Tetra Tech (TTEK, Financial) has been awarded a significant contract worth $94 million by the U.S. Environmental Protection Agency. This seven-year, single-award contract involves providing technical services to EPA Region 7 as part of the Superfund Technical Assessment & Response Team. Under the agreement, Tetra Tech will assist in preparing for and responding to various emergencies, such as chemical and hazardous material releases, oil spills, industrial accidents, and natural disasters.
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 $42.00 with a high estimate of $48.00 and a low estimate of $39.00. The average target implies an upside of 12.69% from the current price of $37.27. 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 $35.79, suggesting a downside of 3.97% from the current price of $37.27. 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.
