TTEK Stock Recent News
TTEK LATEST HEADLINES
PASADENA, Calif.--(BUSINESS WIRE)-- #advancedengineering--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that Uisce Éireann (formerly Irish Water)—Ireland's national water utility—has selected Tetra Tech as part of a joint venture comprising Tetra Tech's RPS operations, AtkinsRéalis, and Long O'Donnell to provide technical services to expand the water treatment capacity and distribution network.
PASADENA, Calif.--(BUSINESS WIRE)-- #carronwalsh--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 Company has acquired Irish management consulting firm, Carron + Walsh. Carron + Walsh delivers project and cost management solutions for large-scale commercial, life sciences, residential and infrastructure programs across Europe from their headquarters in the Republic of Ireland. Ca.
PASADENA, Calif.--(BUSINESS WIRE)-- #USACE--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), Mobile District, awarded the Company a $249 million multiple-award contract to provide comprehensive planning and environmental services. Under the 5-year contract Tetra Tech will provide technical services to support major environmental initiati.
TTEK clinches a five-year multiple-award deal from United Utilities for the management of flooding and control of stormwater overflows in the United Kingdom.
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.