Tetra Tech (TTEK, Financial) has successfully secured a significant contract to enhance the water treatment infrastructure for the West Basin Municipal Water District in Los Angeles County, California. The $10 million agreement involves upgrading the process control systems utilized by the region's advanced water recycling facilities. This initiative by Tetra Tech will focus on replacing and modernizing the distributed control systems, which aim to improve operational efficiency, strengthen cybersecurity measures, and ensure greater reliability for the water treatment processes.
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 10.64% from the current price of $37.96. 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 5.72% from the current price of $37.96. 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.
