Stock Price & Analysis

Based on the recent data and analyst actions, TTEK stock should be avoided for buying at current levels due to significant headwinds from reduced U.S. federal government work and multiple analyst downgrades, with the stock showing bearish technical signals as it trades near $32.97 with RSI at oversold levels of 20.10.

Based on the provided data and recent market developments, here's the price prediction for TTEK stock in 2025:

TTEK stock is projected to reach $45-47 by end of 2025, supported by KeyBanc's recent price target adjustment and strong global water infrastructure projects. The stock is currently trading at $32.97, showing significant upside potential despite recent federal contract uncertainties.

The downward revision from previous targets reflects Maxim Group's recent downgrade due to reduced U.S. federal government work expectations, as federal contracts accounted for 32.2% of fiscal 2024 revenue. However, the company's strategic focus on global water quality and infrastructure projects is expected to offset these challenges.

The S1 support level for TTEK Stock is $32.11 ,The R1 resistant level for TTEK Stock is $38.2.

As of the end of day on 2025-02-11, the price of TTEK Stock was $32.09.

The target price for TTEK Stock according to analyst rating is 42.67, with the highest price target at 49.00 and the lowest at 34.00. Analysts have a Moderate Buy rating on TTEK Stock overall.

The market cap of TTEK is $8.9B.

Based on the provided data and recent analyst actions, here's a concise analysis of TTEK's valuation:

Valuation Analysis: With a current PE ratio of 41.56 and EV/EBITDA of 18.62 for Q1 2025, TTEK appears overvalued compared to historical levels. The stock's valuation metrics have consistently trended higher over recent quarters.

Recent Analyst Actions: Maxim Group recently downgraded TTEK to Hold from Buy on February 6, 2025, citing concerns about reduced U.S. federal government work under the current administration. KeyBanc also lowered their price target to $45 from $49 on January 31, 2025, reflecting a lower multiple.

Federal Revenue Risk: U.S. federal government work accounted for 32.2% of fiscal 2024 revenue, up from 30.7% in 2023. USAID revenue specifically represented 13% of revenue in fiscal 2024. This high dependency on federal contracts presents a significant risk given current administrative uncertainties.

Technical Indicators: The RSI reading of 20.10 indicates the stock is currently oversold, suggesting potential short-term price support levels around the Fibonacci S1 of $32.11.

Insider Activity: Recent insider selling activity, with Director Kirsten M Volpi selling 1,671 shares, and no insider purchases in the past 6 months, adds to bearish sentiment.

The stock is currently overvalued given the significant federal revenue risk, recent analyst downgrades, and concerning insider selling patterns.

Tetra Tech, Inc. is a global provider of consulting and engineering services that is focused on water, environment, sustainable infrastructure, renewable energy and international development. The Company is Leading with Science to provide solutions for its public and private clients. The Company operates through its two segments: government services group (GSG) and commercial/international services group (CIG). Its GSG segment provides consulting and engineering services primarily to United States (U.S.) government clients and development agencies worldwide. The Company's CIG segment primarily provides consulting and engineering services to U.S. commercial clients and international clients that include both commercial and government sectors. Its CIG segment provides sustainable infrastructure and related environmental, engineering and project management services to commercial and local government clients across Canada, in Asia Pacific, the United Kingdom, as well as Brazil and Chile.

Based on recent market data and analyst reports, Tetra Tech (TTEK) stock is projected to reach $45-50 by 2030, driven by reduced U.S. federal government contracts which currently account for 32.2% of revenue. The downgrade by Maxim to Hold rating reflects concerns about diminishing government work opportunities under the current administration. Recent insider selling activity, with 7 sales and no purchases in the past 6 months, along with institutional investors' mixed movements (261 increasing vs 280 decreasing positions) suggests cautious market sentiment.

TTEK has a total of 27000 employees.