exposure to secular growth trends.

Tetra Tech has a strong balance sheet, a resilient revenue base, and delivered double-digit revenue growth through strategic acquisitions, expanding margins and controlling costs. Tetra Tech's profitability, cash flow generation, and disciplined capital allocation stand out, with strong operational performance and balanced reinvestment and shareholder returns. Despite a 24% margin of safety in my valuation, I recommend waiting for a 30% margin of safety before buying, due to recent stock price declines.

PASADENA, Calif.--(BUSINESS WIRE)-- #Engineeringservices--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment and sustainable infrastructure, announced today that the U.S. Army Corps of Engineers (USACE), Middle East District, selected Tetra Tech for a $240 million, multiple-award contract to provide architectural and engineering (A-E) design services for military installations throughout the region. Under the 5-year contract, Tetra Tech engineers.

Increasing costs and high debt levels weigh on TTEK. Unfavorable foreign currency movement is an added concern.

Tetra (TTEK) reported earnings 30 days ago. What's next for the stock?

“World Biogas Association INDIA Congress 2024 on Oct 23-24 in New Delhi unites leaders to boost India's biogas growth to 5,000 CBG plants by 2030.” “World Biogas Association INDIA Congress 2024 on Oct 23-24 in New Delhi unites leaders to boost India's biogas growth to 5,000 CBG plants by 2030.”

Tetra Tech, Inc. (NASDAQ:TTEK ) Q1 2025 Results Conference Call January 17, 2025 11:00 AM ET Company Participants Dan Batrack - Chairman and Chief Executive Officer Steve Burdick - Chief Financial Officer Leslie Shoemaker - Chief Innovation Officer Conference Call Participants Tim Mulrooney - William Blair Sangita Jain - KeyBanc Capital Markets Sabahat Khan - RBC Capital Markets Tate Sullivan - Maxim Group Justin Hauke - Baird Michael Dudas - Vertical Research Partners Operator Good morning and thank you for joining Tetra Tech's Earning Call. As a reminder, Tetra Tech is also simulcasting this presentation with slides in the Investor section of its website at tetratech.com.