Tetra Tech (TTEK) Given Media Impact Rating of 0.03

Media stories about Tetra Tech (NASDAQ:TTEK) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tetra Tech earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 43.9016168932481 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the media stories that may have impacted Accern’s scoring:

Tetra Tech (NASDAQ:TTEK) remained flat at $$48.50 on Monday. The stock had a trading volume of 205,918 shares, compared to its average volume of 341,115. The stock has a market capitalization of $2,700.00, a price-to-earnings ratio of 23.77, a price-to-earnings-growth ratio of 1.55 and a beta of 1.07. Tetra Tech has a 1-year low of $38.85 and a 1-year high of $50.90. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.37.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings results on Wednesday, November 8th. The industrial products company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. The firm had revenue of $533.00 million for the quarter, compared to analyst estimates of $517.90 million. Tetra Tech had a net margin of 4.28% and a return on equity of 13.60%. Tetra Tech’s quarterly revenue was up .4% on a year-over-year basis. During the same period in the previous year, the business posted $0.59 earnings per share. analysts forecast that Tetra Tech will post 2.32 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Thursday, November 30th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.82%. Tetra Tech’s payout ratio is presently 19.61%.

TTEK has been the topic of several research analyst reports. BidaskClub lowered shares of Tetra Tech from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 9th. Robert W. Baird reiterated a “hold” rating and issued a $47.00 target price on shares of Tetra Tech in a research report on Tuesday, September 5th. Boenning Scattergood reiterated a “buy” rating and issued a $54.00 target price on shares of Tetra Tech in a research report on Thursday, November 9th. Zacks Investment Research upgraded shares of Tetra Tech from a “sell” rating to a “hold” rating in a research report on Friday, October 6th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $47.00 target price on shares of Tetra Tech in a research report on Thursday, September 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. Tetra Tech has a consensus rating of “Hold” and a consensus price target of $52.29.

In related news, SVP Roger R. Argus sold 1,138 shares of the business’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $49.63, for a total transaction of $56,478.94. Following the transaction, the senior vice president now directly owns 6,948 shares in the company, valued at $344,829.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Dan L. Batrack sold 10,874 shares of the business’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $48.34, for a total transaction of $525,649.16. Following the transaction, the chief executive officer now owns 286,551 shares in the company, valued at $13,851,875.34. The disclosure for this sale can be found here. Insiders have sold 232,019 shares of company stock worth $11,385,910 over the last 90 days. 3.80% of the stock is currently owned by company insiders.

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Tetra Tech Company Profile

Tetra Tech, Inc is a provider of consulting, engineering, program management, construction management, and technical services. The Company’s segments include Water, Environment and Infrastructure (WEI), Resource Management and Energy (RME), and Remediation and Construction Management (RCM). The WEI segment provides consulting and engineering services.

Insider Buying and Selling by Quarter for Tetra Tech (NASDAQ:TTEK)

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