TTEK Stock Analysis — Tetra Tech, Inc.
Sector: Industrials
AI Verdict
TTEK trades at 19.4x next year's earnings with sky-high 63.9% EPS growth expected—cheap for the growth if their sticky government and infrastructure contracts deliver, but fragile if execution slips.
Competitive Moat
Tetra Tech specializes in high-end consulting and engineering services for water, environment, and infrastructure projects, often securing recurring government and utility contracts. Its moat comes from deep technical expertise and long-term client relationships in regulated, mission-critical sectors where switching providers is costly and risky.
Summary
TTEK is notable for its sharp expected earnings rebound, with analysts forecasting 63.9% EPS growth next year.
Where It Stands
TTEK delivered -1.0% trailing revenue growth but trades at 19.4x forward earnings, a discount to the 20x industrials median, while analysts expect a 63.9% EPS surge.
Key Metrics
- Trailing P/E: 31.7x
- Forward P/E: 19.4x
- PEG Ratio: 0.50
- Earnings Growth: +0.6%
- Revenue Growth: -0.0%
- Dividend Yield: 0.01%
- 52-Week High: $43.14
- 52-Week Low: $29.57
Analyst Consensus
11 Buy · 4 Hold · 0 Sell (15 analysts)
Bull Case
With a forward P/E of 19.4x and 63.9% expected EPS growth, the stock is cheap for the growth on offer if execution matches analyst optimism.
Bear Case
If the forward P/E reverts to the trailing level of 31.7x without the forecasted earnings materializing, investors risk overpaying by more than 60%.
Catalyst to Watch
Watch for contract wins or execution updates—any shortfall on the 63.9% EPS growth expectation could trigger a sharp rerating.