Tetra Tech (TTEK, Financial) has revealed plans to acquire Sage Group through a definitive agreement. This acquisition will see Sage Group become part of Tetra Tech's Commercial International Business Group. The completion of this transaction is contingent on the fulfillment of typical closing conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Tetra Tech Inc (TTEK, Financial) is $39.00 with a high estimate of $49.00 and a low estimate of $31.00. The average target implies an upside of 25.64% from the current price of $31.04. More detailed estimate data can be found on the Tetra Tech Inc (TTEK) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Tetra Tech Inc's (TTEK, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Tetra Tech Inc (TTEK, Financial) in one year is $36.77, suggesting a upside of 18.46% from the current price of $31.04. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Tetra Tech Inc (TTEK) Summary page.
